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Seera turns to losses in H1

Seera turns to losses in H1
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Seera Group's CEO resigns, Al Nefaie assumes position


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8 things to watch on Tadawul today


Here are a few things you need to know as Saudi stocks start trading on Monday.
United Electronics Co. (eXtra) reported an estimated net profit after Zakat and tax of SAR 280.3 million for fiscal year 2020, up 36% year-on-year (YoY).
Swicorp, the fund manager of Swicorp Wabel REIT Fund, announced that the availability period for the debt facility, amounting to SAR 1.4 billion, signed with National Commercial Bank (NCB) on June 26, 2019, has elapsed.
Saudi Automotive Services Co. (SASCO) signed a Shariah-complaint bank facility agreement, worth SAR 630 million, with Al Rajhi Bank.
Saudi Arabian Amiantit Co. fully settled its loans with Samba Financial Group, Bank Aljazira, Gulf International Bank, Al Baraka Islamic Bank (Bahrain), and Arab Banking Corporation (Bahrain). ....

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10 things to watch on Tadawul today


1) Seera Group Holding announced the completion of three hotels, which are set to open in 2021.
2) Almarai Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 100 million.
3) Dallah Healthcare Co.’s board of directors recommended a 5% cash dividend, at SAR 0.5 per share, for the first half of FY2020.
4) Sahara International Petrochemical Co. (Sipchem) signed a 20-year strategic partnership agreement with Linde GMBH to set up a 50:50-owned joint venture (JV) to develop industrial gas projects across the Kingdom.
5) Sipchem’s board of directors recommended a 5% cash dividend at SAR 0.50 a share, totaling SAR 366.7 million, for FY2020. ....

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