5 things to watch on Tadawul today

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

1) Almarai Co.’s board of directors has recommended an 8.5 percent cash dividend for the fiscal year 2018, at SAR 0.85 per share, amounting to SAR 850 million.

2) Leejam Sports Co.’s (Fitness Time) board of directors has named Abdul Rahman Al Barak as board chairman and Ali Al Sagri as deputy chairman for the new three-year term starting on Dec. 10, 2018.

3) Al Samaani Factory for Metal Industries Co.’s board of directors has recommended a 15 percent cash dividend for the fiscal year 2018, at SAR 1.5 per share, amounting to SAR 2.25 million.

4) National Commercial Bank (NCB) has appointed Bupa Arabia Cooperative Insurance Co. to provide health insurance services to the bank’s employees and their families for one year.

5) Etihad Atheeb Telecommunication Co.’s (GO) lawsuit against the Communications and Information Technology Commission (CITC) has been postponed til Jan. 14, 2019.