Al Salam Group Holding (ALSALAM) News - Mubasher Info
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Al Salam Group Holding

Last update: 29 December 2021 10:00 AM market time.
0.37
0.02
6.63%
Open 0.37
Previous Close 0.35
High 0.37
Low 0.37
Stock Statistics
Volume 30
Turnover 11.10
All data are 15 minutes late during market session

News

Photo Archive
22 December 2021 02:41 PM Al Salam Group's subsidiary sells equity in Priority Security
Dubai – Mubasher: Al Salam Group Holding's subsidiary, Aldossor International Company for Trading and Construction, has sold 2.2 million shares in Priority Security and Service Holding. Al Tatweer Capital Real Estate Company acquired the sold …
Photo Archive
8 October 2020 02:22 PM Al Salam Group’s unit cancels deal to sell 51.2% of House of Business
Mubasher: Aldossor International Company for Trading and Construction, a 99%-owned subsidiary of Al Salam Group Holding, has cancelled the contract to sell 51.2% of House of Business Holding company’s shares. Al Salam Group, dually-listed on the …
The sale will result in KWD 515,000 losses
4 August 2020 03:53 PM Al Salam's unit sells 51.2% stake in House of Business
Mubasher: A subsidiary of Al Salam Group Holding has sold a 51.2% stake in House of Business Holding company at a total value of KWD 3.75 million ($12.3 million). Aldossor International Company For Trading and Construction has inked an agreement …
Loss per share recorded 0.309 fils last year.
11 February 2020 04:54 PM Al Salam Group turns to loss in 2019 initial financials
Mubasher: The initial financial statements of Al Salam Group Holding showed a turn to losses over the fiscal year ended 31 December 2019 at KWD 83,328 (around $274,350), against a profit of KWD 317,946 (about $1.05 million).    Loss per share …
Loss per share was down at 0.148 fils in Q3
14 November 2019 10:53 AM Al Salam Group’s losses narrow 89% in Q3
Mubasher: Al Salam Group Holding said that the losses attributed to the shareholders of the parent company retreated by 89% to about KWD 39,873 during the third quarter ended 30 September when compared to nearly KWD 348,913 in Q3-18. The negative …
The Egyptian Exchange
15 August 2019 04:27 PM Al Salam Group’s shares on DFM, EGX exceed 40%
Mubasher: Al Salam Group Holding clarified that the shares listed on the Egyptian Exchange (EGX) total 34.039 million shares or 12.624% of the overall issued shares. Furthermore, the Kuwaiti company said that its shares listed on the Dubai …
Loss reached KWD 363,600 in 6M
8 August 2019 06:48 PM Al Salam Group turns to loss in H1-19
Mubasher: Al Salam Group Holding turned to loss during the first six months of 2019, according to a bourse statement released on Thursday. The company’s loss reached KWD 363,600 in H1-19, against KWD 61,200 profit a year earlier. Al Salam’s profit …
Al Salam Group attributed the improvement in 2018 financials to an increase in revenues of contracts
26 March 2019 11:44 AM Al Salam Group’s profit surges 94% in Q4
Mubasher: Al Salam Group Holding on Tuesday reported a 93.6% year-on-year profit hike in the fourth quarter of 2018. The group’s profits amounted to KWD 605,650 ($2 million) in Q4-18, compared to KWD 312,820 ($1.03 million) in the prior-year …
A return of 10% is expected to be realised from this tender
13 February 2019 04:32 PM Al Salam Group’s subsidiary wins KWD 8m tender
Mubasher: Al Salam Group Holding announced that its subsidiary was awarded a tender valued at KWD 7.83 million ($25.8 million), according to a bourse statement on Wednesday. The 51%-owned unit Al Sari National General Trading and Contracting won …
Ekttitab Holding’s capital amounts to KWD 31.86 million
17 September 2018 00:27 PM Al Salam Group exits Ekttitab Holding
Kuwait – Mubasher: Al Salam Group Holding has exited Ekttitab Holding, selling its 5.03% stake in the company’s capital and its unit Petro Integrated Business, according to a bourse statement. The deal’s value was not revealed. The Kuwait and …
The companies included Al Salam Group Holding
19 July 2018 01:32 PM Five DFM-listed firms deny exposure to Abraaj
Dubai – Mubasher: A new group of five companies double-listed on the Dubai Financial Market (DFM) and other markets denied on Thursday their exposure to  the ailing private equity firm Abraaj Group, once one of the developing world’s influential …
Earnings inclined to nearly KWD 332,630 ($1.11 million) in Q1-18
15 May 2018 10:34 AM Al Salam Group records leap in Q1 profits
Mubasher: Al Salam Group Holding achieved a jump of 2,561% in profits during the first quarter of 2018 compared to the same period in 2017. Earnings inclined to nearly KWD 332,630 ($1.11 million) in Q1-18 from around KWD 12,500 ($41,530) in Q1-17, …
Al Salam incurred a loss of about KWD 77,260 in FY17
3 May 2018 01:52 PM Al Salam Group to withhold FY17 dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Al Salam Group Holding approved not to distribute dividends for the fiscal year ended on 31 December 2017. Al Salam, which is listed on Boursa Kuwait, the Dubai Financial Market (DFM), and …
Al Salam closed Tuesday’s session 3.75% higher at Boursa Kuwait
13 February 2018 05:11 PM Al Salam Group incurs losses in FY17
Mubasher: Al Salam Group Holding, which is listed on Boursa Kuwait and the Dubai Financial Market (DFM), achieved a growth of 192.8% in profits to nearly KWD 318,740 ($1.06 million) during the fourth quarter of 2017 compared to nearly KWD 108,860 …
Al Salam's subsidiary has purchased a stake of 20.56% in Jiyad
1 November 2017 03:43 PM Ekttitab, Al Salam subsidiaries own controlling stakes in Jiyad
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 …
Al Salam Group profits dropped 97% in Q1-17
28 May 2017 03:53 PM Al-Salam Group OGM recommends no dividends for FY16
Cairo - Mubasher: The ordinary general meeting (OGM) of Al Salam Group Holding has recommended to the board of directors not to distribute cash dividends for 2016. The company said in a statement to the Egyptian Exchange (EGX) on Sunday that the …
Photo Credit: Arabianeye-Reuters
22 May 2017 11:37 PM Al-Madina lowers its stake in Al-Salam Holding
Dubai - Mubasher: Al Madina for Finance and Investment has reduced its stake in Al Salam Group Holding from 15.43% to 14.31%. Al Salam Group’s capital amounts to AED 100.07 million distributed over 34.03 million shares, with a nominal value of AED …
(Photo archive)
12 May 2017 05:32 PM Kuwait's Al Salam sees 97% drop in Q1 profit
Kuwait – Mubasher: Al Salam Group Holding's profits dropped 96.6% in the first quarter of 2017. Profits reached KWD 12,500 ($40,970) in Q1-17, compared to KWD 366,500 ($1.2 million) in the corresponding period of 2016. The company noted that the …
Al Salam ended Thursday’s trading session at 60 fils (Photo Credit: Arabianeye-Reuters)
23 February 2017 04:02 PM Al Salam Group Q4 financials turn profitable
Mubasher: Al Salam Group Holding achieved profits worth about KWD 108,900 ($355,630) during the fourth quarter of 2016 against losses of KWD 2 million ($6.5 million) in the same period of the previous year. During fiscal year 2016, the company, …
Tabat Al Kheir seeks to trim stake in Al Salam Group
12 January 2017 02:13 PM Tabat Al Kheir seeks to trim stake in Al Salam Group
Kuwait – Mubasher: Tabat Al Kheir said it seeks to reduce its stake in Al Salam Group Holding from 31.09% to 29.31%. Al Salam Group Holding is dual listed in both the Kuwait Stock Exchange and the Egyptian Exchange. Al Salam Group is capitalized …
Photo Credit: Mubasher
12 January 2017 10:48 AM Al Salam Group gets orders for 1.25m GDRs
By Ahmed Allam Cairo – Mubasher: The Egyptian Exchange received orders for 1.25 million Al Salam Group Holding’s global depositary receipts (GDRs), representing 36.8% of the total amount available for subscription. The bourse earlier announced …
(Photo Credit: Arabianeye-Reuters)
27 December 2016 04:30 PM EGX set GDR price of Kuwaiti Al Salam at EGP 2.6
Cairo – Mubasher: The Egyptian Exchange (EGX) set the price of the global depositary receipt (GDR) of the Kuwaiti Al Salam Group Holding at EGP 2.6. The average price in the Kuwait Stock Exchange (KSE) reached 0.0497 Kuwaiti fils, while it reaches …
The Egyptian Exchange - (Photo Credit: Arabianeye-Reuters)
25 December 2016 03:36 PM EGX to open GDRs market for Kuwait’s Al-Salam 28 December
Cairo - Mubasher: The Egyptian Exchange (EGX) said on Sunday that the global depositary receipts (GDR) special transactions market will open for the Kuwaiti Al Salam Group Holding between 28 December and 12 January. EGX added in its statement on …
The Egyptian Exchange - (Photo Credit: Arabianeye-Reuters)
25 December 2016 00:31 PM Kuwait’s Al-Salam to trade on EGX 17 January
Kuwait - Mubasher: Al Salam Group Holding said that Tuesday 17 January 2017 has been set as the date on which trade on the company’s stock will begin on the Egyptian Exchange (EGX). Al Salam Group, which is listed on both Boursa Kuwait and the …
A return of 15% is expected from this tender (Photo Credit: Arabianeye-Reuters)
25 December 2016 10:25 AM Al Salam Group unit inks KWD 1.45m deal
Kuwait – Mubasher: Al Salam Group Holding said that its subsidiary, Al Sari National General Trading and Contracting, has signed KWD 1.45 million ($4.73 million) worth tender contract. The contract has duration of three years starting from 1 …