Saudi Arabia's Tadawul All Share Index rose on Monday, gaining 83.31 points, or 0.71 percent, to close at 11,778.08. The best-performing stock of the day was Umm Al Qura for Development and Construction Co., whose share price surged 30 percent to SR19.50. Jarir Marketing Co. reported a net profit of SR974 million in 2024, reflecting a 0.1 percent rise compared to 2023. Arabian Centers Co. approved the launch of sukuk with a local special offering of up to SR3.75 billion. The Capital Market Authority approved the registration and offering of shares of Wajd Life Trading Co., Afaq Al Arabiya for Transportation & Storage Co., and Rawabi Marketing International Co.