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Saudi Arabia approves international central securities depositories instructions

US job growth far below expectations
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, says Labor Department
Updated 34 min 25 sec ago
Reuters
May 08, 2021 02:47
WASHINGTON: US employers hired far fewer workers than expected in April, likely frustrated by labor shortages, leaving them scrambling to met booming demand as the economy reopens amid rapidly improving public health and massive financial help from the government.
Nonfarm payrolls increased by only 266,000 jobs last month after rising by 770,000 in March, the Labor Department said in its closely watched employment report on Friday.
Economists polled by Reuters had forecast payrolls advancing by 978,000 jobs. ....

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Sabic to distribute $1.2bn in dividends for H2 2020

Sabic to distribute $1.2bn in dividends for H2 2020
RIYADH, 7 hours, 1 minutes
ago
Sabic’s recent Ordinary Annual General Meeting in Riyadh, Saudi Arabia has approved SR4.5 billion ($1.2 billion) cash dividends for the second half of 2020 at SR1.5 per share, representing 15% of the nominal share value.
The Board of Directors had previously approved similar SR4.5 billion cash dividends for the first half of 2020 at SR 1.5 per share, representing 15% of the nominal share value.
Eligibility for the second half dividends of the year will be for the shareholders owning shares on the due date – that is, the date of the Ordinary General Meeting – and those shareholders registered in the company’s share registry at the Depository Center at the end of the second trading day following the due date. The dividends will be distributed on May 3, 2021. The total dividend for 2020 is SR9 billion at SR 3 per share, representing 30% of the nominal value per share. ....

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Sabic to distribute $1.2bn in dividends for H2 2020

Sabic to distribute $1.2bn in dividends for H2 2020
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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Saudi National Bank's board proposes dividends for 2020

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Saudi Arabia , Ar Riya , Saudi National Bank , National Commercial Bank , Syndigate Media Inc , Samba Financial Group , Depository Center , Syndigate Media , சவுதி அரேபியா , ஆர் ரியா , சவுதி தேசிய வங்கி , தேசிய வணிகரீதியானது வங்கி , சம்பா நிதி குழு , வைப்புத்தொகை மையம் ,

Time for a stock market overhaul

Time for a stock market overhaul
09:54 | 16/03/2021
The overload technical issues of the Ho Chi Minh City Stock Exchange have been a subject of controversy over the past few weeks, with the blame being attributed to poor management and incompetence of an age-old technology. But what will be the way out?
Vietnamâs stock exchange operations have barely been modernised over past decades. Photo: Le Toan
A flood of individual investors has led to outages and trading overload issues for the Ho Chi Minh City Stock Exchange (HSX), with service disruptions coming during a period of frenetic trading.
Appetite for a better trading infrastructure has been seriously hampered by repeated problems which have not been addressed over the years. These outages generate inevitable criticism among traders and call into question the stability of the functionâs capacity. ....

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