6 things to watch on Tadawul today

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

1) Saudi Ground Services Co. (SGS) signed two credit facility agreements worth SAR 1.5 billion with Bank Albilad and National Commercial Bank (NCB).

2) Shareholders of Mobile Telecommunication Company Saudi Arabia (Zain KSA) will vote, on Oct. 8, on a 23% capital cut to SAR 4.487 billion from SAR 5.837 billion.

3) Jarir Marketing Co. opened a new showroom in Riyadh.

4) Ayyan Investment Co. said the court of appeal upheld an earlier ruling on dismissing a lawsuit against the company to pay SAR 24.5 million fees for studying its aluminum foil project.

5) Arab Sea Information Systems Co.’s board of directors appointed Muhammad Bin Saleh Al Suhibani as a Chairman of the board, and Abdulaziz Al Kalifa as a Vice Chairman of the board.

6) Brent crude on Friday declined 15 cents to reach $43.15 per barrel whereas WTI Crude increased 14 cents to reach $41.11/bbl.