Seef Properties, a leading real estate development company in Bahrain, has approved the distribution of a cash dividend of 14 per cent equivalent to BD6.44 million ($16.9 million) at BD 0.014 per share to shareholders for 2016.
Aluminium Bahrain (Alba) has approved a total dividend of BD15.5 million ($41.3 million) for the fiscal year 2015, at its annual general meeting (AGM) held today (March 16).
The total dividend is equivalent to 11 per cent of the n
United Development Company, the master developer of The Pearl Qatar, a man-made island in Doha, has approved cash dividends worth QR531.2 million ($146 million) to its shareholders for 2015.
The announcement to give dividends equi
Saudi Arabia's Almarai said on Monday its board had recommended a cash dividend of 1.15 riyals ($0.31) per share.
Almarai, the Gulf's largest dairy firm, paid a dividend of 1 riyal for 2014, according to Thomson Reuters da
Sharjah-based budget carrier Air Arabia has announced plans to distribute 7.25 per cent cash dividends for 2013, equivalent to 7.25 fils per share.
The announcement was made following the conclusion of the airline's annual gen
Ooredoo (formerly known as Qtel Group), a leading telecom company with a presence across the Mena region, has announced plans to distribute a cash dividend of 50 per cent of the nominal share value (QR 5 per share) to its shareholders.
Dubai Islamic Bank (DIB), one of the largest Islamic banks in the UAE, said its board has approved the distribution of 12.5 per cent cash dividends for 2011 to its shareholders.
The DIB announced this at the end of its annual general meeti
Abu Dhabi Ship Building (ADSB), a leading shipbuilder and naval support services provider in the Gulf region, has announced plans to distribute cash dividends of Dh21.2 million ($5.77 million) to its shareholders next month.
The ADSB, whic