Here are a few things you need to know as Saudi stocks start trading on Monday.
United Electronics Co. (eXtra) reported an estimated net profit after Zakat and tax of SAR 280.3 million for fiscal year 2020, up 36% year-on-year (YoY).
Swicorp, the fund manager of Swicorp Wabel REIT Fund, announced that the availability period for the debt facility, amounting to SAR 1.4 billion, signed with National Commercial Bank (NCB) on June 26, 2019, has elapsed.
Saudi Automotive Services Co. (SASCO) signed a Shariah-complaint bank facility agreement, worth SAR 630 million, with Al Rajhi Bank.
Saudi Arabian Amiantit Co. fully settled its loans with Samba Financial Group, Bank Aljazira, Gulf International Bank, Al Baraka Islamic Bank (Bahrain), and Arab Banking Corporation (Bahrain).
Princess Noura’s fashion journey began in Japan where she studied international business
Updated 31 March 2021
March 31, 2021 19:21
JEDDAH: The fledgling Saudi fashion industry was working hard to meet its Vision 2030 goals despite facing many challenges, a retailers’ summit was told on Wednesday.
Addressing a session of the Retail Leaders Circle MENA, Princess Noura bint Faisal Al-Saud, adviser to the Ministry of Culture and founder of the Saudi Fashion Community, said the sector was busy nurturing local talent.
“The whole community needs to be agile because it is ever-changing. With the Fashion Commission, we made sure that when we did our strategy, it would adapt to the needs, as well as knowing what the global trends were,” she added.