5 things to watch on Tadawul today

15/01/2019 Argaam

 

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

 

1) Saudi Marketing Co. (Farm Superstores) has renewed its SAR 200 million Shariaa compliant facility agreement with Al Rajhi Bank. 

 

2) Saudi Fisheries Co.’s (Alasmak) accumulated losses have declined to SAR 7.94 million, or 7.85 percent of capital as of Dec. 26, 2018, mainly due to its capital cut.

 

3) Saudi Arabia-based Alawwal Bank has partnered with global tech firm Reaktor to train its entire workforce on the basics of artificial intelligence (AI).

 

4) Sahara Petrochemical Co. (Sahara) said it will pay cash dividend for the second half of 2018 on Jan. 31, 2019.

 

5) Etihad Atheeb Telecommunication Co.’s (GO) lawsuit against the Communications and Information Technology Commission (CITC) has been postponed until Feb. 4, 2019.

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