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Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Saudi Arabia Public Transport Co. (SAPTCO) will launch operations of Riyadh public transport network in the second quarter of 2021.
2) Saudi Arabian Amiantit Co. received letters from the General Authority of Zakat and Tax (GAZT) requiring it to amend Zakat declarations submitted from 2015 to 2018.
3) Hail Cement Co. paid the entire loan amount of SR152 million ($40.53 million) to Saudi Industrial Development Fund (SIDF).
4) The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) applied for the approval of the Capital Market Authority (CMA) on the capital decrease.
A year after pandemic cleared out offices, WeWork is back
WeWork leases buildings and divides them into office spaces to sublet to members, which include small businesses, start-ups and freelancers who want to avoid laying out funds for permanent office space
Updated 27 March 2021
March 27, 2021 02:24
LONDON: After a year in which a global pandemic turned offices across the world into ghost towns WeWork, the embattled communal office-space company, is making a second attempt at going public.
The announcement Friday comes almost two years after WeWork’s first attempt at becoming a publicly traded company blew up in spectacular fashion, its founder and CEO ousted abruptly.