8 things to watch on Tadawul today

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

1) Fitch Ratings has affirmed Saudi Arabia's credit rating at "A+" with a stable outlook.

2) Saudi Arabia's economy is expected to grow by 2.4 percent in 2018 and 2.1 percent in 2019, Riyad Capital said in its latest report.

3) Saudi Arabian Mining Co.'s (Maaden) subsidiary Maaden Waad Al Shamal Phosphate Co. has signed agreements with the Saudi Industrial Development Fund to complete its projects.

4) Alkhabeer REIT's IPO will close on Thursday, Nov. 29, Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital, said.

5) Special Purpose Entities allow listed companies to secure finance through debt, officials at the market regulator told Argaam.

6) Abdullah A. M. Al-Khodari Sons Co. narrowed net losses after zakat and tax by 35.2 percent year-on-year (YoY) to SAR 24.1 million in the first nine months of 2018.

7) Bupa Arabia for Cooperative Insurance Co.’s shareholders have approved a 50 percent capital hike to SAR 1.2 billion from SAR 800 million through bonus shares, during the general assembly meeting held on Thursday.

8) Al-Babtain Power & Telecommunication Co. has inked a SAR 135.4 million contract with the National Energy Services Company (Tarshid) to supply and install LED light bulbs, the company said in a bourse statement.