By: Thabet Shehata

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) saw in the first week of May changes in equity ownerships for major shareholders in seven listed companies; Saudi Transport and Investment (Mubarrad), Saudi Pharmaceutical Industries and Medical Appliances Corp (Spimaco), Al Jouf Agricultural Development, Fitaihi Holding Group, Makkah Construction and Development, Knowledge Economic City and Saudi Airlines Catering Company.

According to statistics by Mubasher, the biggest changes was in Mubarrad as Family Investment Office Company increased its stake by 0.64% to 8.76% from 8.12% in the last week of April.

Meanwhile, Mohamed Saleh Hamza Serafi raised his stake in Makkah Construction and Development by 0.01% to 18.03% from 18.02%.

Amin Shaker increased his share in Knowledge Economic City to 5.75% from 5%, and Strategic Supply Company Ltd lowered its stake in Saudi Airlines Catering by 0.61% to 23.75% from 24.36%.

Translated by: Elwy el-Manzalawy