Latest Stock Market News

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UAE’s Aldar receives bids for media zone in Yas Island

2019-03-18 02:35:54 GMT (Economies.com)
Abu Dhabi-listed Aldar Properties on Monday announced receiving bids from six competing companies for the design and construction of free media zone in Yas Island, which will be built on 95,000 sqm ...

Gulf Medical Projects shareholders OK 10 fils/share dividend

2019-03-17 06:56:14 GMT (Economies.com)
Shareholders of Gulf Medical Projects Company approved last Thursday the distribution of cash dividends for the fiscal year 2018 at 10% of paid-in capital, or 10 fils per share, at a total value of ...

Dana Gas repurchases $133 million Sukuk

2019-03-17 06:41:36 GMT (Economies.com)
UAE’s Dana Gas on Sunday announced that it has bought back a total of $133 million worth of Sukuk, under the Sukuk repurchase program of Nile Delta Sukuk Ltd. Thus, the buyback has slashed the ...

SABIC shareholders to discuss SAR 6.6 billion dividend April 9

2019-03-17 06:19:05 GMT (Economies.com)
Saudi Basic Industries Corporation (SABIC) on Sunday announced it will hold an ordinary general assembly meeting on April 9, to look into the proposed dividend payout for the second half of 2018 at ...

Takween FY18 losses shrink 76% on stronger sales

2019-03-17 05:58:54 GMT (Economies.com)
Takween Advanced Industries posted its financial results for the fiscal year 2018, showing that losses declined by 76.4% to SAR 39.7 million, from SAR 168.2 million a year earlier.   The ...

Drake & Scull EGM to consider restructuring plan April 1

2019-03-14 06:03:28 GMT (Economies.com)
Dubai’s Drake & Scull International (DSI) will hold an extraordinary general assembly meeting on Monday, April 1, to look into the restructuring plan for the company and its ...

Petrochem shareholders to discuss SAR0.5/share dividend April 7

2019-03-14 05:44:51 GMT (Economies.com)
National Petrochemical Co. (Petrochem) will hold an ordinary general assembly meeting on Sunday, April 7 to look into the proposed dividend payout at SAR 0.5% per share, or 5% of stock par value, ...

Australia Post divest Aramex stake in AED 602.6 million deal

2019-03-14 02:48:53 GMT (Economies.com)
Australia Post Transaction Services sold its 10% holding in Dubai-based Aramex for AED 602.6 million ($164 million), through an over-the-counter transaction on 147.34 million shares, according to a ...

Emirates NBD starts marketing dollar bonds

2019-03-14 02:43:57 GMT (Economies.com)
Emirates NBD started marketing U.S. dollar-denominated bonds with an initial price guidance in the range of 6.375 percent and 6.5 percent, a document from one of the banks leading the deal showed on ...

Almarai shareholders to discuss FY18 dividend plan April 7

2019-03-13 07:29:34 GMT (Economies.com)
Almarai Company invited shareholders to attend an ordinary general assembly meeting on Sunday, April 7, to look into the dividend payout of SAR 850 million, or 85 halala per share, representing 8.5% ...

Dubai Investments shareholders to consider FY18 dividend plan April 28

2019-03-13 07:23:15 GMT (Economies.com)
Dubai Investments’ board of directors  invited shareholders to attend an ordinary general assembly meeting on April 7, to look into the dividend payout at 10% of capital for the fiscal ...

SABIC plans to merge two fully-owned subsidiaries

2019-03-13 07:11:48 GMT (Economies.com)
Saudi Basic Industries Corporation (SABIC) on Wednesday said it intends to merge its two wholly-owned subsidiaries, Saudi Petrochemical Company (SADAF) and Arabian Petrochemical Company (PETROKEMYA), ...

Saudi Electricity plans SAR749.3 million dividend distribution

2019-03-13 06:59:46 GMT (Economies.com)
Saudi Electricity Company (SEC) on Wednesday announced that its board of directors recommended the distribution of cash dividend at SAR 749.3 million, or 70 halala per share, representing 70% of ...

Nakheel to showcase AED58 billion in real estate projects at MIPIM

2019-03-13 02:16:29 GMT (Economies.com)
Master developer Nakheel, which is owned by Dubai government will showcase at MIPIM expo in France a group of real estate investment opportunities collectively worth more than AED 58 ...
  Symbol Last Change Chg.%
1.1091
-0.0102
0.9113%
1.2147
0.0087
0.7243%
17.104
0.128
0.753%
54.800
0.550
1.014%
58.65
0.42
0.72%
1512.265
14.840
0.991%
 
 
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