8 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Monday.

1) Al Kathiri Holding Co.'s shareholders will discuss, on Oct. 5, 2020, the board's recommendation on a capital increase to support expansion.

2) Saudi Marketing Co. (Farm Superstores) renewed an SAR 150 million Shariah-compliant facility agreement with Alinma Bank.

3) Saudi Advanced Industries Co. (SAIC) will pay 2.5% cash dividend (SAR 0.25 per share) to shareholders for the first half of 2020 on Sept. 15, 2020, instead of Sept. 16, through Al Rajhi Bank.

4) Buruj Cooperative Insurance Co.'s board of directors appointed Abdul Rahman Al Sultan as an audit committee member for the current three-year term ending March 8, 2022.

5) Zahrat Al Waha for Trading Co. renewed a SAR 63.5 million credit facility with Alinma Bank in line with the Sharia regulations.

6) Derayah REIT Fund’s board of directors approved to register the fund with the General Authority for Zakat and Income (GAZT) for Zakat purpose.

7) Leejam Sports Co. (Fitness Time) opened a new ladies fitness center in Dubai.

8) Brent crude on Monday declined 47 cents to reach $42.19 per barrel. WTI Crude also decreased 51 cents to reach $39.26/bbl.