Al Bareeq Holding (BAREEQ) News - Mubasher Info
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03 May 03:29 PM

Al Bareeq Holding

Last update: 4 April 2022 01:13 PM market time.
30.60
0.00
0.00%
Open 31.00
Previous Close 30.60
High 31.00
Low 29.70
Stock Statistics
Volume 1,556,144
Turnover 46,815.17
All data are 15 minutes late during market session

News

CMA has nodded to Al Bareeq Holding's listing on DFM
27 September 2020 04:37 PM CMA approves Al Bareeq Holding's listing on DFM
Mubasher: Kuwait's Capital Market Authority (CMA) has nodded to Al Bareeq Holding's request to be listed on the Dubai Financial Market (DFM). The company should be committed to the regulations of securities activities and their amendments, …
Management Decisions
The profits totalled KWD 995,525 in Q4-19
13 April 2020 09:18 AM Al Bareeq Holding’s earnings soar 296% in 2019
Mubasher: Al Bareeq Holding’s net profits leaped by 295.7% in the fiscal year (FY) ended on 31 December 2019, reaching KWD 2.1 million ($7 million) from KWD 553,303 ($1.7 million) in 2018. The growth in the 2019 earnings is owed to higher …
Financial Results
The deal generated profits of around KWD 498,500
3 March 2020 09:54 AM Al Bareeq Holding exits subsidiary for KWD 11m
Mubasher: Al Bareeq Holding has exited from its subsidiary, Tadawul Global for Purchase and Sale of Shares and Bonds Co, realising KWD 498,500 worth of profits.    The holding firm sold all of its shares in the subsidiary to a third party at a …
Mergers and Acquisitions
The transaction's impact will reflect on Al Bareeq's 2019 financials
31 December 2019 09:45 AM Al Bareeq Holding buys Kuwaiti firm at KWD 13.6m
Mubasher: Al Bareeq Holding has fully purchased the Kuwaiti firm, Qemam Company for trading, at a value of KWD 13.61 million. Qemam Company owns net assets worth KWD 13.6 million. This includes a real estate portfolio that consists of eleven …
Companies Investments
Pearl sold a total of 108.5 million shares
9 December 2019 00:04 PM Pearl sells stake in Al Bareeq Holding
Mubasher: Al Bareeq Holding on Monday said that Bader Ahmed Bader Al Refai’s Pearl Co. for Shares Selling and Buying sold its stake to the former. Pearl sold a total of 108.5 million shares in Al Bareeq, according to a Monday disclosure to Boursa …
Company News
Al Bareeq attributed the profit growth to the increase in dividends
15 August 2019 00:32 PM Kuwaiti Al Bareeq Holding’s profit up 74% in Q2-19
Mubasher: The profits of Al Bareeq Holding Co., formerly known as Sanad Holding Co., leapt by 73.8% year-on-year in the second quarter of 2019, according to a bourse disclosure to Boursa Kuwait on Thursday. The profits of the period surged to …
Financial Results
This decision was made by the shareholders of the company
19 June 2019 00:14 PM Sanad Holding to change tradename on 25 June
Mubasher: Sanad Holding Co will change the company’s name to become Al Bareeq Holding Co. The new tradename will come into effect on 25 June 2019, according to a bourse statement on Wednesday. Sanad clarified that this decision was made by the …
General Assembly
Profits tumbled 50.2% to about KWD 553,300 in 2018
28 April 2019 10:23 AM Sanad Holding exits from unit at KWD 72,350
Mubasher: Sanad Holding Co’s board of directors has approved to exit from its wholly-owned subsidiary, Al Rai Commercial Complex Co. following the selling of Sanad's full owned shares in Al Rai, the parent company has achieved profits at a value …
Companies Investments
Earnings shrank to nearly KWD 357,860 ($1.18 million) in Q2-18
29 July 2018 11:38 AM Sanad H1 profit plunges 81%
Mubasher: Sanad Holding Co reported a drop of 82.9% in profits during the second quarter of 2018, compared to the same period in the prior year. Earnings shrank to nearly KWD 357,860 ($1.18 million) in Q2-18 from KWD 2.09 million ($6.91 million) …
Financial Results
Kuwait’s Sanad acquires Albanian firm for $4.8m
8 July 2018 11:35 AM Kuwait’s Sanad acquires Albanian firm for $4.8m
Mubasher: Sanad Holding on Sunday announced its acquisition of an Albanian real estate firm for KWD 1.45 million ($4.79 million) through one of its subsidiaries. The acquired firm, whose name has not been disclosed, owns various properties and …
Companies Investments
Sanad still intends to acquire a strategic stake in GIH
11 June 2018 02:23 PM Sanad cancels deal with KFH on GIH’s stake
Mubasher: Sanad Holding Co announced that it has not reached an agreement with Kuwait Finance House (KFH) to purchase an equity of 20% in Gulf Investment House’s (GIH) capital. The company added that not reaching a final agreement with KFH means …
Companies Investments
Sanad’s OGM has agreed to pay KWD 15,000 bonus
30 May 2018 09:38 AM Sanad to withhold FY17 dividends
Mubasher: The ordinary general meeting (OGM) of Sanad Holding Co approved the board’s recommendation to distribute no dividends for fiscal year ended on 31 December 2017. On Tuesday, the shareholders also elected a new board member for the coming …
Corporate Actions
Sanad has denied the news announced by Al Rai Newspaper on 27 May
29 May 2018 10:58 AM Sanad comments on acquiring KFH’s equity in GIH
Mubasher: Sanad Holding clarified that it has not signed a final agreement with Kuwait Finance House (KFH) to purchase the bank’s 20% stake in Gulf Investment House (GIH). Sanad has denied the news announced by Al Rai Newspaper on 27 May noting …
Companies Investments
KFH had signed a primary contract with Sanad
28 May 2018 11:13 AM KFH denies news on selling stake in GIH to Sanad
Mubasher: Kuwait Finance House (KFH) has denied the news published in a local newspaper on Sunday regarding a final agreement with Sanad Holding to sell KFH’s stake in Gulf Investment House (GIH) to Sanad, according to a bourse statement on …
Companies Investments
Sanad posted an increase of 201% in profits in FY17
20 May 2018 02:31 PM Sanad Q1 financials turn profitable
Mubasher: Sanad Holding Co has achieved a profit of approximately KWD 30,040 ($99,700) in the first quarter of 2018 against losses worth nearly KWD 31,950 ($106,000) in the same period a year ago. The positive turn in Q1 financials is attributed …
Financial Results
SANAD’s board recommended distributing no dividends for 2017.
29 March 2018 11:35 AM Kuwait's Sanad profit hikes 200% in 2017
Mubasher: Sanad Holding Company (SANAD) on Thursday reported a 200.6% year-on-year surge in its profits during the full-year 2017.  Profits increased to KWD 1.11 million ($3.71 million) last year, compared to KWD 369,300 ($1.24 million) in 2016, …
Financial Results
Inovest has a capital standing at $114.61 million
6 February 2018 03:43 PM Kuwait’s Sanad narrows stake in Bahraini Inovest
Mubasher: Sanad Holding Co has decreased its equity ownership, within Asaad Abdulaziz Al Sanad Group, in Inovest, a Bahraini company listed on both Boursa Kuwait and Bahrain Bourse (BHB). Sanad has narrowed its stake in Inovest to less than 5% …
Trading Activities
Sanad has purchased a KWD 6 million plot land in UAE
24 January 2018 10:05 AM Kuwait’s Sanad buys $20m land in UAE
Mubasher: Sanad Holding Co on Wednesday announced that its board of directors has agreed on investing in a land plot in Sharjah, UAE. The Kuwait-based company has purchased the land at a value of KWD 6 million ($20 million), Sanad said in a filing …
Companies Investments
Sanad to increase the capital to KWD 58.73 million
7 January 2018 10:58 AM Sanad board OKs KWD 15m capital hike
Mubasher: Sanad Holding on Sunday announced that its board approved increasing the company’s capital by KWD 15 million. Sanad will raise its capital through issuing shares for the company’s shareholders, according to the company’s statement on …
Company News
The financial impact cannot be determined in the current time
22 November 2017 05:01 PM Sanad signs MoU with GIH to settle KWD 34.55m debts
Mubasher: Sanad Holding Co has inked a memorandum of understanding (MoU) with Gulf Investment House (GIH) to settle GIH’s debts worth KWD 34.55 million ($114.62 million). Sanad and GIH said, in two separate statements, that they would disclose any …
Companies Investments
The purchased shares totalled 32.79 million
22 November 2017 03:39 PM Sanad to buy KFH’s 20% stake in GIH
Mubasher: Sanad Holding Co has signed a primary contract with Kuwait Finance House (KFH) to purchase its entire 20% stake in Gulf Investment House (GIH), Sanad disclosed on Wednesday. In a separate statement, Sanad said that the purchased shares …
Company News
Sanad owns a share of 5.073% in Gulf Franchising’s capital
3 October 2017 05:19 PM Sanad owns stake in Gulf Franchising
Mubasher: Sanad Holding Co has participated in the ownership equity of Gulf Franchising Holding, according to the closing session on 2 October. Sanad owns a share of 5.073% in Gulf Franchising’s capital, according to a bourse statement. Al Saham …
Trading Activities
Sanad Holding currenrly owns 6.7% of Inovest's shares
26 August 2017 03:31 PM Sanad Holding lowers stake in Inovest
Mubasher: Sanad Holding Company has decreased its stake in Inovest from 7.48% to 6.7%, as shown by the records of Boursa Kuwait at the end of the week. Gulf Investment House is the biggest shareholder in Inovest with a 13.61% stake, followed by …
Trading Activities
Sanad will increase the capital by KWD 21.73 million through creditors
6 August 2017 03:33 PM Sanad shareholders nod to capital hike
Mubasher: The ordinary general meeting (OGM) of Sanad Holding approved raising the company's capital by KWD 31.73 to total KWD 43.73 million. Sanad will increase the capital by KWD 21.73 million through creditors and by KWD 10 million in cash, …
Company News
Boursa Kuwait on Monday has resumed trading on Sanad’s stock
12 June 2017 11:01 AM Sanad losses deepen 170% in Q1
Kuwait – Mubasher: Sanad Holding Co posted a surge of 170.1% in losses during the first quarter ended 31 March 2017 compared to the same period of 2016. The losses increased to about KWD 31,950 ($105,050) in Q1-17 from nearly KWD 11,830 ($38,890) …
Financial Results