The Tadawul All Share Index, TASI, was down by 0.4 percent to 11,368.18 points in early trading today.
Here’s a wrap of market movements as of 10:30 a.m. Riyadh time:
Dr. Sulaiman Al Habib Medical Services Group signed a lease contract for a land investment in Madinah, for a period of 50 years, amounting to SR30 billion ($8m) on Nov. 24.
Etihad Etisalat Co.’s ( Mobily) board of directors recommended an 8.5 percent cash dividend for 2021, at SR0.85 per share, amounting to SR654.5 million, in a meeting on Nov. 24,.
The Saudi Central Bank approved the merger between Amana Cooperative Insurance Co. and Saudi Enaya Cooperative Insurance Co.
Saudi Airlines Catering Co. signed a contract worth nearly SR51 million with Saudi Ground Services Co. (SGS), it also announced the start of operations at the Alfursan international lounge at Jeddah’s King Abdulaziz International Airport, on Nov. 24.
Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) opened a new showroom for the trademark "Minigood" in Riyadh.
Saudi Cement Co. shareholders elected board members for the upcoming three-year term, starting Jan. 1, 2022, and ending on Dec. 31, 2024
AlKhorayef Water and Power Technologies Co. signs a contract for the operation and maintenance of a water purification plant in Hail, at a value of SR43.1 million.