8 things to watch on Tadawul today

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

1) Maharah Human Resources Co.'s net profit after Zakat and tax declined 35% to SAR 177.3 million in 2020.

2) National Agricultural Development Co. (NADEC) signed a non-binding memorandum of understanding (MoU) with Dava Agricultural Co. (DAVA) and the sole shareholder in DAVA, Battal Saeed Battal Al Dosary, to enter into discussions regarding proposed acquisition, or certain assets that have an area up to 70 hectares.

3) National Building and Marketing Co. (NBM) signed an agreement with Ajeej Steel Manufacturing Co. to acquire the full shares of the company's capital, in a deal worth SAR 80 million.

4) Saudi Industrial Export Co.'s (SIECO) board of directors gave the go-ahead for closing the company's branch in Jordan.

5) Jarir Marketing Co. opened a new showroom on King Abdullah Road in Alnaseem District in Al Hofuf, on March 7, 2021.

6) Aljazira Takaful Taawuni Co. received an updated insurance license, which includes general insurance and medical insurance.

7) Yanbu National Petrochemical Co.'s (Yansab) shareholders will vote on a board recommendation to distribute a 12.5% cash dividend, or SAR 1.25 per share, for the second half of 2020.

8) Brent crude on Tuesday gained 50 cents to reach $68.74 per barrel. WTI crude also increased 42 cents to reach $65.47/bbl.