Al Deera Holding (ALDEERA)

Mubasher: Al Deera Holding’s board of directors on Thursday discussed a proposal to settle its due debts, which totalled KWD 12.82 million. The debt settlement was suggested to be carried out through the issuing of Al Deera shares, the company …

Mubasher: Al Deera Holding Co. is negotiating with its lenders to capitalise KWD 12.36 million in debts, the company’s chairman said. These deliberations are part of the firm’s strategy to reduce expenses and financial burdens, Al Jarida reported, …

Kuwait – Mubasher: Al Deera Holding is focusing on activating its plans, which include exiting some of its investments and repaying its remaining debt of KWD 10.4 million, Bader Al Hajri, deputy chairman at Al Deera, told Kuwait's Alrai newspaper …

Kuwait – Mubasher: Al Deera Holding’s losses for the first quarter of fiscal year 2017 worsened by 199.7% to KWD 432,570, compared to KWD 144,360 for Q1-16. The company attributed the rise in Q1 losses to losses worth KWD 239,640 resulting from …

Mubasher: Al Deera Holding Company on Sunday reported a sharp drop in its losses by 98% in the fourth quarter of 2016, compared to the same period in 2015. Losses amounted to KWD 148,000 ($484,520) in Q4-16, down from KWD 8.44 million ($27.63 …

Kuwait – Mubasher: Al Deera Holding achieved profits during the third quarter of 2016 against losses in the same quarter last year. Net earnings amounted to KWD 2.91 million ($9.58 million) in Q3-16 versus losses of around KWD 875,000 ($2.88 …

Kuwait – Mubasher: Al Deera Holding reported higher losses during the second quarter this year as compared to the same period in 2015. Losses deepened by 219% to KWD 2.14 million ($7.07 million) in Q2-16 from KWD about 670,860 ($2.22 million) in …

Kuwait – Mubasher: Kuwaiti listed, Al Deera Holding said it repaid KWD 17.27 million ($57 million)syndicated loan. That is expected to see profits of KWD 12.16 million after repaying the loan, which will be reflected at its financial statements …

Kuwait-Mubasher: Al Deera Holding, listed in Kuwait Stock Exchange, announced that its subsidiary company, Al Deera International Communications, has sold its full ownership in an associate company at a value of KWD 1.32 million, according to …

Kuwait-Mubasher: Al Deera Holding has signed a primary agreement for refinancing a consolidated loan worth KWD 17.1 million ($56.7 million), a statement on Wednesday said. The consolidated loan will be fully repaid in Q2 or Q3 of the fiscal year …

Kuwait-Mubasher: Al Deera Holding suffered losses worth KWD 8.44 million ($27.91 million) in the fourth quarter of 2015, against earnings worth about KWD 24,000 ($79,370) in the same quarter of 2014. The Kuwait-listed firm also posted losses worth …

Kuwait-Mubasher: Al Deera Holding is currently in negotiations to pay off a syndicated loan that is worth KWD 17.36 million ($57.73 million), according to a recent statement. The Kuwaiti company clarified that the financial impact from the deal …

Kuwait – Mubasher: Al-Deera Holding Co. said Sunday it generated KWD 194,800 profit from the partial repayment of around KWD 6.21 million debt, out of KWD 11.84 million loan. The company added it rescheduled the repayment of the remaining KWD 5.63 …

Kuwait-Mubasher: Al Deera Holding’s losses grew to KWD 1.5 million ($4.93 million) in the first nine months, up from KWD 1.18 million ($3.88 million) in the same period of 2014, an increase of 27.1%. The company said that its increased losses …

Al Deera Holding’s losses retreated as much as 45.1% to about KWD 620,000 ($2.04 million) in the first half of the year as compared to KWD 1.13 million ($3.72 million) in the same half of 2014, the company said in a bourse filing on Thursday. The …

Kuwait – Mubasher: The Kuwait Stock Exchange (KSE) showed a number of changes in equity ownership on Monday’s session. Mubasher cited official data showing that Al Deera Holding cut its stake in International Financial Advisors-IFA from 19.480% to …

By: Ahmad AwadKuwait-Mubasher: Al-Deera Holding is still negotiating with creditors to restructure KWD 27 million ($89.23 million) debts, said chairman Talal Al-Bahar.The debts are due to foreign banks mainly, along with local banks, Al-Bahar …

The Kuwait Stock Exchange (KSE) benchmark ended last week's trade near the resistance levels of 6,420 and 6,333 points and expected to extend its upside trend this week, said technical analyst Badr Al Druze.The analyst pointed out to five stocks …

Kuwait Stock Exchange (KSE) official website showed a number of changes in equity ownership by the end of Tuesday’s trading session.Mubasher quoted official data indicating that Al Khair National has cut its stake in Al Mal Investment from 48.56% …

Kuwait Stock Exchange (KSE) showed a number of changes in equity ownership by the end of last Thursday’s trading session.Mubasher quoted official data showing that Kuwait's Public Institution for Social Security (PIFSS) bought 5.010% stake in …

Kuwait Stock Exchange’s (KSE) equity ownership saw some changes on 7 May, as Kuwait Finance House (KFH) and its subsidiaries entered the shareholders list of Al-Aman Investment by 5.564%.Al-Tilal Investment Company decreased its stake in Al-Deera …

Al-Deera Holding recorded a net profit of KWD 24,060 ($79,640) in the fourth quarter of 2014, against losses worth KWD 4.42 million ($14.63 million) in Q4-13.The firm posted losses totaling KWD 1.16 million ($3.84 million) in 2014, against …

Kuwait Stock Exchange (KSE) has suspended the trades on eight stocks, as their companies have not presented the financial statements for the fiscal year ended 31 December, 2014 on time.KSE declared that the eight companies are International …

By: Ahmad AwadKuwait-Mubasher: The ordinary general meeting (OGM) of Al-Deera Holding decided to trim its accumulated losses by reducing the capital from KWD 74.4 million ($248.10 million) to KWD 19.7 million ($65.69 million).Al-Deera’s losses …

Shareholders of KSE-listed companies will see main events on Sunday, 22 March, as the ordinary general meeting (OGM) of Burgan Bank will discuss the proposal of 15% or 15 fils per share as cash dividends and 5% or five shares per each 100 shares …