Tuesday 19 March 2024
 
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Falcon Cement declares bonus shares

Falcon Cement Company (FCC) has concluded its meeting at Bahrain Financial Harbour (BFH), where the AGM approved the Board of Directors’ recommendation to distribute bonus shares of 10 per cent of the paid-up capital to shareholders.

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Falcon Cement declares bonus shares

Falcon Cement Company (FCC) has concluded its meeting at Bahrain Financial Harbour (BFH), where the AGM approved the Board of Directors’ recommendation to distribute bonus shares of 10 per cent of the paid-up capital to shareholders.

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UAE listed firms give $8.8bn in dividend, bonus

Cash dividends and bonus shares to the tune of Dh32.5 billion ($8.8 billion) have been distributed by 79 companies listed at Abu Dhabi Securities Exchange and Dubai Financial Market for Fiscal Year 2016, a report said. Distributio

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IHG Business Rewards launches new promotion

InterContinental Hotels Group (IHG) has launched its new IHG Business Rewards promotion, offering members the opportunity to earn 50 per cent extra bonus points at participating IHG hotels worldwide. As a way of thanking those who

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Bonus freeze of govt council members approved in Bahrain

Bonuses paid to heads and members of councils and committees affiliated with the Bahraini government have been frozen for two budget cycles, including the current one. The move will also apply to government-owned companies as well as those in

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Bahrain mulls bonus clamp for corporate heads

Bonuses paid to corporate board heads and members of state-owned companies in Bahrain are to be regulated, a report said. HRH Prime Minister Prince Khalifa bin Salman Al Khalifa ordered the review as he chaired the weekly Cabinet

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US wage growth in Q2 slowest in 33 years

US labour costs in the second quarter recorded their smallest increase in 33 years as workers earned less in commissions and bonuses, in what appeared to be a temporary wage growth setback against the backdrop of diminishing labour market slack.

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Saudi king orders bonus for security personnel

Saudi Arabia's King Salman ordered on Wednesday a one-month salary bonus for all military and security personnel to convey his "appreciation of their efforts", the official SPA news agency announced. The decree came

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Dubai Investments to distribute 12pc cash dividend

Dubai Investments, a leading investment company listed on the Dubai Financial Market, has approved distribution of 12 per cent cash dividend and issue of six per cent bonus shares for the financial year ending December 31. A propo

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Construction workers stage rare protest in Dubai over pay

Hundreds of foreign construction workers staged a rare public protest outside the opulent Dubai Mall on Tuesday in a pay dispute with their company, witnesses said. Dubai authorities deployed riot police to Sheikh Mohammed bin Ras

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