Posts Tagged ‘Approves’
Custodian of the Two Holy Mosques King Abdullah said Sunday he has approved a 20-year employment strategy and ordered the creation of more than 200,000 jobs in the education sector as part of government efforts to improve the condition and welfare of its
Greece has approved the proposed sale of a majority stake in ThyssenKrupp’s Hellenic Shipyards or HSY, handing control of the eastern Mediterranean’s largest shipyard to Abu Dhabi MAR Group or ADM.
”The German steelmaker decided last year to s
Waha Capital P.J.S.C. board, the diversified Abu Dhabi-based ADX-listed holding company, decided to issue mandatory convertible bonds or Sukuk with a Dhs1bn value and distribute 12.5% as share dividends as bonus shares.
The announcement came a
Waha Capital PJSC, an Abu Dhabi- based investment and leasing company, said its board approved selling convertible bonds or sukuk worth 1 billion dirhams ($272 million).
The board also approved the distribution of 12.5 percent bonus shares, ac
Emirates Telecommunications Corp., the United Arab Emirates’ biggest phone company, said its board recommended a cash dividend of 60 percent of the face value of its shares for 2009.
The board also recommended distributing one bonus share for
Islamic finance would pose no legal problems in Canada, according to a report this week by the Canada Mortgage and Housing Corporation.
The report, due Wednesday, says Shariah-compliant mortgages and other Islamic finance products would be le
Qatar National Bank (QNB) announced that its Ordinary General Assembly has approved a cash dividend of 40 per cent of the nominal share value (QR4.0 for each share).
In addition, the board’s recommendation to issue bonus shares comprising 30 pe
Qatar National Bank (QNB) announced today that its Ordinary General Assembly has approved the Bank’s Audited Financial Results for the year ended 31 December 2009.
The General Assembly has also ratified the Board of Directors’ proposal to distr
Kuwait’s cabinet approved a plan to allocate 4.78 billion dinars ($16.6 billion) of the 37 billion dinar development plan to the state budget for the fiscal year starting April 1, the state news agency KUNA reported, citing the state minister for cabinet
The board of National Marine Dredging Co., the United Arab Emirates-based company that deepens waterways, approved a plan to offer 391.5 million dirhams ($107 million) in convertible bonds.
The bonds will be converted at 7.83 dirhams each in f
