RIYADH: The Saudi main index TASI closed higher for a second straight day on Monday, up 0.7 percent to 13,483 points, while Nomu dropped 0.8 percent to 24,047. Most GCC stock exchanges ended higher tallying with Saudi Arabian markets. Dubai’s bourse led with gains amounting to 1.3 percent as investor sentiment was boosted ahead of the record listing of Dubai Electricity and Water Authority. Stock exchanges in Abu Dhabi, Qatar also advanced, while the Omani and Kuwaiti indexes closed almost flat. Elsewhere in the Middle East, the Egyptian index EGX30 extended losses by 1.6 percent, following a rise in inflation. In energy trading, Brent crude oil reached $100.73 a barrel on Tuesday while US benchmark WTI traded at $96.56 as of 9:03 a.m. Saudi time. Stock news National Agricultural Development Co. received a letter from a shareholder that owns more than 5 percent of the company"s capital regarding the completion of a deal to purchase an additional 12.46-percent stake Bank Albilad got approval on the board of directors" recommendation to increase capital to SR2.5 billion ($670 million) through the issuance of bonus shares A consortium of Saudi Ground Services Co. and Saudi Services and Operations Co.Ltd was awarded a SR342-million contract to operate and maintain the passenger bridges at King Abdulaziz International Airport for a period of five years Almunajem Food Co. saw its profits jump by 232 percent to SR97.9 million during the first quarter of 2022 from the same period a year ago Middle East Healthcare Co. announced that its Saudi German Hospital in Riyadh started operating on April 10 after receiving the health ministry’s final license