Cash Dividends

Al Ezz Dekheila Steel posted an EGP 2.5 billion in standalone profits for FY18
19 March 12:54 PM Al Ezz Dekheila Steel FY18 profit hikes 79%
Cairo – Mubasher: Al Ezz Dekheila Steel – Alexandria on Tuesday reported a 78.6% year-on-year growth in its consolidated profits for full-year ended 31 December 2018. The iron and steel company achieved a profit of EGP 647.35 million last year, …
Net profit stood at EGP 1.05 billion in 2018
19 March 12:21 PM EFG Hermes FY18 profit slips 15%
Cairo – Mubasher: EFG Hermes on Tuesday reported a 15% year-on-year decrease in its consolidated profits for fiscal year ended 31 December 2018. Net profit stood at EGP 1.05 billion during the period between January and December 2018, versus EGP …
The Kuwaiti lender’s EGM approved raising capital to 6.977 billion shares
19 March 12:14 PM KFH’s OGM approves KWD 125m dividends for 2018
Mubasher: Kuwait Finance House (KFH) on Tuesday announced that its shareholders had approved distributing a cash dividend of 20% of the share’s nominal value, or 20 fils per share, with a total value of KWD 125.1 million for 2018 during an …
Earnings shrank to KWD 1.88 million ($6.2 million) in Q4-18
19 March 10:39 AM Combined Group logs KWD 5m profit in FY18; dividends proposed
Mubasher: Combined Group Contracting reported a decline of 35.8% in profits during the fourth quarter of 2018 compared to the same period a year ago. Earnings shrank to KWD 1.88 million ($6.2 million) in Q4-18 from KWD 2.93 million ($9.7 million) …
The firm’s capital will increase by 20% to SAR 600 million
19 March 10:37 AM Aldrees OKs SAR 1/shr dividends for 2018, capital hike
Riyadh – Mubasher: Aldrees Petroleum and Transport Services Company on Tuesday announced that its shareholders had approved distributing cash dividends for the full fiscal year 2018 and raising capital via bonus shares issue during …
Losses amounted to KWD 450,000 ($1.48 million) in Q4-18
18 March 03:50 PM Tamdeen Investment FY18 profits up 10%; dividends proposed
Mubasher: Tamdeen Investment incurred a loss of 71.3% during the fourth quarter of 2018 compared to the same period last year. Losses amounted to KWD 450,000 ($1.48 million) in Q4-18 compared to KWD 1.57 million ($5.17 million) in Q4-17, according …
The company’s OGM also named Abdullah Al-Subaie as its chairman
18 March 12:37 PM Al Meera’s OGM approves QAR 170m dividends for 2018
Mubasher: Al Meera Consumer Goods announced that its shareholders had approved distributing a cash dividend of 85% of the share’s nominal value, or QAR 8.5 per share, with a total value of QAR 170 million for 2018 during an ordinary general …
Cash dividend worth $30 million will be distributed
18 March 11:21 AM No price adjustment on GFH stock after bonus issue
Mubasher: GFH Financial Group announced that its ordinary general meeting (OGM) has received confirmation from Bahrain Bourse (BHB), the Dubai Financial Market (DFM), and Boursa Kuwait over the price of its stock. The three stock exchanges, on …
The decrease in FY18 losses is attributed to higher operating revenues
17 March 11:09 AM Gulf Franchising losses shrink 82% in Q4
Mubasher: Gulf Franchising Holding registered a decline of 82.6% in losses during the fourth quarter of 2018 compared to the same period a year ago. Losses narrowed to about KWD 264,120 ($870,300) in Q4-18 from approximately KWD 1.52 million …
QAMCO's EGM approved the split of the share’s nominal value to QAR 1
14 March 11:46 AM QAMCO’s OGM nods to interim cash dividend
Mubasher: Qatar Aluminium Manufacturing (QAMCO) on Thursday announced approving an interim cash dividend distribution concurrently with the disclosure of financial results for the first quarter of 2019 during an ordinary general meeting (OGM) held …
The shareholders also nodded to distribute a cash dividend of 27.38% for the full-year 2018
14 March 11:26 AM ADIB appoints new board of directors
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) on Thursday announced that its shareholders have approved appointing a new board of directors. “We are pleased to announce ADIB’s new Board of Directors, with strong representation from the …
Net profit amounted to EGP 180.53 million last year
13 March 02:06 PM Raya Contact Center FY18 profits up 14%; proposes EGP 0.85/shr dividends
Cairo – Mubasher: Raya Contact Center on Wednesday reported a 14% year-on-year increase in consolidated profits for the full-year ended 31 December 2018. Net profit amounted to EGP 180.53 million last year, versus EGP 158.5 million in 2017, …
Total assets of the group have increased by AED 2.55 billion 2018
13 March 11:38 AM Dubai Investments recommends 10 fils/shr dividends for 2018
Dubai – Mubasher: Dubai Investments announced that its board has recommended distributing 10 fils per share as dividends for the full-year 2018. This represents 10% of the capital, worth a total AED 425.2 million, the company said in a statement …
Mesaieed’s capital reaches QAR 12.56 billion
13 March 10:51 AM Mesaieed Petrochemical’s OGM nods to QAR 1bn cash dividends
Mubasher: Mesaieed Petrochemical Holding on Wednesday announced that its shareholders have approved distributing a cash dividend of 8% of the share’s nominal value, or QAR 0.8 per share, with a total value of QAR 1.01 billion for 2018 during an …
HEISCO reported a growth of 58.89% in profits in FY18
12 March 03:44 PM HEISCO records KWD 10m profits in FY18; dividends proposed
Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) achieved a surge of 62.15% in profits during the fourth quarter of 2018 compared to the same period a year ago. Earnings increased to KWD 2.54 million ($8.37 million) in Q4-18 from …
Earnings shrank to about KWD 746,840 ($2.46 million) in Q4-18
12 March 01:44 PM Jiyad FY18 profits soar 112%; bonus proposed
Mubasher: Jiyad Holding Co achieved an increase of 112% in profits to KWD 1.78 million during fiscal year 2018 compared to about KWD 837,390 in the same period a year ago. During the fourth quarter of 2018, Jiyad posted a decrease of 10% in …
The board has also approved 5% as bonus shares
12 March 11:50 AM RAK Ceramics’ board OKs distributing 15 fils/shr for 2018
Abu Dhabi – Mubasher: RAK Ceramics on Tuesday announced that its general assembly has approved distributing cash dividends worth 15 fils per share for the year ended 31 December 2018. The board has also approved 5% as bonus shares, according to …
Operating revenues of Integrated increased by 5.41% in 2018
12 March 11:14 AM Integrated logs KWD 17m profits in FY18; 40% dividends proposed
Mubasher: Integrated Holding Co posted a decrease of 26.19% in profits during the fourth quarter of 2018 compared to the same period in the prior year. Earnings declined to KWD 3.18 million ($10.5 million) in Q4-18 from KWD 4.3 million ($14.2 …
Noor Financial recommended 5% cash dividends
12 March 10:58 AM Noor Financial FY18 profits surge 775%; dividends proposed
Mubasher: Noor Financial Investment achieved a positive turn in financials during the fourth quarter of 2018 compared to the same period a year ago. Earnings totalled KWD 16.27 million ($53.61 million) in Q4-18 against losses of KWD 1.75 million …
The Qatari firm’s capital reaches QAR 315 million
12 March 10:52 AM Qatar Oman Investment’s OGM nods to 3% cash dividends
Mubasher: Qatar Oman Investment on Tuesday announced that its shareholders have approved distributing a cash dividend of 3% of the share’s nominal value, or QAR 0.30 per share, with a total value of QAR 9.45 million, for 2018 during an ordinary …
The bank will distribute a total cash dividends of AED 8 billion
11 March 03:40 PM FAB to distribute AED 8bn dividends on 17 March
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) announced that it will start distributing the cash dividends for the full-year 2018 on 17 March. The UAE’s largest lender by assets will distribute a total cash dividend of AED 8 billion, or 74 fils …
Salhia closed Monday’s session at 345 fils
11 March 02:46 PM Salhia Real Estate to pay 20 fils/shr dividends for FY18
Mubasher: The ordinary general meeting (OGM) of Salhia Real Estate approved the board’s recommendation to distribute 20% of the capital as cash dividends for fiscal year 2018. Salhia Real Estate will pay 20 fils per share to the entitled …
GBK registered a rise in gross loans portfolio to KWD 4.2 billion in FY18
11 March 02:33 PM GBK nods to 10% dividends for FY18
Mubasher: The Gulf Bank of Kuwait (GBK) announced that its ordinary general meeting (OGM) on Monday approved the board’s recommendation of distributing 10% of the share’s capital as cash dividends for fiscal year 2018. GBK will pay 10 fils per …
Al Mazaya recommended not to distribute dividends
11 March 01:29 PM Al Mazaya logs KWD 5m profits in FY18
Mubasher: Al Mazaya Holding reported a decline of 18.4% during the fourth quarter of 2018 compared to the same period last year. Earnings shrank to KWD 283,000 ($932,500) in Q4-18 from KWD 347,000 ($1.14 million) in Q4-17, according to a bourse …
Jarir Marketing last reported a 10.64% year-on-year increase in profits during the full-year 2018
11 March 09:45 AM Jarir to distribute SAR 282m dividends for Q4-18
Riyadh – Mubasher: Jarir Marketing Company’s board of directors on Monday decided to distribute SAR 282 million cash dividends, or SAR 2.35 per share, for the fourth quarter of 2018. Distributions represent 23.5% of the share’s par value, …