Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Saudi Investment Bank's (SAIB) shareholders will vote on acquiring Japanese Mizuho Corporate Bank Limited's full stake in the bank in the extraordinary general assembly meeting to be held on Mar. 28.
2) The Mediterranean and Gulf Insurance and Reinsurance Co. (MedGulf) has signed an agreement with the Saudi Press Agency (SPA) to provide cooperative medical insurance services to the news agency’s employees and their families.
3) Saudi Arabia's General Authority of Zakat & Tax (The Authority) has said it has no plans to raise zakat or tax fees on the private sector, as it continues to play its role in supporting economic development and following through with Saudi Vision 2030.
4) Riyad REIT has inked a Sharia-compliant financing facility agreement with Riyad Bank at a total value of SAR 600 million.
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