Sunday 13 July 2014
Bonus shares

Tasweek distributes 60pc of profit as bonus shares

Abu Dhabi–based Tasweek Real Estate Development and Marketing, an advisor and solutions provider serving the real estate markets, has distributed 60 per cent of its 2013 profits to shareholders as bonus shares. This follows


ADIB to pay out half of profit as dividend

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013. The bank will also issue


SABB to raise capital by 33pc via bonus shares

The Saudi British Bank (SABB) will increase its capital by 33 per cent from SR7.5 billion ($1.99 billion) to SR10 billion by issuing of bonus shares to its shareholders at the rate of one bonus share for each 3 shares. The capital inc


Jazeera Airways net profit soars 94pc

Jazeera Airways has registered the third consecutive profit-making year with its net profit for 2008 soaring 94 per cent to hit KD4.5 million ($15.4 million) when compared to KD2.3 million ($7.8 million) the previous year. The airline


Qatar General Insurance mulls 30pc dividends

The Board of Directors (BOD) at Qatar General Insurance & Reinsurance announces the results of board meeting which was held last week. The BOD has decided to submit a proposal to the General Assembly to approve a distribution of 30 per


ADNH to increase capital

The Abu Dhabi National Hotels (ADNH), a leading hotel, tourism, transport and catering company in the UAE, plans to increase the company's capital from Dh720 million ($196 million) to Dh1 billion ($272 million) by issuing bonus shares.

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