KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
25 April 08:21 PM

Stocks News

Photo Archive
4 hours ago 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
4 hours ago Emirates NBD’s profits leap 67% in Q1-24
Dubai – Mubasher: Emirates NBD recorded an annual hike of 67% in net profit to AED 6.71 billion during the first quarter (Q1) of 2024, versus AED 6.02 billion. Total operating income amounted to AED 10.66 billion as of 31 March 2024, up from AED …
Financial Results
Photo Gallery
12:38 PM CBD logs AED 701m profits in Q1-24; total income up 11%
Dubai – Mubasher: The Commercial Bank of Dubai (CBD) posted higher net profits at AED 700.98 million in the first quarter (Q1) of 2024, versus AED 575.22 million in Q1-23. Total income amounted to AED 1.37 billion in Q1-24, an annual rise of …
Banking and Finance
Photo Gallery
11:21 AM Emirates Islamic’s net profits jump to AED 811.5m in Q1-24
Dubai – Mubasher: The net profits of Emirates Islamic Bank hiked by 35% year-on-year (YoY) to AED 811.44 million in the first quarter (Q1) of 2024 from AED 600.86 million. Total operating income amounted to AED 1.34 billion in Q1-24, an annual …
Banking and Finance
Photo Archive
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 Gallery
24 April 06:56 PM ADIB records 32% annual surge in Q1-24 net profit; revenue hits AED 2.5bn
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) achieved a net profit after tax worth AED 1.45 billion during the first quarter (Q1) of 2024, signalling a 32% increase from AED 1.10 billion in Q1-23. The UAE lender generated revenues of AED …
Banking and Finance
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 …
Trading Activities
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 …
Cash Dividends
Photo Archive
24 April 03:14 PM RAK Ceramics elects Chairman, Vice Chairman
Abu Dhabi – Mubasher: RAK Ceramics elected Saqr bin Saud bin Saqr Al Qasimi as the Chairman of the board. Fawaz Sulaiman Al Rajhi as the Vice Chairman was announced as the Vice Chairman, according to a bourse disclosure. The board members of RAK …
Board of Directors
Photo Gallery
24 April 01:08 PM AD Ports earmarks $379m investments for Angolan port
Abu Dhabi – Mubasher: AD Ports Group penned agreements with Unicargas and Multiparques to serve the facility and the broader Angolan logistics market AD Ports will acquire an 81% stake in a joint venture (JV) that will operate the terminal in …
Companies Investments
Photo Archive
24 April 11:54 AM DIB sees higher net profits in Q1-24 at AED 1.6bn
Dubai – Mubasher: The net profits of Dubai Islamic Bank (DIB) surged to AED 1.66 billion in the first quarter (Q1) of 2024 from AED 1.50 billion in Q1-23. DIB registered a total net income amounting to AED 5.60 billion in Q1-24, higher by 27% than …
Financial Results
Photo Archive
24 April 10:58 AM Sawaeed Holding names Chairman, Vice Chairman
Abu Dhabi - Mubasher: Sawaeed Holding appointed Abdulla Rashed Mohammad Rashed Al Rashdi as the Chairman of the board. The board members also named Obaid Helal Obaid Mohammed Al Kaabi as the Vice Chairman, according to a bourse disclosure. In the …
Corporate Actions
Photo Gallery
23 April 03:55 PM du launches du Pay to reinforce fintech solutions in UAE
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has launched du Pay to foster the UAE’s cashless economy and enhance its financial inclusion, according to a press release. Licensed by the Central Bank of the UAE (CBUAE), du …
Companies Investments
Photo Gallery
23 April 02:00 PM ADIB becomes 1st bank to offer integrated financial services via Botim app
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) inked a partnership with Astra Tech, becoming the first lender to provide users across the country access to financial services on the Botim Ultra app. ADIB and Botim will join forces to develop …
Companies Investments
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 …
Cash Dividends
Photo Archive
23 April 10:12 AM Sharjah Islamic Bank records rise in Q1-24 profits to owners
Abu Dhabi – Mubasher: The net profits attributable to the owners of Sharjah Islamic Bank hit AED 259.65 million in the first quarter (Q1) of 2024, an annual growth from AED 233.06 million. Total operating income jumped to AED 504.74 million in …
Banking and Finance
Photo Archive
22 April 11:47 AM ADCB’s brand value hits AED 10.5bn in 2023
Abu Dhabi – Mubasher: The value of Abu Dhabi Commercial Bank’s (ADCB) brand grew 8.70% year-on-year (YoY) to AED 10.50 billion in 2023. The bank ranked 109th in the 2024 Banking 500 report from Brand Finance, moving up four places from last year, …
Ratings
Photo Gallery
22 April 11:38 AM Empower connects Al Wasl Tower to its district cooling network
Dubai – Mubasher: Emirates Central Cooling Systems Corporation (Empower) has connected Al Wasl Skyscraper to the company’s district cooling network, according to a press release. The first phase of the process has already started, while the second …
Companies Investments
Photo Gallery
22 April 10:41 AM PIF, stc to form region’s largest telecom tower company
Riyadh – Mubasher: The Public Investment Fund (PIF) inked a sale and purchase agreement (SPA) with Saudi Telecom Company (stc), on 21 April 2024, for a stake acquisition in TAWAL.  The Saudi fund unveiled plans to own 51% shareholding in TAWAL, …
Global Economy
Photo Archive
21 April 03:53 PM Emirates Islamic debuts $500m financing facility
Dubai – Mubasher: Emirates Islamic Bank has concluded its debut $500 million syndicated financing facility, according to a recent press release. The three-year term facility is the first of its kind raised by a Shariah-compliant financial …
Banking and Finance
Photo Gallery
21 April 12:31 PM du to showcase innovative cybersecurity solutions at GISEC 2024
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) has announced its participation as a Digital Transformation Partner at the 13th edition of the Gulf Information Security Expo & Conference (GISEC) 2024. du is planning to …
Event
Marco Arcelli, CEO of ACWA Power, and Francesco La Camera, Director-General of IRENA
21 April 09:45 AM ACWA Power, IRENA join forces to boost global renewable energy transformation
Riyadh – Mubasher: ACWA Power Company teamed up with the International Renewable Energy Agency (IRENA) to back the global transition to renewable energy sources, according to a press release. The agreement with IRENA aligns with ACWA Power's …
Global Economy
Photo Gallery
18 April 04:42 PM E7 Group fuels growth in MEA region with new agreements
Abu Dhabi – Mubasher: E7 Group penned multiple new contracts to provide security solutions and commercial printing services across the MEA region. The agreements align with the group’s strategy to boost global expansion and profitable growth, …
Companies Investments
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 …
Cash Dividends
Photo Archive
18 April 03:20 PM Cleopatra Hospitals, Fawaz Al Hokair’s unit partner to support healthcare in Saudi Arabia
Cairo – Mubasher: Cleopatra Hospitals Group (CHG), has entered into a strategic partnership with Mumtada Medical Care Company, the healthcare arm of Saudi Arabia’s Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail), to launch 200-bed rehabilitation …
Global Economy