Int’l Islamic AGM approves 40% cash dividend
International Islamic (QIIB) shareholders have approved a cash dividend of 40% of the paid-up capital for 2009, which amounts to QR4 a share.
The resolution to the effect was approved by the shareholders at their annual general meeting at the Dip
Annual cash dividend recommendation QR7 per share
Qtel chairman Sheikh Abdullah bin Mohamed bin Saud al-Thani has said the group’s diversified operations have delivered strong returns and enabled it to thrive in a ‘highly competitive and challenging environment.’
“This has been a year of real
Tags: annual, cash, dividend, per, QR7, recommendation, share
Ten consecutive years of cash surplus
By the end of this month Kuwait will be incurring around six billion Kuwaiti dinars of cash surplus, over and above its annual budget. We will be celebrating our 10th year of successful cash surplus of KD 6?12 billion per annum. Still, however, we dont se
More banks prune cash dividend on CB directive
Close on the heels of Sharjah-headquartered United Arab Bank (UAB) and National Bank of Umm Al Quwain (NBQ) having revised downwards their cash dividend pay-outs, Sharjah Islamic Bank (SIB) is also preparing to prune its cash divided already proposed by i
Batelco broadband offers cash rebates for business customers
Batelco, as part of its comprehensive portfolio for business customers, has launched a superb new deal offering cash rebates and valuable discounts to new and existing business broadband customers.
New subscribers who sign up to one of Batelco
Tags: Batelco, broadband, Business, cash, customers, for, offers, rebates
Oryx Fund announces cash dividend
Oryx Fund, managed by the Asset Management Division of BankMuscat, will distribute a cash dividend of 50 baisa per unit for the financial year 2009. The annual general meeting (AGM) of the unitholders of Oryx Fund approved the dividend payout.
Or
Cash liquidity at Kuwait bourse down by 38% in 2009
Cash fluidity at the Kuwait Stock Exchange (KSE) remarkably dipped by 38 percent to 85.2 billion Kuwaiti dinars in 2009 from KD 37.3 billion in 2008, according to an economic report released here Wednesday.
The drop is mainly due to cash shortage
Tags: 2009, 38, at, bourse, by, cash, Down, in, Kuwait, liquidity
Japan Labor Cash Earnings Rise In January
Total cash earnings of employees in Japanese establishments with five or more employees increased 0.1% year-on-year to JPY 273,142 in January, in contrast to the revised 5.9% decline in the previous month, the Ministry of Health, Labor and Welfare reporte
IMF claims banks may need Dh9bn cash boost
Banks across the UAE could be forced to raise as much as US$9.8 billion (Dh35.99bn) of new capital to cope with the fallout from the Dubai World debt restructuring and a growing tide of loan defaults, the IMF says.
If Dubai World decided to off
Saudi Cement plans 1-for-2 share issue, cash dividend
Saudi Cement Company plans to issue one free share for each two held by investors and a cash dividend of 3.50 riyals ($0.93) for 2009, Saudi Arabia’s second-largest producer said.
‘Company shares will increase from 102 million shares to 153 mil
Tags: 1-for-2, cash, Cement, dividend, Issue, plans, Saudi, share
Financial Reports
- Energy market outlook bright
- DEWA Awards Dh3.13b Deals to Boost Capacity
- Consumers Expect Economic Rebound to Start in 14 Months
- Drilling starts on Saudi ‘supergiant’ Manifa oil project
- Dubai World set to make ‘first proposals’
- Subbarao Says India Deficit Cut Helps Rate Policy (Update1)
- Energy market outlook bright
- DEWA Awards Dh3.13b Deals to Boost Capacity
- Drilling starts on Saudi ‘supergiant’ Manifa oil project
- Plano Homes for Sale