Wednesday 16 April 2014
 
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Sabic to pay $2.3bn in cash dividend for H2

Saudi Basic Industries Corp (Sabic) has approved its board’s recommendation to distribute SR9 billion ($2.3 billion) in cash dividends at SR3 per share for the second half of last year.   Shareholders regis

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UDC approves 10pc cash dividend

United Development Company (UDC), a leading Qatari shareholding company and the master developer of The Pearl-Qatar, has approved the distribution of 10 per cent cash dividend to its shareholders.   It also annou

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Emaar proposes 15pc cash dividends

Emaar Properties said its board of directors has proposed the distribution of a cash dividend of 15 per cent of the company’s share capital for 2013 along with 10 per cent bonus shares to shareholders. The proposal was put f

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Cash for ideas scheme in Bahrain

People could be given cash for coming up with innovative ideas to improve services provided by the Northern Municipality in Bahrain. The initiative is understood to be the first of its kind in Bahrain and aims to help officials co

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Cash machine for the blind installed in Bahrain

A specially equipped cash machine has been installed for the blind and partially sighted in Isa Town. The ATM was unveiled in a ceremony yesterday by the Bank of Bahrain and Kuwait (BBK) at its Financial Mall, said a report in the

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Al Hilal ATM cash withdrawals via Emirates ID

Al Hilal Bank is set to allow its customers to use their Emirates ID cards to make ATM cash withdrawals. The service, which will be ready within the year, is an outcome of the strategic partnership agreement signed by the bank and

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IBB launches sharia-compliant cash account

Islamic Bank of Britain (IBB), the UK’s only wholly sharia-compliant retail bank, has launched its IBB Notice Cash Individual Saving Account (ISA). The account offers consumers an ethical, tax-free way to save, with an expec

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NBO to pay 15pc cash dividend

National Bank of Oman's (NBO) board of directors has recommended the lender pay a 2013 dividend of 15 per cent cash and 10 per cent in bonus shares, according to a bourse filing on on Wednesday. For 2012, NBO paid a cash divid

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NBAD departments win ISO certification

National Bank of Abu Dhabi’s (NBAD) said two of its units have received top ISO certifications. The cash management services and reconciliation services departments were awarded ISO 9001:2008 certification in ‘Quality

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Safco to pay $1.6 per share cash dividend

The board of Saudi Arabia Fertilizers Co (Safco) has recommended the firm pay a cash dividend of six riyals ($1.60) per share for the second half of 2013, a bourse filing said on Tuesday. This is in line with the dividend paid for

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