Event

Photo Credit: Mubasher
22 March 05:22 PM Al-Tayyar not harmed by EGP flotation - CEO
By: Mohammed Idris Riyadh - Mubasher: The CEO of Al Tayyar Travel Group Holding, Abdullah Nasser Al Dawood, said his company has no fears of the pound flotation and its effects on the group and its investments in Egypt. The group provisions, …
Julphar’s capital amounts to AED 1.092 billion (Photo Credit: Company Website)
22 March 09:15 AM Julphar to discuss dividends 16 April
Abu Dhabi – Mubasher: Gulf Pharmaceutical Industries (Julphar) said its shareholders will discuss on 16 April the proposed cash dividends and bonus shares for fiscal year 2016, according to a bourse statement. The company’s board recommended to …
One of ADSB's ships (Photo Credit: Company Website)
22 March 09:11 AM ADSB shareholders nod to annual dividends
Abu Dhabi – Mubasher: Abu Dhabi Ship Building (ADSB) said its shareholders approved 10% cash dividends, equivalent to 10 fils per share, for fiscal year 2016, according to a bourse statement. Total dividend payout stands at AED 21.2 million for …
The shareholders’ meeting will be postponed to 13 April 2017 in case of incomplete quorum (Photo Credit: Company Website)
22 March 08:55 AM Dana Gas to discuss dividends, shares buyback early April
Abu Dhabi – Mubasher: Dana Gas set the shareholders’ meeting on 8 April to discuss the company’s shares buyback and employees’ incentive scheme, according to a bourse statement. The shareholders will also consider the board’s proposal not to …
(Photo credit: Arabianeye - Reuters)
22 March 08:38 AM Mezzan Holding to discuss cash dividends for 2016 on 10 April
Kuwait – Mubasher: The general assembly of Mezzan Holding will meet on 10 April to discuss the distribution of cash dividends for 2016. The dividends will be at 28 fils per share, representing 28% of the share's nominal value, according to a …
Ministry of Finance headquarters in Cairo (Photo credit: Arabianeye-Reuters)
21 March 02:58 PM $4bn foreign investments in government debt post-flotation - Official
By: Mostafa Adel Cairo – Mubasher: Foreign investments in the Egyptian government's debt instruments rose to $4 billion between November 2016 to date, said deputy finance minister for fiscal policies on Tuesday. Speaking at the …
SAMA headquarters (Photo archive)
21 March 02:03 PM SAMA ready to deal with US Fed decisions – Official
By: Mohamed Idris Riyadh – Mubasher: Every decision taken by the US Federal Reserve regarding interest rates is studied and its impact on Saudi Arabia is analysed even before the official decision is taken, vice governor of the Saudi Arabian …
(Photo credit: Company's website)
21 March 10:58 AM Eastern Company amends OGM date
Cairo – Mubasher: Eastern Company said Tuesday that it has moved the ordinary general meeting (OGM) to 11 April instead of 9 April. The OGM is set to discuss the estimated budget for fiscal year 2017/2018, according to a bourse statement. The …
The project has a total investment of AED 50 billion - (Photo Credit: DEW Website)
20 March 09:32 PM UAE launches 2nd phase in AED 50bn Solar Park
Dubai - Mubasher: The Vice President and Prime Minister of the UAE and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has inaugurated on Monday the 200 megawatt (MW) second phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is …
(Photo credit: Arabianeye-Reuters)
20 March 06:03 PM Aldar OGM approves 11 fils/shr dividends
By: Ramy Sameeh Abu Dhabi- Mubasher: Shareholders at Aldar Properties on Monday approved distributing cash dividends representing 11% of the company’s capital for 2016, at 11 fils per share. Total value of the distributions amounts to AED 865 …
Yas Acres, a project by Aldar Properties (Photo Credit: Previous Press Release)
20 March 05:08 PM Aldar eyes acquisitions, expects stronger property sector performance in Abu Dhabi
By: Ramy Sameeh Abu Dhabi – Mubasher: Abu Dhabi's real estate sector is in a good position and is expected to see a strong performance this year, Aldar Properties' board chairman Abu Bakr Seddiq Al Khouri said on Monday. Speaking at a press …
Photo Credit: Arabianeye-Reuters
20 March 09:29 AM KFH to discuss FY16 cash dividend, bonus
Mubasher: Kuwait Finance House (KFH) will hold its ordinary general meeting (OGM) on Monday to overview the board’s recommendation of distributing 17% cash dividends and 10% bonus shares for fiscal year 2016. The company’s proposal includes a cash …
(Photo archive)
20 March 09:21 AM Mubarrad to consider name change on 3 April
Riyadh – Mubasher: Saudi Transport and Investment Company (Mubarrad) will hold its extraordinary general meeting (EGM) on 3 April. The EGM will vote on choosing a new commercial identity and changing the company's name to Batek Investment and …
(Photo archive)
20 March 08:46 AM Al Rajhi Bank to distribute SAR 1.5/shr for H2-16
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Al Rajhi Bank on Sunday approved the board's recommendation to distribute cash dividends for the second half of 2016. The bank will distribute SAR 1.5 per share totalling SAR 2.44 …
The shareholders’ meetings will be held on Sunday, 26 March 2017. (Photo Credit: Company Website)
20 March 08:37 AM Invest Bank shareholders postpone meetings
Abu Dhabi – Mubasher: Invest Bank said its shareholders will postpone their ordinary general meeting (OGM) and extraordinary general meeting (EGM) due to incomplete quorum, according to a bourse filing. The shareholders’ meetings will be held on …
Photo Credit: Arabianeye-Reuters
19 March 03:24 PM Chubb Insurance recommends no dividends for FY16
Riyadh - Mubasher:  The board of Chubb Arabia Cooperative Insurance Company recommended not distributing cash dividends to shareholders for the last year, according to a bourse filing. The company said in a statement to the Saudi Stock Exhcnage …
Damac’s capital amounts to AED 6.05 billion (Photo Credit: Company Website)
19 March 09:03 AM Damac nods to 25 fils/shr dividends for FY16
Dubai – Mubasher: Damac Properties said its shareholders approved 25% cash dividends or 25 fils per share for fiscal year 2016, according to a bourse statement. The company’s shareholders gave a nod to a total of AED 1.51 billion dividends for …
Photo Credit: Arabianeye-Reuters
18 March 04:34 PM Tadawul awaits important events this week
Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of events in the upcoming week between 19 and 23 March. Al Rajhi Bank will hold its extraordinary general meeting (EGM) on Sunday 19 March to vote on …
The company’s capital amounts to AED 30 million (Photo Credit: Company Website)
16 March 08:50 AM Gulfa Mineral Water proposes 2016 dividends
Abu Dhabi – Mubasher: Gulfa Mineral Water and Processing Industries said its board recommended 4% cash dividends or 4 fils per share for fiscal year 2016, according to a bourse filing. Total proposed dividends amount to AED 1.2 million for FY16. …
(Photo archive)
16 March 08:45 AM SABIC’s EGM to discuss SAR 2/shr dividends for H2-16
Riyadh - Mubasher: Saudi Basic Industries Corporation's (SABIC) will hold its extraordinary general meeting (EGM) on 11 April. The EGM will discuss the distribution of cash dividends on shareholders at SAR 2 per share, totalling SAR 6 billion and …
QSE CEO Rashid Ali Al-Mansoori (Mubasher's Photo archive)
15 March 06:31 PM Qatar to launch SME bourse mid 2017 – CEO interview
By: Amr Adel Dubai – Mubasher: The Qatar Stock Exchange (QSE) is gearing up to launch a small- and medium-sized enterprises (SME) bourse during the second half of 2017, QSE CEO Rashid Ali Al Mansoori said Tuesday. Technically, the market is ready …
The company will distribute a total of SAR 2 billion in dividends
15 March 05:47 PM STC to distribute SAR1/shr dividends beginning May
Riyadh - Mubasher: Saudi Telecom Company (STC) revealed the date for the cash dividends distribution as 1 May 2017, according to a bourse filing. The dividends will be at SAR 1 per share for two billion eligible shares, the company said in a …
The company’s stock fell 5.11% to QAR 13.2 in Wednesday’s mid-session. (Photo Credit: Facebook)
15 March 11:43 AM Mazaya Qatar to discuss bonus shares 12 April
Doha – Mubasher: Mazaya Qatar Real Estate Development said its board proposed 5% bonus shares on a 1-for-20 basis, according to a statement. The company’s shareholders meeting will be held on 12 April to discuss the proposed bonus shares. The …
One of FGB's shareholders meeting (Photo Credit: Mubasher)
15 March 09:30 AM FGB to start dividend payout 22 March
Abu Dhabi – Mubasher: First Gulf Bank (FGB) will start distributing 100% cash dividends for fiscal year 2016 as of 22 March, according to a bourse statement. The shareholders can collect their cheques from any branch of the bank across the UAE on …
The company’s board will also decide on a date for the shareholders’ meeting (Photo Credit: Company Website)
15 March 08:45 AM Arkan board considers factory closure
Abu Dhabi – Mubasher: Arkan Building Materials said the board will consider the permanent closure of Emirates Cement Factory, according to a bourse statement. The board will approve financial statements for fiscal year 2016 and also decide on a …