Business or contract to which the company is a party of and in which a director of the company is or was interested | Nature of the contract or business | Conditions of the contract or business | Duration | Amount |
The Board member Mr. Sabti S. AlSabti | Tadawul investments in (Riyad SAR Trade Fund) | A an open-ended mutual fund available for the public. | Effective 18 December 2016G up to date. |
Closing balance amounting to 105,962,714 Saudi riyals as of 31 December 2021 resulting from investment between the Company and Riyad Capital in (Riyad SAR Trade Fund) amounting to 374,618,668 Saudi riyals |
In addition, the Company entered into transactions with entities having common directors within the normal course of its business activities as disclosed in note 31 to the Company’s audited financial statements for the year ended 31 December 2021.