Most Important News

1. US-Iran Talks Advance; Trump Promises Quick End to War;
2. Saudi CMA Proposes Easing Capital Rules for Securities Activities;
3. SOLUTIONS Approves SAR 952.6 Million Cash Dividend for 2025;

At the close of 19/5/2026, the Tadawul All Shares Index(TASI.SA) increased by 0.24%, closing at 10982.30 points; the Parallel Market Capped Index (NomuC)(NOMUC.SA) rose by 0.08%, closing at 22743.13 points.

As of Tuesday’s close, the S&P 500 index(SPX.US) decreased by 0.67%, the NASDAQ(IXIC.US) fell by 0.84%, and the Dow Jones Industrial Average(DJI.US) decreased by 0.65%.

US Vice President Says U.S.-Iran Talks Made "Significant Progress"; Trump Says War Will End Soon

Vance said the U.S. team had lengthy contacts with Iran to restore direct communication and lay the groundwork for formal negotiations. Although they weren't too confident initially, they have now made an important step towards an agreement.

President Trump said the war with Iran will end quickly, Iran will not have nuclear weapons, and he hopes for a positive resolution. After the news, WTI and Brent crude oil prices dipped slightly, while U.S. stock index futures rose.

Inflation Fears and Rate Hike Expectations Push 30-Year US Treasury Yield to 2007 High

On Tuesday, US Treasury yields surged, with the 30-year yield hitting 5.19%, its highest since before the financial crisis. Heavy selling was fueled by concerns over persistent inflation and unresolved shipping disruptions in the Strait of Hormuz. Markets are increasingly expecting more rate hikes by central banks.

Traders see a higher chance of a Fed rate increase before July 2027, and Goldman Sachs warns that market focus is shifting from AI to interest rates. Rising mortgage rates are also adding pressure on the US housing market.

Saudi CMA Proposes Easing Capital Rules for Securities Activities

Saudi Arabia’s Capital Market Authority has proposed major regulatory reforms, including reducing the minimum capital requirement for securities firms by 60% to SAR20 million and introducing risk-based, differentiated requirements for various activities. The draft measures aim to ease licensing, support fintech innovations like crowdfunding, and strengthen technology and compliance oversight as part of efforts to create a more dynamic, accessible, and internationally competitive capital market under Vision 2030.

KSA Stocks

SOLUTIONS Approves SAR 952.6 Million Cash Dividend for 2025

Arabian Internet and Communications Services Co.(7202.SA) announced shareholder approval for a SAR 952.6 million cash dividend for fiscal year 2025, equating to SAR 8 per share and payable on June 11, 2026. The Ordinary General Assembly also confirmed Mr. Tariq Saud Alhuzaimi as a new non-executive board member and approved SAR 3.9 million in board remuneration.

Etihad GO Telecom Reports 18% Net Profit Growth to SAR 259 Million for 2026

Etihad GO Telecom Co.(7040.SA) posted a net profit of SAR 259 million for the year ended March 31, 2026, up 17.7% from the previous year, on revenues of SAR 1.92 billion (+31.2% YoY). Strong Wholesale and B2B segment performance, along with full-year consolidation of subsidiary Ejad Tech, drove the growth. EBITDA rose 19% to SAR 342 million. The company’s operational expansion and improved sales quality offset higher costs, while auditors issued an unmodified opinion on the financial statements.

USA Stocks

Goldman Preview: Nvidia Expected to Beat, Market Focus on Growth Beyond $1 Trillion

Goldman expects NVIDIA Corporation(NVDA.US) to deliver strong results and raise guidance, also lifting its two-year EPS forecasts by about 12%. However, the market is now watching whether Nvidia will further raise its $1 trillion data center revenue target, the potential for Agentic AI to drive new CPU growth, and demand from non-traditional customers. According to Goldman, improved cloud provider profits, broader AI adoption, and new customer growth could be key catalysts for a revaluation of Nvidia’s stock.

Google I/O Goes All in on AI: New Gemini Models, AI Glasses Return, Spark Agents Debut

Gemini Omni is Alphabet Inc. Class A(GOOGL.US)’s most advanced multimodal AI. Gemini 3.5 Flash features speed and low cost, set as the default for Gemini Apps and search AI, while Gemini 3.5 Pro launches in June. Google says search is entering the agent era, with Gemini 3.5 powering large-scale tasks and making the search bar an AI gateway. Google’s AI glasses, developed with Samsung, will launch this fall. Google also introduced a $100/month developer subscription and lowered AI Ultra’s monthly price from $250 to $200.