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Gulf Capital to raise $360m partly for dividendAbu Dhabi private equity firm Gulf Capital is close to signing a 1.32 billion dirhams ($359.38 million) Islamic loan for its company Gulf Marine Services (GMS), some of which will be paid out to investors as dividends. Gulf Marine More… |
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Sabic approves $3.9bn cash dividendsGlobal petrocemical giant Saudi Basic Industries Corporation (Sabic) said it will distribute dividends worth SR15 billion ($3.9 billion) to shareholders at SR5 per share for the group's operations in 2012. The announcement was More… |
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Al Baraka to pay $69.3m dividendsAl Baraka Banking Group, a leading Islamic lender based in Bahrain, has announced plans to distribute dividends worth $69.3 million including cash and stock to the shareholders for 2012. The stock dividends amounting to $33.8 mill More… |
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NBAD fund to distribute 4.47pc dividendThe National Bank of Abu Dhabi’s (NBAD) said its cautious income fund will distribute 4.47 per cent annualised dividends to the shareholders fllowing the fund's impressive performance. The Cautious Income Fund, lau More… |
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Emaar approves $166m cash dividendsDubai-based developer Emaar Properties declared a 10 per cent cash dividend, equivalent to about Dh609 million ($166 million), for its shareholders at the company's annual general meeting (AGM) held in Dubai. More… |
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Emaar AGM to discuss 10pc dividendDubai-based developer Emaar Properties will discuss the proposal of a 10 per cent dividend for 2012 at its upcoming annual general meeting (AGM) in Dubai. The 15th AGM will be held on April 9 at The Address Dubai Mall hotel in Dow More… |
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Investcorp backs US firm with $610m refinancingBahrain-based private equity firm Investcorp yesterday announced the completion of a dividend recapitalisation of Chicago-based Berlin Packaging, in which it retains a majority stake acquired in 2007. Proceeds from the new $610 mi More… |
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Bahrain National eyes stake in top insurance firmBahrain National Holding (BNH), the parent company of Bahrain National Insurance and Bahrain National Life Assurance, is looking to acquire stake in a major regional insurance firm, the company's chairman said. "The firm, More… |
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Nawras to distribute 38pc cash dividendsNawras, an Ooredoo company and a leading telecom service provider in Oman, has announced plans to distribute cash dividends equivalent to 38 per cent of the nominal value of the share (38 Baisas per share) to the investors. Addres More… |
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Gulf Hotels to pay 35pc dividend for 2012Bahrain-based Gulf Hotels Group's shareholders yesterday approved a dividend payout of 35 per cent or 35 fils per share, totalling BD5.78 million ($15.25 million), for last year. The annual general meeting held at the Gulf Hot More… |
