Kuwait – Mubasher: The ordinary general meeting (OGM) of Global Investment House on Thursday approved distributing a total of KWD 22.9 million as cash dividends to the entitled shareholders, according to a recent statement. The dividends will be …
Dubai – Mubasher: Arabtec Holding has obtained the regulatory approval for its share capital reduction from AED 6.1 billion to AED 1.5 billion, according to a bourse statement. The entitlement date will be 22 June, while the ex-date will be on 28 …
Cairo - Mubasher: The listing committee of the Egyptian Exchange (EGX) has approved raising both the issued and authorized capital of Porto Group Holding from EGP 455.9 million to EGP 501.5 million through the issuance of bonus shares. The …
Cairo – Mubasher: Oriental Weavers Group said Wednesday that it has decided to transfer the ownership of 6.6 million shares in Oriental Weavers Company – US in preparation for writing them off. The company will cut the issued capital from EGP 450 …
Dubai – Mubasher: Arabtec Holding obtained the regulatory approval to start trading on its new shares on Wednesday, 21 June, according to a bourse statement. The developer’s board had earlier approved the increase of Arabtec’s share capital from …
Kuwait – Mubasher: Independent Petroleum Group (IPG) said that the subscription period for raising its capital by KWD 3.62 million has ended. IPG offered 36.16 million shares for subscription to raise the capital to KWD 18.84 million from KWD …
Dubai – Mubasher: Emaar Properties has appointed Amit Jain as its new CEO, according to a bourse statement issued on Wednesday. The company clarified that Jain will be the CEO of Emaar Properties and its subsidiaries. It added that he is also …
Doha – Mubasher: Qatar is currently taking legal procedures to open the routes for Qatari flights, Al Arabiya Channel said via its Twitter account, citing Qatar's minister of foreign affairs Mohammed bin Abdulrahman Al-Thani as saying. Doha is …
Cairo – Mubasher: Oriental Weavers’ stock saw a block transaction worth EGP 43.13 million, the Egyptian Exchange (EGX) said on Tuesday. The transaction was carried out on around 6.59 million shares (EGP 6.54 per share), the EGX added.
Dubai – Mubasher: Arabtec Holding said its board approved the increase of its capital by AED 1.5 billion through the issuance of 1.5 billion shares at AED 1 per share, according to a bourse statement. The board gave a nod to list the new shares on …
Kuwait – Mubasher: The ordinary general meeting (OGM) of Qurain Petrochemical Industries approved distributing 11% of capital as cash dividends for the fiscal year ended 31 March 2017. The company will pay 11 fils per share to the entitled …
Dubai – Mubasher: Drake and Scull International (DSI) proceeded with the final preparations to get the approval of the Securities and Commodities Authority (SCA) to start its 75% share capital reduction, according to a bourse statement. The share …
Kuwait – Mubasher: The ordinary general meeting (OGM) of Boubyan Petrochemical approved distributing 40% of capital as cash dividends for the fiscal year ended 30 April 2017. The company will pay 40 fils per share as dividends, according to a …
Dubai – Mubasher: Al Ramz Capital has been appointed as a liquidity provider (LP) for Union Properties’ (UP) shares after obtaining approvals from the Dubai Financial Market (DFM) and signing the agreement in June 2017. Al Ramz Capital was …
Kuwait – Mubasher: The ordinary general meeting (OGM) of National Petroleum Services (Napesco) approved distributing 73.53% of capital as bonus shares for fiscal year 2016. Napesco will distribute 73.58-for-100 shares, with a total of 42.39 …
Cairo - Mubasher: The Listing Committee of the Egyptian Exchange (EGX) has approved the capital increase of Madinet Nasr Housing and Development Company (MNHD) from EGP 500 million to EGP 1 billion. In a statement issued on Wednesday, the EGX …
Kuwait – Mubasher: The ordinary general meeting (OGM) of Kuwait Hotels approved distributing 5% of capital as cash dividends for fiscal year 2016. The company will pay 5 fils per share as dividends for FY16, according to a bourse filing issued on …
By: Mahmoud Gamal Dubai – Mubasher: The stock of DXB Entertainments on Wednesday rose in line with the company’s disclosure of a new management structure. By 10:45 am UAE time, the stock went up 6% to reach AED 0.795 after 34.45 million shares …
Dubai – Mubasher: Emirates NBD, a leading bank in the region, on Tuesday announced the appointment of Maryam Bahlooq as CEO of Tanfeeth, a fully-owned subsidiary of the Emirates NBD Group. Bahlooq is the first female UAE National to hold this …
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 …
Cairo – Mubasher: The Export Development Bank of Egypt (EBE) has filed with the Egyptian Exchange (EGX) to raise its authorised capital from EGP 2 billion to EGP 5 billion. The bourse is studying the received documents to submit them to the …
Kuwait – Mubasher: The board members of United Projects for Aviation Services Company (UPAC) approved raising the capital by 31.75%. The company will issue 31.75 million shares at a value of 630 fils per share, according to a bourse filing issued …
Riyadh – Mubasher: Al Marai’s board of directors has recommended to increase the company’s capital by 25% to SAR 10 billion from SAR 8 billion via distributing 1-for-4 bonus shares. Thus, the number of shares will increase from 800 million to 1 …
Dubai – Mubasher: The Securities and Commodities Authority (SCA) approved Orient UNB Takaful’s application for the registration and subsequent listing on the securities markets under local companies, according to a statement. There are currently …
Cairo – Mubasher: Prime Holding chairman Shireen Abdel Raouf Mohamed Alkady has reduced its stake in the company from 11.39% to 0.00686%. Alkady sold 8.29 million shares for EGP 40.65 million at a price of EGP 4.9 per share, according to a bourse …
