Tamdeen Real Estate Co KSC (TAM)

Mubasher: Tamdeen Real Estate’s Board of Directors approved on Wednesday cutting the proposed cash dividend for fiscal year (FY) 2019 to be 5% of the share’s nominal value or five fils per share. The decision comes in light of the current …

Mubasher: Tamdeen Real Estate alongside its subsidiary, Manshar Real Estate, decided to exempt tenants and investors at Souq Al Kout and Al Kout Mall from paying rent for the period of the closure in line with the directives of the government. The …

Mubasher: Tamdeen Real Estate reported an increase in net profits by 40.2% during the fiscal year (FY) 2019. The profits amounted to KWD 7.62 million by 2019 year-end, compared to KWD 5.43 million, according to a disclosure to the Kuwaiti bourse …

Mubasher: Boursa Kuwait approved to register Kuwait and Middle East Financial Investment (KMEFIC) as a market maker on the securities of Acico Industries and Tamdeen Real Estate Company. The market maker shall start performing its activity as of …

Mubasher: Tamdeen Real Estate reported an increase in net profits during the third quarter (Q3) of the year by 115.2% year-on-year (YoY). Profits amounted to KWD 665,000 ($2.19 million) in Q3-19, compared with KWD 309,000 ($1.02 million) for the …

Mubasher: Tamdeen Investment announced that its 99.9%-owned subsidiary, Tamdeen Real Estate Development, mulls raising its capital. The closed company, Tamdeen Real Estate Development, held an extraordinary general meeting (EGM) …

Mubasher: Tamdeen Real Estate Company reported a 20.3% year-on-year hike in profits during the first quarter of 2019. Tamdeen’s profits reached KWD 5.02 million ($16.55 million) in Q1-19, up from KWD 4.18 million ($13.78 million) during Q1-18, …

Mubasher: Kuwait-based Tamdeen Real Estate Company is set to complete its KWD 65 million Tamdeen Square project by the end of 2019, the company’s chairman said. The firm is working on finishing the final phase of interior finishes of the …

Mubasher: Tamdeen Real Estate Company’s shareholders approved the board’s proposal to distribute KWD 4.185 million at 10 fils per share as cash dividends for the full fiscal year of 2018 during a general assembly meeting held on Sunday. …

Mubasher: Tamdeen Real Estate posted a decrease of 78.4% in profits to KWD 309,000 ($1.02 million) in the same quarter of 2018 from KWD 1.43 million ($4.71 million) in the same period of 2017. During the nine-month period 2018, profits declined by …

Mubasher: Tamdeen Real Estate reported a drop of 55% in profits during the second quarter of 2018 compared to the same period in the previous year. Earnings declined to KWD 468,000 ($1.55 million) in Q2-18 from KWD 1.04 million ($3.43 million) in …

Mubasher: Tamdeen Real Estate reported a decrease of 30.6% in profits during the first quarter of 2018 compared to the same period in the previous fiscal year. Earnings shrank to KWD 4.18 million ($13.89 million) in Q1-18 from KWD 6.02 million …

Mubasher: The shareholders of Tamdeen Real Estate approved the board’s recommendation to distribute 12% of the capital as cash dividends for fiscal year 2017. Tamdeen Real Estate will pay a cash dividend of 12 fils per share on 10 May to the …

Mubasher: Tamdeen Real Estate posted a decline of 32.8% in profits during the second quarter of 2017 compared to the same period a year ago. Earnings shrank to KWD 1.04 million ($3.43 million) in Q2-17 from KWD 1.55 million ($5.12 million) in …

Kuwait - Mubasher: Tamdeen Real Estate has sold its stake in Fucom Central Markets for a total KWD 2.27 million. It is worth noting that Tamdeen owned a 25.17% of the Fucom’s capital, according to the company’s statement to Boursa Kuwait on …

Kuwait – Mubasher: Tamdeen Real Estate, listed in the Kuwaiti bourse, notched up profits by 7.5% in the first quarter of 2017, compared to the same period in 2016. Tamdeen’s Q1 profits amounted to KWD 6.02 million ($19.72 million), a rise from KWD …

Kuwait - Mubasher: Kuwait Financial Centre (Markaz) and Tamdeen Real Estate on Wednesday announced the dates for their ordinary general meetings (OGM), which will discuss dividends for 2016. Markaz’s OGM is set to discuss a cash dividend …

Kuwait - Mubasher: Tamdeen Real Estate on Tuesday said it incurred losses in the fourth quarter which ended on 31 December 2016 compared to the same period in 2015. Losses for Q4-16 amounted to KWD 849,000 ($2.77 million) against profits worth KWD …

Kuwait – Mubasher: Tamdeen Real Estate posted on Tuesday a net profit of KWD 1.06 million ($3.48 million) for the third quarter of fiscal 2016, 5% down from KWD 1.12 million ($3.67 million) for Q3-15. Net profit for the first nine months of 2016 …

Kuwait-Mubasher: Tamdeen Real Estate's profits retreated 40.5% year-on-year to KWD 1.56 million ($5.17 million) in the second quarter of 2016 from KWD 2.62 million ($8.68 million). The company achieved KWD 7.15 million profits in H1-16 compared to …

Kuwait-Mubasher: The benchmark index of Kuwait Stock Exchange (KSE) levelled up 0.24% to reach 5,381.8 points by 9:15 am Kuwait time. The weighted index gained 0.16% to reach 358.85 points. Similarly, Kuwait-15 index rose by 0.12%. KSE’s liquidity …

Kuwait-Mubasher: Tamdeen Real Estate achieved profits worth about KWD 5.6 million ($18.56 million) in the first quarter of 2016, compared to KWD 5.28 million ($17.5 million) in the same period of 2015; an increase of 6.1%. The growth in Q1 …

Kuwait-Mubasher: Tamdeen Real Estate posted an increase by 8.5% in its fourth-quarter profits, according to a bourse statement. Profits reached KWD 856,000 ($2.84 million) in Q4-15, compared to KWD 788,700 ($2.62 million) in Q4-14. Annual profits …

Kuwait-Mubasher: Tamdeen Real Estate said that the Capital Markets Authority (CMA) approved the company’s request of buying and selling 10% or less of its shares for six months starting on 1 December. Tamdeen has posted KWD 9.01 million ($29.61 …

Kuwait-Mubasher: Tamdeen Real Estate showed a growth of 36.3% to KWD 9.01 million ($29.61 million) in the first nine months as compared to KWD 6.61 million ($21.72 million) in the same period of 2014. A rise in net investment revenues boosted the …