Here are a few things you need to know as Saudi stocks start trading on Thursday.
1) Al Masha'ar REIT Fund will pay a 2.6 percent cash dividend for the second half of 2018, at SAR 0.26 per unit, amounting to SAR 14.88 million.
2) Tabuk Cement Co. has signed a memorandum of understanding (MoU) with International Tataloat Co. Ltd. to export 600,000 ton of clinker and 150,000 tons of cement to Yemen.
3) National Industrialization Co. (Tasnee) on Wednesday has signed a SAR 2 billion Murabaha loan agreement with Banque Saudi Fransi.
4) Aljazira Mawten REIT is not planning to invest in real estate development projects, fund manager Aljazira Capital said in a bourse statement on Wednesday.
5) Dur Hospitality Co.’s board of directors appointed Fahad Bin Abdullah Al-Qassim as the vice chairman and an independent board director effective Jan. 1, 2019.
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