Jiyad Holding Co (JIYAD)

Mubasher: Jiyad Holding Co achieved profits worth KWD 1.75 million ($5.64 million) in the fiscal year (FY) ended in December 2019, down by 1% when compared to KWD 1.77 million ($5.71 million) in 2018. The increase in the annual profit was backed …

Mubasher: Jiyad Holding Co posted a 58% year-on-year profit decline during the third quarter of the fiscal year 2019. The company’s profit dropped to KWD 53,760 in Q3-19, compared to KWD 127,200 in the year-ago period, according to a bourse …

Mubasher: Jiyad Holding Co. disclosed on Tuesday that the Capital Markets Authority (CMA) in Kuwait has rejected the grievance filed by the company against the authority. This grievance is related to the authority’s resolution on 29 August 2019 to …

Mubasher: Boursa Kuwait announced that it has suspended trading on the stocks of Tamkeen Holding Co and Ream Real Estate Co as they had not submitted the financial statements for the period ended on 30 June 2019. Moreover, Ithmaar Holding and …

Mubasher: Boursa Kuwait announced that trading on Jiyad Holding Co’s stock has been suspended starting 29 August 2019. The trading halt is subject to the decision by Kuwait’s Capital Markets Authority (CMA), Boursa Kuwait disclosed on Thursday. …

Mubasher: Jiyad Holding Co reported an increase of 131.9% year-on-year (YoY) in profits during the second quarter of the current year. The profits jumped to nearly KWD 420,030 ($1.39 million) in the second quarter of 2019, compared to about KWD …

Mubasher: Jiyad Holding Co has finalised a funding deal valued at $14.18 million (KWD 4.36 million) from a Gulf bank. This seven-year financing was sealed by Jiyad for a fully-owned subsidiary to fund its operating activity. Jiyad noted that the …

Mubasher: Jiyad Holding Co achieved an increase of 112% in profits to KWD 1.78 million during fiscal year 2018 compared to about KWD 837,390 in the same period a year ago. During the fourth quarter of 2018, Jiyad posted a decrease of 10% in …

Mubasher: Jiyad Holding Co recorded a 61-time jump in profits during the third quarter of 2018 compared to the same period last year. Earnings enlarged to approximately KWD 127,200 ($418,900) in Q3-18 from nearly KWD 2,020 ($6,600) in Q3-17, …

Mubasher: The commissioners board of the Capital Markets Authority (CMA) in Kuwait approved for Jiyad Holding Co’s request to list its shares on the Dubai Financial Market (DFM), according to a bourse disclosure on Thursday. In early July, the …

By: Mohamad Farouk Mubasher: The stock of Jiyad Holding Co registered an increase of 3.76% or 3 fils to reach 82.8 fils in Thursday’s early trade, the highest level in a month. By 10:28 am Kuwait time, the consumer services segment was boosted by …

Mubasher: Financial statement of Jiyad Holding Company (Jiyad) showed that the company has turned profitable for the second quarter of 2018. Net profits amounted to KWD 181,400 in Q2-18, against a loss of KWD 855,000 in Q2-17, according to the …

Mubasher: Jiyad Holding Co has submitted a new request to Kuwait’s Capital Markets Authority (CMA) to obtain an approval of listing its shares on the Dubai Financial Market (DFM), according to a bourse statement on Wednesday. In May, well-informed …

Mubasher: Jiyad Holding Co announced that it has elected a new board of directors, chaired by Ahmed Dawood Salman Al Sabah. The company has elected Abdulmohsen Shaharyan Hassan Ali to be the deputy chairman, according to a bourse statement on …

Mubasher: Jiyad Holding Co announced that the Capital Markets Authority (CMA) has declined the company’s request to list its shares on the Dubai Financial Market (DFM). The decline of the request was due to not meeting all the listing requirements …

By: Mohamad Farouk Mubasher: The stock of Jiyad Holding Co has headed the winners with a rise of 13.9% or 11.1 fils to reach 91.1 fils. By 10:40am Kuwait time, Jiyad Holding’s registered 4.47 million shares that were traded at a total value of …

Mubasher: Jiyad Holding Co has purchased a stake of 31% in Petroglobal, a Kuwaiti limited liability company (LLC), according to a bourse filing on Wednesday. The stake is valued at KWD 5.7 million ($18.9 million), while the equity rights of the …

Mubasher: Jiyad Holding Co has purchased a 99% stake in Mazaya for Buying and Selling Stocks and Bonds, a Kuwaiti limited liability company (LLC). This stake was valued at KWD 5.6 million, while the bought equity rights totalled KWD 5.65 million, …

Mubasher: Jiyad Holding Co, formerly known as Zima Holding, has purchased a 99% stake of Al Madina for selling and buying bonds and stocks. This purchase deal is worth KWD 7.2 million, according to a bourse statement issued on Tuesday. The …

Mubasher: Jiyad Holding Co, formerly known as Zima Holding, has purchased a 99% stake in Fast International Co. for a total value of KWD 5.5 million ($18.2 million). Fast has investments in a real estate firm, representing 12.5% of capital while …

Mubasher: Ekttitab Holding and Al Salam Group Holding, which are listed on Boursa Kuwait and the Dubai Financial Market (DFM) disclosed that their subsidiaries have owned a controlling stake in Jiyad Holding Co. Al Salam has announced that its …

Mubasher: Al Rawda Regional Real Estate Co has raised its ownership equity in Jiyad Holding Co, formerly known as Zima Holding, to 15.04% from 14.36%. Boursa Kuwait clarified that following this raise, Al Rawda has become the largest shareholder …

Mubasher: Zima Holding announced its intention to list its shares on the Dubai Financial Market (DFM), according to a bourse statement issued on Sunday. On 13 June, the company’s ordinary general meeting (OGM) approved listing Zima’s shares on …

Kuwait – Mubasher: The ordinary general meeting (OGM) of Zima Holding approved modifying the company’s name as well as listing Zima in stock markets outside Kuwait with a maximum participation of 40% of capital, according to a bourse filing issued …

Mubsher: Zima Holding recorded a surge of 4466% in profits to about KWD 865,230 ($2.83 million) during the fourth quarter of 2016 as compared to nearly 18,950 ($61,890) in the same period a year ago. During the fiscal year of 2016, Zima recorded a …