Here are a few things you need to know as Saudi stocks start trading on Sunday.

 

1) United Electronics Company (eXtra) has opened a showroom in Jeddah with a total investment of SAR 11 million.

 

2) Saudi Arabia’s Securities Depository Center Company (Edaa) signed a Memorandum of Understanding (MoU) with Abu Dhabi Securities Exchange (ADX) to boost bilateral cooperation in the dual listing of securities in both financial markets.

 

3) Saudi Arabia’s holdings of US Treasury bonds declined by $1.4 billion month-on-month in November to $169.9 billion.

 

4) Saudi Public Transport Co. (SAPTCO) signed a memorandum of understanding (MoU) with Garuda Indonesia airline to cooperate on Hajj and Umrah services.

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