5 things to watch on Tadawul today

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

1) The Saudi Real Estate Co. (Al Akaria) received the Ministry of Commerce and Investment’s approval on raising the capital of its subsidiary, Al Wedyan Real Estate Co., to SAR 2.85 billion from SAR 1 billion.

2) Chubb Arabia Cooperative Insurance Co. has received a no objection letter from the Saudi Arabian Monetary Authority (SAMA) for appointing Nabil Jokhdar as board chairman, Abdulaziz AlKhereji as managing director and Stephen Dixon as vice chairman.

3) Al Alamiya Cooperative Insurance Co. has inked an agreement with Alothman Holding to provide health insurance services to the company's staff and their dependents.

4) Bupa Arabia for Cooperative Insurance Co. is expected to capture the market and expand its top line, with its strong presence in the Kingdom, Falcom Financial Services said in a note.

5) Saudi banks’ investments in treasury bonds increased by SAR 4.5 billion month-on-month to approximately SAR 301.1 billion in October, new data issued by SAMA showed.