KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
27 April 01:04 PM

General Assembly

Photo Archive
25 April 04:18 PM Americana Restaurants’ general assembly nod for AED 661m dividends
Mubasher: Americana Restaurants International, also listed on the Abu Dhabi Securities Exchange (ADX), announced the shareholders’ approval for cash dividends valued at AED 661.25 million  The general assembly meeting greenlighted dividends of AED …
Cash Dividends
Photo Archive
25 April 01:06 PM Bank Aljazira obtains shareholders’ nods for 25% capital increase
Riyadh – Mubasher: The shareholders of Bank Aljazira agreed to increase the lender’s capital to SAR 10.25 billion from SAR 8.20 billion, according to a bourse disclosure. The lender will capitalise SAR 2.05 billion from the statutory reserve …
General Assembly
Photo Archive
25 April 11:52 AM Saudi Cement’s shareholders nods for H2-23 dividends
Riyadh – Mubasher: The extraordinary general assembly of Saudi Cement Company approved a cash dividend of SAR 1 per share for the second half (H2) of 2023. The company will pay a total of SAR 153 million, representing 10% of the capital, on 8 May …
General Assembly
Photo Archive
25 April 09:51 AM Agthia’s shareholders greenlight annual cash dividends
Abu Dhabi – Mubasher: The shareholders of Agthia Group approved the board’s recommendation for a cash dividend payment of 18.50 fils per share for 2023, according to a press release. This is in addition to bonus shares at the rate of 5% of share …
Cash Dividends
Photo Archive
24 April 05:32 PM E7 Group’s shareholders nod for share split
Abu Dhabi – Mubasher: E7 Group’s assembly general meeting (AGM) has sanctioned the division of each issued share, previously valued at AED 2.50, into 10 shares, each valued at AED 0.25. The company’s share capital has been set at AED 524.81 …
Corporate Actions
Photo Archive
24 April 04:27 PM e&’s shareholders greenlight 3-year progressive dividend policy
Abu Dhabi – Mubasher: The annual general meeting (AGM) of e& approved a new progressive dividend policy with an annual incremental increase of AED 0.03 for the years 2024, 2025, and 2026. The raise will bring the dividend per share (DPS) to AED …
General Assembly
Photo Archive
24 April 02:13 PM Arriyadh Development unveils SAR 89m cash dividends
Riyadh – Mubasher: Arriyadh Development Company announced the shareholders’ approval for SAR  0.25 per share for the second half (H2) of 2023, according to a bourse filing. This is in addition to SAR 0.25 per share as an exceptional distribution …
Cash Dividends
Photo Archive
24 April 10:40 AM Riyadh Cement’s shareholders greenlight dividends for H2-23
Riyadh – Mubasher: The shareholders of Riyadh Cement Company approved the board’s recommendation to disburse cash dividends valued at SAR 90 million for the second half (H2) of 2023. The Saudi firm will distribute a cash dividend of SAR 0.75 per …
General Assembly
Photo Archive
23 April 12:26 PM Emaar Properties’ AGM approves high dividends of AED 4.4bn for 2023
Dubai – Mubasher: The annual general meeting (AGM) of Emaar Properties approved a cash dividend of 50 fils per share amounting to AED 4.40 billion ($1.20 billion) for 2023. The cash dividends align with the company's profitability and commitment …
Real estate
Photo Archive
22 April 05:35 PM CI Capital to distribute dividends for 2023 upon Banque Misr’s proposal
Cairo – Mubasher: The ordinary general meeting (OGM) of CI Capital Holding for Financial Investments resolved the distribution of EGP 216.90 million worth of cash dividends for 2023, unlike the board’s previous recommendation not to pay out cash …
Cash Dividends
Photo Archive
22 April 04:53 PM Elsewedy Electric’s shareholders nod for EGP 30m capital cut, over EGP 1bn dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Elsewedy Electric Company agreed to disburse EGP 0.50 per share as a cash dividend for 2023. The company will pay out a total amount of EGP 1.06 billion to the eligible equityholders of …
Cash Dividends
Photo Archive
22 April 12:10 PM Fitness Prime anchors expansion plans via unit in Saudi Arabia
Cairo – Mubasher: The ordinary general meeting (OGM) of Fitness Prime Health Clubs agreed to raise the issued and paid-up capital to EGP 82.15 million from EGP 66.25 million. The EGP 15.90 million increase will be granted from the company’s net …
General Assembly
Photo Archive
22 April 11:09 AM Cleopatra Hospitals Group’s shareholders approve EGP 56m dividends
Cairo – Mubasher: The shareholders of Cleopatra Hospitals Group greenlighted cash dividends distribution valued at EGP 55.95 million for 2023, according to a bourse filing. The board passed the annual dividends last March, while the shareholders …
Cash Dividends
Photo Archive
18 April 03:46 PM Dubai Investments announces 12.5% cash dividends for 2023
Dubai – Mubasher: Dubai Investments has disbursed 12.50% cash dividends to the shareholders for the financial year that ended on 31 December 2023, according to a press release. The shareholders greenlighted the cash dividends during the 28th …
General Assembly
Photo Archive
18 April 12:22 PM Madinet Masr to start dividends payment in May 2024
Cairo – Mubasher: The Ordinary General Meeting (OGM) of Madinet Masr Housing and Development has approved the distribution of EGP 0.20 in cash dividends for 2023. The dividends are set to be paid in two instalments, the first of which amounts to …
Cash Dividends
Photo Archive
17 April 05:46 PM eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription
Riyadh – Mubasher: The shareholders of United Electronics Company (eXtra) agreed for the subsidiary United International Holding Company to offer shares on the Saudi Exchange (Tadawul), according to a bourse disclosure. The approval, which was …
Initial Public Offerings
Photo Archive
17 April 05:11 PM Edarat Communication’s EGM approves 100% new capital hike
Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company gave a nod, during their extraordinary general meeting (EGM) on 16 April 2024, for doubling the capital through bonus shares.   This decision builds on …
General Assembly
Photo Archive
17 April 11:39 AM Takaful to pay 30% of capital as cash dividends
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi National Takaful Company passed the board’s proposal to distribute cash dividends worth AED 31.50 million, which accounts for 30% of paid-up capital. Takaful will disburse 31,50 fils per share on …
General Assembly
Photo Archive
17 April 09:55 AM Abu Dhabi Aviation unveils cash dividends for 2023
Abu Dhabi – Mubasher: The general assembly of Abu Dhabi Aviation Company approved cash dividends valued at AED 111.19 million for 2023, according to a bourse disclosure. The shareholders greenlighted cash dividends, which represent 20% of the …
General Assembly
Photo Archive
14 April 07:53 PM Nadec names new Chairman, Vice Chairman
Riyadh – Mubasher: The National Agricultural Development Company (Nadec) has appointed Abdulaziz Saleh Alrebdi as the new Chairman of the board. Nadec also named Ahmed Saud Sahini as the new Vice Chairman, according to a bourse filing. Alrebdi and …
Board of Directors
Photo Archive
14 April 06:43 PM Tawuniya’s board recommends SAR 150m dividends for 2023
Riyadh – Mubasher: The Company for Cooperative Insurance’s (Tawuniya) board members suggested, in their 8 April 2024 meeting, a cash dividend payout worth SAR 1 per share for 2023. Subject to all relevant approvals, the 2023 cash dividends would …
Banking and Finance
Photo Archive
14 April 05:34 PM Saudi Cable unveils 2 key appointments
Riyadh – Mubasher: Saudi Cable Company has appointed Sabri Alghamdi as the new Chairman of the company upon the board’s resolution on 7 April 2024, which built on the ordinary general meeting’s (OGM) approval on 3 April. The company also announced …
Board of Directors
Photo Archive
14 April 03:22 PM Saudi GIG’s board proposes SAR 1.5/shr dividend for 2023
Riyadh – Mubasher: The board of Gulf Insurance Group (GIG) recommended, in its 4 April 2024 meeting, the distribution of SAR 1.50 per share as a cash dividend for 2023. Upon the shareholders’ approval, the company would pay out a total of SAR …
Board of Directors
Photo Archive
2 April 04:25 PM Salik’s shareholders approve AED 550m dividends for H2-23
Dubai – Mubasher: The annual general meeting (AGM) of Salik Company greenlighted the distribution of AED 550.03 million as cash dividends for the second half (H2) of 2023. The company will pay a cash dividend of 7.33 fils per share, representing …
General Assembly
Photo Archive
2 April 12:57 PM DSI’s shareholders pass restructuring plan
Dubai – Mubasher: Drake & Scull International’s (DSI) general assembly has approved a restructuring plan. The restructuring plan will apply to 4 entities; Drake & Scull International PJSC, Drake & Scull International LLC, Drake & Scull Engineering …
Corporate Actions