Latest Stock Market News provides you with the latest news about the different stock markets. Stay updated with the breaking news about the different companies listed in the international stock markets.


National Marine Dredging board proposes 22% cash dividend

2019-03-20 07:28:46 GMT (
The board of directors of National Marine Dredging Company recommended the distribution of cash dividends at 22% of capital, or 22 fils per share, for the fiscal year 2018, according to a bourse ...

Northern Cement FY18 profit slumps 75% on lower sales

2019-03-20 06:57:47 GMT (
Northern Cement Co. on Wednesday reported a decline in net profit by 75.3% for the fiscal year 2018.   The cement producer generated SAR 13.1 million net profit, compared with SAR 536 million ...

Alandalus Property FY18 profits drop 59%; board proposes SAR1/share dividend

2019-03-20 06:37:14 GMT (
Alandalus Property Co. on Wednesday posted financial results for the fiscal year 2018, showing that net profit fell by 59.4% year-on-year.   The company generated SAR 48 million net profit, ...

Aldar’s unit sells Al Murjan tower for AED 289 million

2019-03-20 04:02:41 GMT (
Aldar Investments, a wholly-owned subsidiary of Aldar Properties, on Tuesday announced that it has completed the sale of Al Murjan, a residential tower in Abu Dhabi for AED289 million..   Al ...

Al Ain Ahlia Insurance gets shareholders’ nod on AED1.5/share dividend

2019-03-20 03:41:22 GMT (
Al Ain Ahlia Insurance Company on Wednesday said it obtained the approval of shareholders on the distribution of cash dividends at 15% of stock par value, or AED 1.5 per share, totaling AED 22.5 ...

Yanbu Cement FY18 profits slump 71% on lower sales

2019-03-19 06:32:59 GMT (
Yanbu Cement Co. posted a 71.4% decline in net profit for the fiscal year ended December 31, 2018, according to a bourse statement.   The cement producer generated SAR 91.2 million net profit ...

Zahrat Al Waha posts 26% fall in FY18 profit; board proposes SAR1/share dividend

2019-03-19 05:48:15 GMT (
Zahrat Al Waha for Trading Company on Tuesday announced it posted SAR 34.7 million net profit for the fiscal year 2018, down 26.1% compared with SAR 46.9 million in prior-year period.   FY18 ...

Aldrees gets shareholders’ nod on capital hike, cash dividends, bonus issue

2019-03-19 05:38:20 GMT (
Aldrees Petroleum and Transport Services Co. received the approval of is shareholders on the board of directors recommendation of a 10% cash dividend for the fiscal year 2018, at SAR 1 per share, ...

Emirates Aluminium renews shipping agreement with Maersk

2019-03-19 02:05:26 GMT (
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has signed a volume commitment extension agreement for 2019 with Maersk Line for transport ...

GASCO board recommends periodic, exceptional dividend distributions for Q1

2019-03-18 06:46:32 GMT (
The board of directors of National Gas & Industrialization Co. (GASCO) on Sunday recommended the distribution of dividends at a total value of SAR 31.875 million for the first quarter of FY19. ...

Zain Saudi acquires 100 MHz of additional 3.5 GHz spectrum

2019-03-18 06:36:31 GMT (
Mobile Telecommunication Company Saudi Arabia (Zain Saudi) announced it secured 100 MHz of additional 3.5 GHz spectrum for 15 years for a total license fee of SAR 624 million, according to a bourse ...

GASCO posts 8% decline in FY18 profit on lower sales

2019-03-18 06:20:24 GMT (
National Gas & Industrialization Co. (GASCO) on Monday posted financial results for the fiscal year 2018, which showed a 8% decline in profits to SAR 117.14 million, compared to a net profit of ...

Foreigners inject SAR9.5 billion in Saudi equities over 11 weeks

2019-03-18 02:53:53 GMT (
Foreign investors were net buyers in the Saudi Stock Exchange over the last eleven weeks, with SAR 9.6 billion, through seizing investment opportunities in the market ahead of upgrade to emerging ...

Air Arabia shareholders OK setting provisions for Abraaj exposure

2019-03-18 02:47:50 GMT (
Shareholders of UAE’s low-cost carrier Air Arabia approved on Sunday the board’s recommendation on setting aside provisions for financial exposure to private-equity firm ...
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