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All you need to know before trading on Tadawul today - Vimarsana News

All you need to know before trading on Tadawul today

RIYADH: Saudi Arabia’s stock exchange fell for a second consecutive day on Monday as cautious trading took over, and investors braced for more earnings announcements. The main index TASI closed 0.6 percent lower at 12,068 points, partially shrugging off gains from the past two weeks. The parallel Nomu market slipped 0.5 percent to 25,573 points. This was in line with other GCC

Saudi Arabia's BinDawood says subsidiary faces $33 mln coffee maker claim - Vimarsana News

Saudi Arabia's BinDawood says subsidiary faces $33 mln coffee maker claim

Saudi Arabia's BinDawood says subsidiary faces $33 mln coffee maker claim SECTIONS Last Updated: Feb 18, 2021, 04:07 PM IST Share Synopsis Through a lawsuit filed with the Commercial Court in Jeddah, Arab Dalla Company is seeking more than 124 million riyals ($33.1 million) for patent infringement, as well as legal fees of 300,000 riyals from the subsidiary, Danube Co. for Foodstuffs and Commodities, BinDawood said in a bourse filing. Agencies BinDawood, which owns the Danube and BinDawood supermarket brands, manages more than 70 hypermarkets and supermarkets in major Saudi cities including M...