Reem Investments, a leading investment company in Abu Dhabi, has posted a net profit of Dh211 million ($57.4 million) for the financial year 2015.
It was announced at the recently concluded annual general meeti
Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti
The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold and Commodities Exchange (DGCX), said that clearing members will now be able to deposit cash collateral to the corporation in the form of eur
Bahrain Commercial Facilities Company (BCFC) shareholders have approved a cash dividend of 45 per cent (45 fils) of the paid up capital of BD7.2 million ($19.09 million), unchanged from 2014, said a report in the Gulf Daily News (GDN),
Securities and Investment Company (Sico), a conventional wholesale bank in Bahrain, has approved the distribution of a cash dividend of BD2.1 million ($5.6 million) for last year.
It represents five per cent of
Bahrain Kuwait Insurance Company’s (BKIC) shareholders will receive a cash dividend of 30 per cent (BD2.1 million/$5.6 million) of the paid-up capital, it has emerged reported the Gulf Daily News (GDN), our sister publication.
Shareholders of Al Baraka Banking Group (ABG) have approved the distribution of $22.1 million as cash dividend, amounting to two cents for each share equal to two per cent of the par value of the share, and to transfer of $124.3 million to the
Air Arabia shareholders approved the distribution of a nine per cent cash dividend for the 2015 financial year at the company’s annual general meeting (AGM), which was held in Sharjah, UAE.
The dividend, which is equivalent
National Finance House (NFH), a Bahraini incorporated finance provider, is set to distribute a cash dividend of seven per cent of the paid-up share capital, amounting to BD525,000 ($1.3 million), said a report in the Gulf Daily News (GDN)
Iraq plans to help raise funds to build the Faw container port terminal on the Gulf by selling shares in the company behind the project, as low oil prices squeeze the government's finances, officials said on Saturday.