Page 2 - Ataa Educational News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here are a few things you need to know as Saudi stocks start trading on Wednesday. 1) Advanced Petrochemical Co.’s (Advanced) board of directors recommended a 6.5 percent cash dividend for the fourth quarter of 2020, at SR0.65 ($0.17) per share, amounting to SAR 140.7 million. 2) Al Yamamah Steel Industries Co. posted a net profit after Zakat and tax of SR50.7 million for the fiscal year ending on Sept. 30, 2020. 3) Samba Financial Group’s board of directors approved the resignation of Rania Mahmoud Nashar from the position of Group CEO, effective Jan. 31, 2021. 4) Saudi Industrial Invest...

1) Riyad REIT Fund signed a SR540 million ($144 million) Shariah-compliant facility agreement with Riyad Bank. 2) Ataa Educational Co. reported a net profit after Zakat and tax of SR4.9 million for Q1 2020/21 ending Oct. 31, 2020. 3) Danube Company for Foodstuffs and Commodities (Danube), a 99 percent-owned subsidiary of BinDawood Holding Co., signed a lease agreement with a real estate development firm in Bahrain to open a Danube hypermarket. 4) Abdullah Al Othaim Markets Co. opened a new store in Riyadh, bringing the total number of branches across Saudi Arabia to 250. 5) Al Gassim Investme...