Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Arabian Centres Co. has invited its shareholders to attend the annual general meeting (AGM), taking place on Sept. 30 at Aloft hotel, Riyadh.
2) Abdullah Al Othaim Markets Company opened on Thursday a new branch in Riyadh, bringing the total number of branches in Saudi Arabia to 228.
3) Etihad Atheeb Telecommunication Co.’s (GO) lawsuit against the Communications and Information Technology Commission (CITC) has been postponed until Sept. 30, 2019.
4) Middle East Paper Company (MEPCO) on Monday renewed and amended a Shariah-compliant bank facility agreement with Samba Financial Group.
5) Dallah Healthcare Co. has signed a long-term strategic partnership contract worth SAR 112 million with Siemens Healthcare Ltd.
6) The Securities Depository Center Co. (Edaa) has implemented the securities quantity decrease for Al Sorayai Trading and Industrial Group into the accounts of the eligible shareholders on Monday.
7) Saudi Indian Company for Cooperative Insurance (Wafa Insurance) has been granted additional 150 days for submitting its amended financial restructuring plan to the competent court.
8) Brent crude on Tuesday fell 1 cent to reach $58.65 per barrel whereas WTI Crude also decreased 22 cents to reach $54.88/bbl.
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