Board of Directors

QNB Al Ahli to hike capital, split shares
16 January 12:32 PM QNB Al Ahli to hike capital, split shares
Cairo – Mubasher: QNB Al Ahli’s board has recommended raising the bank’s issued capital by EGP 979.4 million to EGP 10.77 billion from its current EGP 9.79 billion. The capital hike will be carried out through a bonus share issue at a ratio of 1 …
Burgan bank closed Sunday’s session 0.7% lower at 282 fils
23 December 2018 03:38 PM Burgan Bank approves capital hike to KWD 400m
Mubasher: Burgan Bank announced that its extraordinary general meeting (EGM) approved the board’s recommendation to increase the authorised capital to KWD 400 million from KWD 250 million, according to a press release on Sunday. This capital raise …
The credit facilities will be raised to KWD 2.85 million
23 December 2018 10:04 AM Metal and Recycling to raise credit facilities to KWD 3m
Mubasher: The board members of Metal and Recycling approved, during their meeting on 20 December, to increase the credit facilities granted from the Industrial Bank of Kuwait. The credit facilities will be raised to KWD 2.85 million instead of KWD …
Integrated Holding closed Wednesday’s session 0.23% lower
19 December 2018 03:54 PM Integrated Holding’s official exits 11m shrs equity
Mubasher: Integrated Holding Co announced that its deputy chairman and CEO Jassim Mustafa Boodai has sold an equity in the company on Monday through ownership transfer. Boodaai has sold 11.05 million shares in Integrated Holding, according to a …
The new board includes Mohammed Al Hubail representing Al Zad Real Estate
18 December 2018 05:54 PM Kuwait’s Global names new chairman
Mubasher: Global Investment House announced that its ordinary general meeting (OGM) has elected a new board of directors for the coming three years, according to a recent press release. Faisal Sarkhou, representing KAMCO Investment, was elected as …
GIH closed Thursday’s session 1.14% higher at 17.7 fils
13 December 2018 03:43 PM GIH nods to KWD 34m capital hike
Mubasher: The extraordinary general meeting (EGM) of Gulf Investment House (GIH) approved offsetting about KWD 343,090 as part of the accumulated losses as registered on 31 December 2017, according to a bourse statement on Thursday. GIH’s …
Fouad Khan has been elected deputy chairman
13 December 2018 01:00 PM Kuwait’s Amwal names new chairman
Mubasher: Amwal International Investment has elected a new board of directors for the coming three years, according to a bourse disclosure on Thursday. The Boursa Kuwait-listed company has named Badr Al Rezaihan as the new chairman, with the …
The capital increase aims to improve the firm’s solvency and support its fiscal position.
13 December 2018 10:46 AM Enaya Cooperative’s EGM nods to SAR 200m capital hike
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company (Enaya) on Thursday said that its shareholders had approved raising capital by 200% to SAR 300 million, from SAR 100 million via right issue shares during an extraordinary general …