General Assembly

The shareholders approved to raise UAB’s issued capital to AED 2.06 billion
16 January 10:46 AM UAB shareholders nod to AED 687m capital hike
Abu Dhabi – Mubasher: United Arab Bank (UAB) said that its ordinary general meeting on Monday agreed to authorise the board of directors to raise the bank’s issued capital. The shareholders approved to raise UAB’s issued capital by AED 687 million …
Kuwait Gypsum has a capital of KWD 3 million
10 January 05:35 PM Kuwait Gypsum sets final date of delisting from Boursa Kuwait
Mubasher: Kuwait Gypsum Manufacturing and Trading has scheduled 5 July 2018 as its final date to withdraw from Boursa Kuwait - the Parallel Market. The period in which the stock was suspended will be added to the scheduled delisting date, …
Earnings increased to KWD 6.23 million in FY17
10 January 05:17 PM IPG profits in FY17 grow; 30% dividends approved
Mubasher: The preliminary financial statements of Independent Petroleum Group (IPG) reported a growth of 24.4% in profits during fiscal year 2017 compared to 2016. Earnings increased to KWD 6.23 million in FY17 from KWD 5.01 million in FY16, …
This capital hike will be matured on 14 February 2018
10 January 04:09 PM Mena Real Estate nods to 85.5% capital hike
Mubasher: Mena Real Estate said that its extraordinary general meeting (EGM) on Wednesday approved the board’s recommendation to raise capital by 85.5% to KWD 8.25 million from KWD 15.3 million. Increasing the capital by KWD 7.05 was distributed …
The issue will be offered in Kuwaiti dinar or any foreign currency
4 January 01:54 PM Noor’s shareholders to consider bonds, sukuk issue
Mubasher: Noor Financial Investment will hold its ordinary general meeting (OGM) on Monday, 22 January to consider issuing bonds and sukuk inside and outside Kuwait with the legal maximum level. The issue will be offered in Kuwaiti dinar or …
Alafco’s capital stands at KWD 95.21 million
25 December 2017 03:25 PM Alafco to pay 10 fils/shr dividends
Mubasher: The ordinary general meeting (OGM) of Aviation Lease and Finance (Alafco) agreed to distribute 10% of capital or 10 fils as cash dividends to shareholders, according to a bourse filing issued on Monday. Alafco’s capital stands at KWD …
Insurance House will buy the real property for AED 40 million
24 December 2017 10:42 AM Insurance House to buy 51.9% stake in Finance House’s property
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX)-listed company Insurance House on Sunday said that its board of directors will consider the approval of purchasing a 51.9% stake in a property owned by Finance House in Abu Dhabi.  The …
No financial impact will be realised in the current time
11 December 2017 11:12 AM Alrai Media Group intends exiting stake in Alrai City
Mubasher: Alrai Media Group announced that the board meeting on 7 December approved the extraordinary general meeting’s (EGM) decision to discuss selling the company’s stakes in the 100%-owned subsidiary, Alrai City Real Estate. No financial …
The board proposed increasing the paid-up capital to BHD 14.3 million
10 December 2017 03:49 PM Bahrain Kuwait Insurance’s board nods to capital hike
Mubasher: The board members of Bahrain Kuwait Insurance on 9 December approved increasing the company’s both authorised and paid-up capital. The board has recommended the ordinary general meeting (OGM) to raise the authorised capital to BHD 20 …