Saudi Arabia Shares Advance, Led by Almarai, Savola Al Azizia

Saudi Arabian shares gained, led by the kingdom’s two biggest food companies, Almarai Co. and Savola Al Azizia United Co.

Almarai rose for the fourth day after reporting record quarterly profit today. Savola, the second-largest food producer in the kingdom, gained after getting regulatory approval to buy supermarket assets in the kingdom. Etihad Etisalat Co. climbed to highest level this year.

The Tadawul All-Share Index rose 0.9 percent to 6370.74 in Riyadh. The Arab world’s biggest bourse has advanced 33 percent this year after losing more than half its value in 2008 as oil prices dropped.