Event

The buildings are located on the company’s lands
25 May 12:26 PM Foodco to discuss price quotations for 2 buildings
Abu Dhabi – Mubasher: Foodco Holding said its board will discuss on 30 May the price quotations presented for the project of establishing two residential buildings in Khalifa City, according to a bourse statement. The buildings are located on the …
(Photo Credit: Company website)
25 May 10:52 AM Al Sagr to start paying 2016 dividends 15 June
Riyadh – Mubasher: Al Sagr Cooperative Insurance announced that depositing dividends in the shareholders’ accounts will start on Thursday, 15 June, through Riyad Bank. The eligibility for the dividends will be for shareholders of record at the end …
(Photo Credit: Company website)
24 May 03:19 PM Al Jouf Cement to discuss capital hike 19 June
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Al Jouf Cement will meet 19 June to discuss a capital hike through distributing bonus shares at SAR 10 per share. The capital would be increased 10% from SAR 1.3 billion to SAR 1.43 …
(Photo credit: Arabianeye - Reuters)
24 May 11:20 AM Ezz Steel OGM to discuss FY16 financials 14 June
Cairo – Mubasher: Ezz Steel said Wednesday that it will hold an ordinary general meeting (OGM) on 14 June to discuss the financial statements for the year ended 31 December 2016, according to a bourse filing. The company’s consolidated net profit …
(Photo credit: Arabianeye - Reuters)
24 May 10:37 AM Kima EGM to discuss capital hike 12 June
Caro – Mubasher: Egyptian Chemical Industries Company (Kima) will hold an extraordinary general meeting (EGM) on 12 June to discuss raising the capital to EGP 2.9 billion via distributing bonus shares. The EGM will also look into amending Article …
(Photo Credit: Arabianeye-Reuters)
24 May 10:33 AM QIB inaugurates new branch
Doha – Mubasher: Qatar Islamic Bank (QIB) announced the opening of its newest branch at Doha Festival City, the bank said on Wednesday. The new branch will operate from Saturday until Thursday from 9:00 am to 2:30 pm and from 3:30 pm to 9:00 pm. …
Photo Credit: Arabianeye-Reuters
24 May 09:58 AM UAE discloses Ramadan working hours
Mubasher: The UAE has announced the official working hours at ministries and governmental authorities during Ramadan. The Federal Authority for Government Human Resources on Tuesday clarified that the working hours will start at 9:00 am and end at …
(Photo Credit: Arabianeye-Reuters)
24 May 09:51 AM Vodafone Qatar to hold AGM 12 June
Doha – Mubasher: Vodafone Qatar’s annual general meeting (AGM) will be held on 12 June 2017, the company stated on Wednesday. In case of incomplete quorum, it will be held on 14 June, according to a filing to the Qatar Stock Exchange (QSE). The …
(Photo Credit: Arabianeye-Reuters)
23 May 10:33 AM Buruj to pay 5% dividends for 2016
Riyadh – Mubasher: The general assembly of Buruj Cooperative Insurance Co approved the distribution of cash dividends for 2016. The company will pay dividends at SAR 0.50 per share, totalling SAR 12.5 million and representing 5% of the nominal …
(Photo archive)
23 May 09:57 AM Herfy to pay H2-16 dividends, raise capital
Riyadh – Mubasher: The general assembly of Herfy Food Services Co approved the distribution of cash dividends for the second half of 2016. The company will pay dividends at SAR 1.5 per share, totalling SAR 69.3 million and representing 15% of the …
The Egyptian Exchange - (Photo Credit: Mubasher Archive)
22 May 07:26 PM EGX reduces working hours in Ramadan
Cairo - Mubasher: The Egyptian Exchange (EGX) announced the working hours for the holy month of Ramadan. Trading sessions for listed securities on the main market (EGX), as well as the Nile Exchange (Nilex) the small and medium capital market, …
(Photo credit: Arabianeye - Reuters)
22 May 11:42 AM Record date for ELMACO coupon 18 June
Cairo – Mubasher: El Nasr Transformers and Electrical Products Company (ELMACO) said Monday that it will pay coupon no. 51 at 10 piasters per share to shareholders of record until 18 May. The coupon will be distributed in four equal instalments at …
One of Arabtec's projects (Photo Credit: Arabianeye-Reuters)
22 May 11:11 AM Arabtec invites creditors to submit debt documents
Mubasher: Arabtec Holding has invited its creditors to submit all supportive documents of their debts to the company within 30 days from the date hereof and no later than 20 June 2017, according to a statement. The documents should be delivered in …
Arabtec's headqurater (Photo Credit: Arabianeye-Reuters)
22 May 09:46 AM Arabtec unveils proposed dates for capital reduction
Dubai – Mubasher: Arabtec Holding announced the proposed dates for completing the milestones of the capital reduction process, according to a bourse statement.  This is the final step in the company’s recapitalisation programme to strengthen its …
(Photo Credit: Arabianeye-Reuters)
21 May 05:57 PM Extending oil production cut enhances market stability – Qatari Minister
Doha – Mubasher: Expanding the agreement of the Organization of Petroleum Exporting Countries (OPEC) to reduce oil production until the second quarter of 2017 will enhance the market’s stability, Reuters reported, citing Qatar’s minister of energy …
(Photo credit: Arabianeye-Reuters)
19 May 06:51 PM Kuwait attracts $2.3bn Chinese investments in 2 yrs
Kuwait – Mubasher: The director-general of the Kuwait Direct Investment Promotion Authority (KDIPA) Dr. Meshaal Jaber Al-Ahmad Al-Sabah has said that his country has attracted around $2.3 billion in investments from Chinese companies over the past …
(Photo credit: Arabianeye-Reuters)
19 May 06:25 PM Kuwait's Amir to attend 3 summits in KSA
Kuwait – Mubasher: Kuwait's Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah is scheduled to head an official delegation heading to Saudi Arabia to attend three summits, Kuwait News Agency (KUNA) reported on Friday. The Kuwaiti prince, alongside the …
Photo Credit: Mubasher Archive
17 May 02:45 PM Candidatures for EGX board to begin late May
Cairo - Mubasher: The chairman of the Egyptian Exchange (EGX), Mohamed Omran, said that filing candidacies for the exchange’s board of directors will begin on Sunday, 28 May. Omran added on Wednesday that the elections are set to take place on 22 …
(Photo credit: Company's website)
17 May 11:35 AM Record date for Raya Holding coupon 24 May
Cairo – Mubasher: Raya Holding for Financial Investment said Wednesday that it will pay coupon no. 11 at EGP 0.25 per share to shareholders of record until 24 May. The coupon will be distributed starting 29 May, according to a bourse filing. The …
(Photo credit: Company's website)
17 May 10:57 AM Record date for Nozha Hospital bonus shares 4 June
Cairo – Mubasher: Nozha International Hospital said Wednesday that the record date for its bonus shares is 4 June 2017. The company will start distributing a 0.2 bonus share for every ordinary share as of 5 June, according to a bourse filing. The …
Photo Credit: Arabianeye-Reuters
16 May 02:04 PM National Investments to consider trimming losses
Kuwait – Mubasher: National Investments Co will hold its ordinary general meeting (OGM) on 1 June to discuss the board’s recommendation of offsetting the accumulated losses and cash dividends for fiscal year 2016. The shareholders will overview …
(Photo Credit: Company website)
16 May 12:14 PM Saudi Aramco makes new appointments ahead of IPO
Riyadh – Mubasher: Saudi Aramco, the largest oil firm in the world, has announced appointing Abdulaziz Al Judaimi as senior deputy chairman for downstream operations, Bloomberg reported. The company also appointed eight executives as it seeks to …
Photo Credit: Arabianeye-Reuters
16 May 11:46 AM Americana to consider delisting early June
Kuwait – Mubasher: Kuwait Food – Americana will hold its ordinary general meeting (OGM) on 5 June to discuss an optional withdrawal from Boursa Kuwait, as well as distributing cash dividends for fiscal year 2016. The company will pay 615% of …
(Photo Credit: Arabianeye-Reuters)
15 May 03:28 PM Qatar Petroleum to sell 3 oil cargoes in July
Doha – Mubasher: Qatar Petroleum (QP) on Monday announced its intentions to sell Al-Shaheen crude oil through a joint venture (JV) with French oil company Total starting July 2017, Reuters reported, citing a document it obtained. The three cargoes …
(Photo Credit: Arabianeye-Reuters)
14 May 04:55 PM OPEC, non-OPEC to discuss initial output cut extension deal – Omani minister
Mubasher: Members and some non-members in the Organization of Petroleum Exporting Countries (OPEC) have reached a preliminary agreement to extend the deal to reduce oil production, reported Kuwait News Agency (KUNA), citing Mohammed Al Rumhy, …