Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Zahrat Al Waha for Trading Co.’s shareholders approved on Nov. 21 a 7.5% cash dividend for H1 2019, at SAR 0.75 per share, amounting to SAR 11.25 million.
2) Saudi Industrial Services Co (SISCO) and Saudi Arabian Amiantit Co. signed a contract with Saudi Water Partnership Co. (SWPC) to build an independent wastewater treatment plant in Taif.
3) Saudi Real Estate Co. (Al Akaria) announced the resignation of its CEO Kelvin Kwok and the appointment of Khalid Bin Sulaiman Al-Jasser as new CEO, effective from December 8, 2019.
4) Bupa Arabia for Cooperative Insurance announced the completion of the purchase of its shares for the Employees' Incentive Scheme for the current year.
5) Abdullah A. M. Al-Khodari Sons Co. announced on Tadawul that it expects to publish its financial results within the disclosed timeframe before February 2020.
6) Brent crude on Monday gained 16 cents to reach $63.55 per barrel whereas WTI Crude also increased 10 cents to reach $57.87/bbl.
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