On 26 February 2017, The Saudi Parallel Market (Nomu) was launched as a parallel equity market with lighter listing requirements to provide companies an alternative platform for the public listing. The Tadawul AllShare Index (TASI) reached its highest point at 20, on 25 February 2006.
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and nonoperating) except interest expenses and income tax expenses.. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have nonoperating income and nonoperating expenses.
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