8 things to watch on Tadawul today

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

1) The Saudi Stock Exchange (Tadawul) approved National Agricultural Marketing Co.’s (Thimar) request to permit the trading of its shares over the counter.

2) Maharah Human Resources Co.’s board of directors recommended a 22.5% cash dividend for the first half of 2020, at 22.5% or SAR 2.25 per share, amounting to SAR 84.38 million.

3) Saudi White Cement Co.  started trading on Nomu Parallel Market on Wednesday, Sept. 2, 2020, under the symbol 9512 with a daily fluctuation limit of 20%.

4) National Co. for Learning & Education (NCLE) opened TNS - Qairawan campus, starting from the current academic year 2020/2021.

5) Saudi Arabia’s General Authority for Competition (GAC) approved the merger between Aljazira Takaful Taawuni Company and Solidarity Saudi Takaful Co.

6) Al-Omran Industrial Trading Co.’s board of directors accepted the resignation of Mohammed Abdullah Al-Hoshan from the audit committee membership.

7) Saudi Steel Pipe Co.'s board of directors accepted the resignation of independent board and audit committee member Nader Mohammed Ashoor, with immediate effect.

8) Brent crude on Thursday gained 3 cents to reach $44.46 per barrel. WTI Crude also increased 8 cents to reach $41.59/bbl.