Al Mazaya Holding (MAZAYA) News - Mubasher Info
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Al Mazaya Holding (MAZAYA)

Last update: 20 June 12:10 PM market time.
1.71
-0.18
-9.52%
Open 1.71
Previous Close 1.89
High 1.71
Low 1.71
Stock Statistics
Volume 285
Turnover 487.35
All data are 15 minutes late during market session

News

Photo Archive
6 February 2022 10:05 AM Al Mazaya turns to profitability in 2021
Mubasher: Al Mazaya Holding has achieved KWD 406,108 net profits attributable to the shareholders in 2021, against net losses of KWD 8.48 million in the previous year, according to the company's consolidated financials for the year ended 31 …
The company's revenues decreased to KWD 9.472 million
11 November 2021 10:09 AM Al Mazaya turns to profitability in 9M
Mubasher: Al Mazaya Holding reported net profits attributable to the shareholders of KWD 148,200 during the first nine months of 2021, against net losses of KWD 5.266 million in the same period of 2020, according to the company's unaudited interim …
The board has also agreed on setting off the entire accumulated losses
26 September 2021 11:23 AM Al Mazaya's First Dubai Real Estate sells stake in Saudi subsidiary
Mubasher: The board of First Dubai Real Estate Development Company, a subsidiary of Al Mazaya Holding, has approved to sell all shares of a subsidiary company in Saudi Arabia in exchange for KWD 15.5 million. The board has also agreed on setting …
The company's revenues decreased to KWD 6.354 million
4 August 2021 01:38 PM Al Mazaya Holding turns to profitability in H1-21
Mubasher: The net profits attributable to the shareholders of Al Mazaya Holding recorded KWD 84,233 during the first half (H1) of 2021, against net losses of KWD 4.949 million in the year-ago period, as shown by the company's interim consolidated …
The transaction is valued at KWD 10.5 million
1 June 2021 03:02 PM Kamco Invest completes 24% stake exit in Al Mazaya Holding on behalf of client
Mubasher: Kamco Invest has completed the exit of a 24% stake in Al Mazaya Holding on behalf of a client at a total value of around KWD 10.5 million. The Special Situations Asset Management, in collaboration with Investment Banking, at Kamco Invest …
The deal is priced at KWD 0.063 per share
31 May 2021 01:41 PM Al Mazaya Holding announces off-market trade on 60m shares
Mubasher: Bait Al-Amar Al-Khaleeji General Trading and Contracting has purchased 60.029 million shares of Al Mazaya Holding from Gimbal Holding Company through an off-market trade. The deal is priced at KWD 0.063 per share, aggregating at a total …
The transaction is valued at KWD 0.063
24 May 2021 04:06 PM Al Mazaya Holding announces off-market trade on 80m shares
Mubasher: Bait AL-Amar Al-Khaleeji General Trading and Contracting has purchased 80 million shares of Al Mazaya Holding from Gimbal Holding Company in an off-market trade. The transaction is valued at KWD 0.063, aggregating at a total amount of …
The facility will enable the company to reprofile its outstanding facility
20 May 2021 04:30 PM Al Mazaya Holding inks KWD 24m credit facility contracts
Mubasher: Al Mazaya Holding has signed KWD 24.488 million ($81.21 million) credit facility contracts with a Kuwaiti bank to restructure its debt. The credit facility will enable the company to reprofile its original outstanding facility of KWD …
The deal was priced at 70 fils per share
20 May 2021 01:46 PM Al Mazaya Holding completes off-market trade for 25m shares
Mubasher: Al Mazaya Holding has announced the execution of an off-market trade for 25 million of its shares on Boursa Kuwait. The deal was priced at 70 fils per share, aggregating at a total amount of KWD 1.75 million ($5.83 million), according to …
The basic EPS settled at 0.07 fils in Q1-21
27 April 2021 00:43 PM Al Mazaya Holding turns to profitability in Q1-21
Mubasher: Al Mazaya Holding has reported KWD 41,649 net profits attributable to the shareholders of the parent company during the first quarter (Q1) of 2021, against net losses of KWD 3.46 million in the year-ago period, according to the company's …
The capital will be reduced to KWD 62.956 million
26 April 2021 11:12 AM Al Mazaya's EGM approves 8.5% capital cut
Mubasher: The extraordinary general meeting (EGM) of Al Mazaya Holding has approved to decrease the capital at a nominal value of treasury shares, amounting to KWD 5.872 million, by 8.53%. The capital will be reduced to KWD 62.956 million from …
The agreement will not have an impact on the company's financial position
31 March 2021 09:57 AM Al Mazaya's board approves KWD 24m facility agreement with Kuwaiti bank
Mubasher: The board of Al Mazaya Holding has approved to sign a facility agreement worth KWD 24.488 million with a Kuwaiti bank to restructure the original outstanding facility of KWD 22.7 million. The first payment is due upon signing the final …
The company's accumulated losses represent 5.42% of the capital
22 February 2021 03:07 PM Al Mazaya's OGM agrees to extinguish KWD 4m accumulated losses
Mubasher: The ordinary general meeting (OGM) of Al Mazaya Holding has approved to write off the accumulated losses valued at KWD 3.73 million as of 31 December 2020. The company's accumulated losses, which represent 5.42% of the capital, will be …
The losses are mainly driven by the coronavirus (COVID-19) pandemic
1 February 2021 09:54 AM Al Mazaya reports 3% lower losses in 2020
Mubasher: Al Mazaya Holding reported an around 3% decline in net losses attributable to the parent company's shareholders to KWD 8.48 million in 2020, compared to KWD 8.77 million in 2019, according to the company's consolidated financial results …
The company's revenues increased to KWD 16.51m
5 November 2020 10:10 AM Al Mazaya sees higher losses in 9M
Mubasher: Al Mazaya Holding, listed on Boursa Kuwait and the Dubai Financial Market (DFM), incurred KWD 5.27 million net losses attributable to the shareholders of the parent company in the first nine months of 2020, up from KWD 3.91 million in …
The basic losses per share stood at 7.89 fils
13 August 2020 02:40 PM Al Mazaya turns to losses in H1-20
Mubasher: The consolidated financial results of Al Mazaya Holding, listed on Boursa Kuwait and the Dubai Financial Market (DFM), showed KWD 4.95 million ($16.21 million) net losses attributable to the shareholders of the parent company in the …
The initiative involves postponing and reducing rent fees
2 July 2020 00:03 PM Al Mazaya subsidiaries offer rent incentives against COVID-19
Mubasher: Al Mazaya Holding, listed on Boursa Kuwait and the Dubai Financial Market (DFM), announced that some of its subsidiaries have adopted an incentives package to support tenants and real estate investors affected by the coronavirus …
The cash sum amounts to AED 40 million (KWD 3.4 million)
11 May 2020 10:25 AM Al Mazaya’s unit sells property in Dubai for AED 77m
Mubasher: A UAE-based subsidiary of Al Mazaya Holding has signed a contract for the sale of a property in Dubai, with the price value to be paid in cash and in-kind. Upon completion of the sale procedures, the total value of the deal will near AED …
Al Mazaya's basic loss per share stood at KWD 13.98 in 2019
30 January 2020 11:39 AM Al Mazaya suffers KWD 8.8m losses in 2019
Mubasher: Al Mazaya Holding, listed on both the Dubai Financial Market (DFM) and Boursa Kuwait, incurred losses of KWD 8.768 million during fiscal year 2019, versus a net profit of KWD 5.103 million in 2018, according to the company’s annual …
The ownership transfer is subject to Boursa Kuwait’s approval
2 December 2019 03:55 PM First Dubai inks settlement deal with Al Mazaya Holding
Mubasher: First Dubai for Real Estate Development has signed a partial settlement agreement with its parent company, Al Mazaya Holding, to reduce its liability by KWD 1.341 million ($4.42 million). The reduction will be carried out in return for …
The losses are ascribed to lower other revenues
10 November 2019 09:25 AM Al Mazaya Holding incurs KWD 3.9m losses in Q3-19
Mubasher: Al Mazaya Holding, listed on both the Dubai Financial Market (DFM) and Boursa Kuwait, turned to losses during the third quarter (Q3) of 2019, as shown by the company's financial results. The losses amounted to KWD 3.91 million ($12.9 …
No financial impact shall be realised from this news
9 October 2019 05:16 PM Al Mazaya responds to news on financial status, business in Dubai
Mubasher: Al Mazaya Holding has saved KWD 7 million ($23 million) to be used for the financial liabilities of existing business and projects, and not for new projects in specific.   This announcement by Al Mazaya Holding is a response to news …
The settlement worth AED 189.5 million was funded by Al Mazaya Holding Co
3 September 2019 09:03 AM First Dubai settles AED 189.5m debts to GCC bank
Mubasher: First Dubai Real-estate Development Co, listed on Boursa Kuwait, announced it has settled its due debts to one of the GCC banks, as well as related financing charges and other due fees. The settlement worth AED 189.5 million was funded …
In the first half of 2019, the company generated profits of KWD 1.12 million
16 July 2019 09:29 AM Al Mazaya Holding Q2 profits drop 93%
Mubasher: Al Mazaya Holding posted a 92.9% year-on-year plunge in its profits for the second quarter of 2019. Profits stood at KWD 110,000 ($362,400) in the three-month period ended 30 June, versus KWD 1.55 million ($5.1 million) in Q2-18, Al …
Al Mazaya is listed on both Boursa Kuwait and the DFM
17 June 2019 04:07 PM Al Mazaya inks KWD 41.5m loan deal
Mubasher: Al Mazaya Holding has signed a credit facilities agreement with a local bank in Kuwait at a total value of KWD 41.54 million ($137 million). The company, listed on both Boursa Kuwait and the Dubai Financial Market (DFM), clarified that …