Al Dar National Real Estate Co KSCC

Mubasher: A Kuwaiti court has ordered Al Dar National Real Estate to pay KWD 8.61 million to Mohammed Abdulmohsin Al Kharafi and Sons Co, according to a bourse statement issued on Sunday. In a previous statement by Al Dar, the company had said …

Mubasher: The Capital Markets Authority (CMA) has approved the capital reduction of Al Dar National Real Estate to offset the company’s accumulated losses, according to a bourse statement issued on Thursday. The real estate firm will decrease the …

Kuwait – Mubasher: The board of Al Dar National Real Estate approved, on Monday, offsetting losses and decreasing the capital. The company will decrease the capital by KWD 893,600 worth treasury shares to become KWD 41.1 million from KWD 42 …

Kuwait – Mubasher: The board of Al Dar National Real Estate approved on Tuesday the procedures set for trimming losses through decreasing the capital. According to a bourse statement issued on Wednesday, Al Dar’s capital will be reduced to KWD …

Kuwait – Mubasher: Al Dar National Real Estate Company’s board of directors will discuss today, Sunday, a mechanism to cut the capital according to the recent remarks by the regulatory authorities and another financial issues, according to a …

Kuwait – Mubasher: Al Dar National Real Estate posted a decline by 63% in losses during the third quarter of 2016 as compared to the same period a year ago. Losses shrank to about KWD 36,950 ($120,930) in Q3-16, compared with nearly KWD 99,940 …

Kuwait – Mubasher: Al Dar National Real Estate (ADNC) said its board approved a mechanism to offset losses through cutting capital, according to a statement released on Sunday. The board decided to reduce the mother company’s current capital from …

Kuwait – Mubasher: Al Dar National Real Estate aid its board will review on 11 December the financial statements for the third quarter ended 30 September 2016. The board will also discuss other financial matters, according to a bourse statement.

Kuwait – Mubasher: Al Dar National Real Estate’s board will discuss on Wednesday the mechanism to reduce the company’s capital. The meeting will be a completion to what was approved on the board’s meeting held in mid-December, according to a …

Kuwait – Mubasher: Al Dar National Real Estate turned to losses in the second quarter of 2016, according to a bourse statement. The company incurred losses of KWD 166,810 ($548,720) in Q2-16, against profits of KWD 102,540 ($337,300) in Q2-15. …

Kuwait – Mubasher: Al Dar National Real Estate will suffer losses worth KWD 5.8 million after the court ruled for the Gulf Bank of Kuwait (GBK) to win The Capital Tower project. In a bourse statement issued on Tuesday, Al Dar said that the court …

Kuwait – Mubasher: Al Dar National Real Estate’s board will discuss on Monday modifying and determining the recommendation regarding the offsetting of losses, according to a bourse filing. In May, the board recommended a capital reduction at a …

Kuwait – Mubasher: Kuwait Stock Exchange (KSE) decided to suspend the shares of both Al Madar Finance and Investment as well as Al Dar National Real Estate. The suspension was decided because the two companies have not paid the annual fees for the …

  Kuwait – Mubasher: Al Dar National Real Estate (ADNC) on Tuesday said its board of directors recommended reducing the company’s capital to cover a portion of the incurred losses. The board noted that after the reduction, capital will reach KWD …

Kuwait-Mubasher: Alshall Investment Company increased its stake in Injazzat Real Estate Development by 5.718% to 18.532%, by the end of Monday’s trading session. Alshaya United owns 24.88% stake in Injazzat, followed by Abdullah Hamad Al Saqr and …

Kuwait-Mubasher: Gulf Bank of Kuwait (GBK) said it won a public auction, held on Wednesday, for the land plot of the Capital Tower project that will be executed by AL Dar National Real Estate Company, according to a bourse statement. The auction’s …

Kuwait-Mubasher: Al-Joman Center for Economic Consultancy said that Kuwait Stock Exchange showed ten equity changes during the week ended 4 February, as Kuwait Investment Authority increased its stake in Warba Bank by 1.2% to 25.2% from 24%. …

Kuwait-Mubasher: Al-Joman Center for Economic Consultancy said that Kuwait Stock Exchange (KSE) showed seven changes in equity ownership during the week ended 28 January, as shareholder Reda Abdul Hadi increased his stake in Al Dar National Real …

Kuwait-Mubasher: Al Dar National Real Estate said that the commercial court in Kuwait ordered the company to pay KWD 146,000 to Mohammed Abdulmohsen Al-Kharafi & Sons, according to a bourse filing. Al Dar clarified that no financial impact will …

Kuwait-Mubasher: Al-Joman Center for Economic Consultancy said that six equity changes were witnessed recently in Kuwait Stock Exchange, as Shareholders of DFM increased equity in Al-Madina for Finance and Investment Company by 2.765% to 8.840% …

Kuwait-Mubasher: Al Dar National Real Estate said that the Kuwaiti court has issued an unfavourable rule in two cases filed against the company, according to a bourse statement. The court has set 10 February, 2016 for selling the property owned by …

Kuwait-Mubasher: AlJoman Center for Economic said that six companies have seen changes in Kuwait Stock Exchange’s (KSE) equity ownership in the week ended 24 December, as Al Ahleia Insurance increased its stake in Independent Petroleum Group by …

Kuwait-Mubasher: Al Dar National Real Estate has named Eyad Abdulhamid Hamoud as new CEO of the Kuwaiti company starting from 1 December, 2015, according to a bourse filing. The real estate firm has a board of three members in addition to the …

Kuwait-Mubasher: Al Dar National Real Estate has denied news published on Sunday in a local newspaper about existing negotiations on selling the company’s land of Capital Tower Project for KWD 100 million, according to a bourse filing on Sunday. …

Kuwait-Mubasher: The Kuwait Stock Exchange (KSE) showed some changes in equity ownership on 3 December, as the Public Institution for Social Security increased its stake in Viva to 9.73% from 9.18%, an increase of 0.55%. STC’s 26% stake in Viva …