National Industries Group Holding (NIND)

Mubasher: The consolidated net profit after tax and directors’ remuneration of National Industries Group Holding (NIG) surged to KWD 46.77 million in 2023 from SAR 33.92 million a year earlier. Revenues from sales and contracts with customers …

Mubasher: National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has appointed Saad Mohammed Al Saad as the company's Chairman. The company has also named Sulaiman Hamad Al Dalali as Vice Chairman, …

Mubasher: The extraordinary general meeting (EGM) of National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has approved an increase in the authorised, issued, and paid-up capital to KWD 300 million from …

Mubasher: Noor Financial Investment has paid off the last installment worth KWD 1.5 million ($5 million) in a loan granted by its parent company National Industries Group Holding. In 2018, National Industries Group gave Noor Financial Investment a …

Mubasher: National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, turned to net losses of KWD 52.21 million in 2020 ($173.17 million), versus net profits of KWD 46.35 million ($153.76 million) in 2019. The …

Mubasher: Capital Intelligence Rating has affirmed the ratings of KWD 25 million senior unsecured bond and KWD 30 million senior unsecured bond of National Industries Group Holding at 'BBB' and 'BBB-', respectively, with a negative outlook. The …

Mubasher: National Industries Group Holding incurred KWD 64.145 million net losses in the first half (H1) of 2020, against net profits of KWD 43.205 million in the same half of 2019. The net losses are caused by a decline in sales amounting to …

Mubasher: National Industries Group Holding’s general assembly approved the recommended cash dividends distribution of KWD 14.28 million ($46.2 million) or 10 fils per share for 2019, equivalent to 10% of the share’s nominal value. The dividends …

Mubasher: The net profit of National Industries Group Holding skyrocketed by 134% year-on-year (YoY) during the fiscal year (FY) 2019 to stand at KWD 46.35 million, compared with KWD 19.84 million. The growth in the annual profit was driven by …

Mubasher: The KWD 30 million ($98.6 million) denominated bonds issue of National Industries Group Holding was successfully concluded. The five-year bonds were fully oversubscribed, according to a press release on Tuesday.  The announcement was …

Mubasher: The National Industries Group Holding has successfully issued non-guaranteed bonds worth KWD 30 million (approx. $98.7 million) on Tuesday, 11 February. The bonds will be matured in five years in 2025, according to a bourse statement on …

Mubasher: The KWD 30 million ($98.9 million) senior unsecured bonds issue of National Industries Group Holding, listed on Boursa Kuwait and Dubai Financial Market (DFM), was assigned a ‘BBB-’ initial rating by Capital Intelligence Ratings (CI …

Mubasher: Mabanee Co, among a consortium of Kuwaiti companies, received a letter of notification on Monday from the Public Authority for Housing Welfare awarding the investment opportunity “J3” in Jaber Al Ahmad Residential City. As …

Mubasher: The National Industries Group Holding turned to losses during the third quarter (Q3) of the year, as shown by the company’s financial statements on Wednesday. Losses amounted to KWD 7.39 million ($24.40 million) in Q3-19 compared with …

Mubasher: Capital Intelligence assigned an initial provisional rating of 'BBB-' to the upcoming senior unsecured bond issue of the National Industries Group Holding, with a 'Stable' outlook. The five-year bond issue is valued at KWD 30 million and …

Mubasher: The Capital Markets Authority (CMA) in Kuwait approved for the National Industries Group Holding, on 1 October, on the private offering prospectus for the issuance of up to KWD 30 million ($99 million) worth of bonds. The company, dually …

Mubasher: The National Industries Group Holding has received approval from Kuwait’s Capital Markets Authority (CMA) to issue debt securities in the form of bonds at a nominal value not exceeding KWD 30 million ($99 million). These bonds should …

Mubasher: The National Industries Group Holding achieved a surge of 153.7% in profits during the second quarter of 2019, compared to the corresponding period last year. The profits of the dual-listed company stood at KWD 16.213 million ($53.4 …

Mubasher: National Industries Group Holding reported a 45.7% year-on-year profit hike in the first quarter of 2019. The group’s profits reached KWD 26.992 million ($89 million) in Q1-19, compared to KWD 18.516 million ($61 million) in Q1-18, …

Mubasher: National Industries Group Holding’s shareholders approved the board’s recommendation to distribute KWD 16.32 million ($53.8 million) at 12 per share as cash dividends for 2018 during a general assembly meeting held on Thursday. The …

Mubasher: National Industries Group Holding, which is listed on Boursa Kuwait and the Dubai Financial Market (DFM) on Sunday reported turning to losses during the fourth quarter of 2018, against generating profits in the year-ago period. The group …

Mubasher: National Industries Group Holding achieved a surge of 248% in profits during the third quarter of 2018 compared to the same period a year ago. Earnings leaped to KWD 7.36 million ($24.27 million) in Q3-18 from KWD 2.12 million ($6.99 …

Mubasher: National Industries Group Holding registered an increase of 205.7% in profits during the second quarter of 2018 compared to the same period in the prior year. Earnings rose to KWD 6.39 million ($21.13 million) in Q2-18 from KWD 2.09 …

Mubasher: National Industries Group Holding achieved a surge of 490% in profits during the first quarter of 2018 compared to the same period in the previous year. Earnings jumped to KWD 18.52 million ($61.43 million) in Q1-18 from KWD 3.14 million …

Mubasher: The ordinary general meeting (OGM) of National Industries Group Holding approved the board’s recommendation to distribute 10% of the capital as cash dividends for fiscal year 2017. National Industries, which is listed on both Boursa …