General Assembly

ADCB’s issued capital will increase to AED 6.8 billion
21 March 06:34 PM ADCB approves merger with UNB
Abu Dhabi - Mubasher: Abu Dhabi Commercial Bank (ADCB), listed on Abu Dhabi Securities Exchange (ADX), on Thursday announced that its general assembly approved its merger with Union National Bank (UNB). Upon the merger, ADCB’s issued capital will …
The total value of the dividends amounts to QAR 607.09 million
21 March 01:56 PM CBQ’s OGM approves QAR 607m dividends for 2018
Mubasher: The Commercial Bank of Qatar (CBQ) on Thursday announced that its shareholders had approved distributing 15% of the share’s nominal value, or QAR 1.5 a share, as a cash dividend for 2018 during an ordinary general meeting (OGM) held the …
The OGM has also agreed to extend the maturity date of the ongoing financing worth $39 million
21 March 11:54 AM ADIB Egypt OGM nods to $30m financing
Cairo – Mubasher: Abu Dhabi Islamic Bank Egypt’s (ADIB) ordinary general meeting (OGM) has approved a $30 million financing from Abu Dhabi-listed ADIB. The financing has a maturity of seven years at an expected interest rate of 9.88% to be …
Zain posted an increase of 23% in profits in FY18
20 March 04:20 PM Zain to pay 30 fils/shr dividend for FY18
Mubasher: The ordinary general meeting (OGM) of Mobile Telecommunications (Zain) approved the board’s recommendation to distribute 30% of the capital as cash divined for fiscal year 2018. The leading telecom company in Kuwait, Zain, will pay 30 …
The board recommended distributing cash dividends for the first quarter of 2019 at 70 halalas per share
20 March 12:25 PM Advanced Petrochemical proposes SAR 137.8mn dividends for Q1-19
Riyadh – Mubasher: Advanced Petrochemical on Wednesday announced that its board of directors recommended distributing cash dividends for the first quarter of 2019 at 70 halalas per share to shareholders.  The total value of dividends amount to SAR …
Advanced Petrochemical reported a 13.6% year-on-year increase in net profits last year
20 March 11:29 AM Advanced Petrochemical’s OGM approves SAR 0.7/shr dividends for Q4-18
Riyadh – Mubasher: Advanced Petrochemical on Wednesday announced distributing cash dividends for the fourth quarter of 2018 at 70 halalas per share during an ordinary general meeting (OGM) held the previous day. The Saudi firm’s OGM also …
Riyad Bank registered a growth of 38.8% in Q4 profits
20 March 10:47 AM Riyad Bank nods to FY18 dividends
Mubasher: The ordinary general meeting (OGM) of Riyad Bank approved the cash dividend proposed for fiscal year 2018, according to a bourse statement on Wednesday. Riyad Bank’s shareholders agreed to distribute 4% of the capital or SAR 0.40 per …
The Qatari firm’s EGM raised its capital to QAR 26.525 billion, distributed over 26.525 billion shares
19 March 12:32 PM Ezdan Holding’s EGM approves stock split
Mubasher: Ezdan Holding Group on Tuesday announced the split of the share’s nominal value to QAR 1 from QAR 10 during an extraordinary general meeting (EGM) held on the previous day. The Qatari firm’s EGM also approved amending its articles of …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
The Qatari firm’s capital reaches QAR 1.86 billion
11 March 01:29 PM Gulf International’s EGM nods to stock split
Mubasher: Gulf International Services (GIS) on Monday announced that its shareholders had approved the split of the share’s nominal value to QAR 1 from QAR 10 during an extraordinary general meeting (EGM). The Qatari firm’s capital reaches QAR …
The OGM approved total cash dividends of AED 2.301 billion
7 March 11:50 AM DIB’s shareholders nod to 35% dividends for 2018
Dubai – Mubasher: Dubai Islamic Bank (DIB) on Thursday announced that its shareholders had approved distributing a cash dividend of 35% of the share’s nominal value, or 35 fils per share, for 2018 during an ordinary general meeting (OGM). The OGM …
Injazzat achieved a growth of 13.5% in FY18 profits
6 March 04:03 PM Injazzat Real Estate to pay 7 fils/shr dividend for FY18
Mubasher: Injazzat Real Estate Development said that its ordinary general meeting (OGM) has approved the board’s recommendation of distributing 7% of the capital as cash dividends for fiscal year 2018. The company will pay 7 fils per share as a …
The capital hike will be through KWD 12.58 million bonus
5 March 12:18 PM Previously-listed Eyas nods to KWD 13m capital hike
Mubasher: Eyas for Higher and Technical Education said that its ordinary general meeting (OGM) has approved the board’s recommendation of increasing the authorised and paid-up capital to KWD 25 million from KWD 12.12 million, Alrai Newspaper …
The Qatari telecom operator’s capital reaches QAR 4.23 billion
5 March 11:45 AM Vodafone Qatar’s OGM nods to cash dividends, stock split
Mubasher: Vodafone Qatar on Tuesday announced that its shareholders had approved distributing cash dividends for 2018 during an ordinary general meeting (OGM) and an extraordinary general meeting (EGM) held in the previous day. The Qatari telecom …
Widam’s EGM also approved amendments to the company’s articles of association
4 March 12:03 PM Widam’s EGM nods to stock split
Mubasher: Widam Food Company on Monday announced that its shareholders had approved splitting the share’s nominal value to QAR 1 from QAR 10 during an extraordinary general meeting (EGM) held the previous day. Widam’s EGM also approved amendments …
Sharjah Cement’s board proposes paying 6.5 fils per share dividends for FY18
3 March 04:28 PM Sharjah Cement proposes 6.5% dividends for FY18
Mubasher: The board members of Sharjah Cement and Industrial Development Co recommended distributing 6.5% of capital as a cash dividend for fiscal year 2018, according to a bourse statement on Sunday.  Sharjah Cement’s board proposes paying …
This step comes as part of the possible merger between KFH and AUB
3 March 02:49 PM Bahrain C.bank nods for KFH to study on AUB merger
Mubasher: Ahli United Bank (AUB), announced that the Central Bank of Bahrain (CBB) has approved for Kuwait Finance House (KFH) to conduct the merger study on AUB, listed on both Bahrain Bourse (BHB) and Boursa Kuwait.  This step comes as part of …