Al Argan International Real Estate (ARGAN) News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

Al Argan International Real Estate (ARGAN`R)

Last update: 11:46 AM market time.
107.00
6.00
5.94%
Open 100.70
Previous Close 101.00
High 108.00
Low 100.20
Stock Statistics
Volume 8,534,184
Turnover 900,649.52
All data are 15 minutes late during market session

News

A project by Alargan International Real Estate (Photo Credit: Company website)
15 May 2016 11:27 AM Alargan posts higher profits in Q1
Kuwait-Mubasher: Alargan International Real Estate recorded a 34.4% growth in profits of the first quarter in 2016 as compared to the same period in 2015, the company said in a bourse filing issued Sunday. The earnings increased to about KWD …
A project by Alargan International (Photo archive)
26 April 2016 03:12 PM Alargan International to discuss proposed dividends late May
Kuwait-Mubasher: Alargan International Real Estate will hold an ordinary general meeting on 23 May to discuss the board’s recommendation of distributing dividends for the fiscal year 2015, according to a bourse statement. The board has proposed a …
A project od Alargan in Oman (Photo archive)
30 March 2016 00:04 PM Alargan’s Q4 financials turn negative; dividends proposed
Kuwait-Mubasher: Alargan International Real Estate suffered losses worth KWD 7.62 million ($25.19 million) in the fourth quarter of 2015, against profits worth KWD 2.94 million ($9.72 million) in the same period of 2014, the company said in a …
Photo Credit: Arabianeye-Reuters
22 December 2015 10:17 AM Capital Intelligence affirms Alargan’s bonds issued 2012
Kuwait-Mubasher: Capital Intelligence (CI) affirmed the ‘BBB-’ rating of bonds issued by Alargan International Real Estate, according to a bourse filing. The Kuwaiti company had issued KWD 26.5 million bonds in April 2012, with duration of five …
Photo Credit: Arabianeye-Reuters
15 November 2015 02:44 PM Alargan’s 9M profits soar to KWD 24.3m
Kuwait-Mubasher: Alargan International Real Estate achieved a net profit worth KWD 24.3 million in the nine-month period ended 30 September. The company added that earnings per share stood at 95.01 fils. Alargan’s gross operating revenues surged …
Photo Credit: Arabianeye-Reuters
10 September 2015 08:44 AM Changes in KSE equities Wednesday
Kuwait-Mubasher: Kuwait Stock Exchange saw a number of changes in equity ownership on 9 September, as shareholder Abdullmohsen Al-Omran decreased its stake in Alargan International Real Estate Company to 7.635% from 9.132%, a drop of 1.497%. …
Photo archive
4 June 2015 01:28 PM Kuwait’s Alargan settles KWD 13.3m credit facilities
Alargan International Real Estate said Thursday it paid back credit facilities estimated at KWD 13.3 million to “local banks”, according to a bourse statement on Thursday.The Kuwaiti listed firm reported net profits of KWD 4.66 million for 2014, …
Photo archive
24 May 2015 01:39 PM Kuwait’s Alargan seeks to double profits by 2020
Alargan International Real Estate seeks to double profits by 2020, said Khaled Al Mashaan, vice chairman and CEO.The company's earnings of KWD 46 million from selling stakes in an affiliate in Saudi Arabia have been partially directed towards …
Photo archive
24 May 2015 11:25 AM Alargan raises dividend payout to 20%
Written by: Ahmed AwaadAlargan International Real Estate shareholders gave a nod to increasing the dividend payout for 2014 from 7% (KWD 7 fils per share) to 20% (KWD 20 fils per share), according to a bourse statement on Sunday.The Kuwait-listed …
Photo Credit: Arabianeye-Reuters
17 May 2015 10:07 AM Alargan Q1 profits rise to KWD 577,160
Kuwait-Mubasher: Alargan International Real Estate Company reported a slight rise of 1% in profits to KWD 577,160 ($1.91million) during the first quarter of 2015, compared to KWD 572,320 ($1.89 million) during the same quarter of 2014, according …
.
2 May 2015 01:54 PM Kuwait's Alargan earns KWD 26m from divestiture in KSA
Kuwait-Mubasher: Kuwait's Alragan International Real Estate said a wholly-owned investment fund finished the sale of its remaining share in a Saudi partner company at a total value of SAR 521.32 million (around KWD 41.6 million).The company earned …
Photo Credit: Arabianeye-Reuters
29 March 2015 09:16 AM Al-Argan profits soar by 20.5% in FY14
Al-Argan International Real Estate recorded a growth of 20.5% in its earnings of the fiscal year 2014, posting KWD 4.66 million ($15.52 million) compared to KWD 3.86 million ($12.85 million) in 2013.Al-Argan’s net profit increased to KWD 2.94 …
Photo Credit: Arabianeye-Reuters
26 March 2015 07:57 AM KSE investors to see key events Thursday
Shareholders of KSE-listed firms are awaiting major events on Thursday, as the ordinary general meeting (OGM) of Ooredoo will discuss the recommended cash dividends of 70% or 70 fils per share.The OGM of Aqar Real Estate Investments Company will …
Photo Credit: Arabianeye-Reuters
22 March 2015 10:38 AM Kuwait’s Alargn makes $102m from Saudi divestiture
Kuwait-Mubasher: Alargan International Real Estate Co. announced generating SAR 359 million ($102 million) from the exit of wholly-owned fund from an investment in Saudi Arabia.Alargan’s CEO Khaled Al-Mashaan said earlier his company seeks to take …
Photo Credit: Arabianeye-Reuters
17 March 2015 03:47 PM Alargan plans to expand in new markets - CEO
By: Ahmad Awad Kuwait-Mubasher: Alargan International Real Estate seeks to take full advantage of new income-generating investments in new markets, including the Middle East and North Africa (MENA) region, said Alargan Vice Chairman and CEO …
Photo Credit: Arabianeye-Reuters
5 February 2015 11:10 AM Alargan Company sells $9.18m bonds
Alargan International Real Estate Company has announced the selling of 542 bonds out of 2,000 bonds. The Company highlighted that the sold bonds are amounted to KWD 2.71 million ($9.18 million). Meanwhile, the fair value per share posted KWD 5, …
28 December 2014 01:47 PM Alargan divests stake in Saudi fellow for $150m
Kuwait - based Alargan International Real Estate said it has divested a 27% stake in a sister company operating in Saudi Arabia. The company has divested its stake in return for SAR579.24 million (KWD45 million - $150 million), said a …
21 December 2014 11:43 AM Alargan mulls to divest 27% stake in Saudi fellow
Kuwait - based Alargan International Real Estate stated that it's in the middle of negotiations to divest 27.583% stake in Saudi sister company.ARGAN operates within the real estate sector focusing on diversified real estate activities. …
11 December 2014 00:27 PM CI affirms Alargan's bond rating at 'BBB-'
Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the 'BBB-' Rating of the KWD26.5mn five-year bond issued by Alargan International Real Estate Company (ARE) in April 2012.The …
14 August 2014 04:33 PM Alargan net profit slides to KWD 1.16 mln in H1
Alargan International Real Estate reported interim financial statements for first half of fiscal year 2014 that reflected KWD 1.16 million net profit ,compared with KWD 1.43 million in the corresponding period of previous year up by …