Wednesday 10 February 2016
 
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dividend

VCBank announces 9.06pc dividends to shareholders

Bahrain-based Venture Capital Bank (VCBank) has announced dividends to its shareholders totalling 9.06 per cent for last year. In a statement, the bank said the dividends comprise effectively 2.52 per cent in cash and 6.54 per cent in bonus sh

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GFH distributes semi annual dividends to investors

GFH Capital has distributed semi-annual dividends for a number of its investments and funds in line with its progressive dividend distribution policy.    The dividends were paid to investors of GFH funds wit

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UAE banks told to seek approval for dividends

Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the details of payments to markets and shareholders, four banking sources said on Tuesday. The demand for clearance f

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Saudi Hollandi cuts cash dividend, plans share giveaway

Saudi Hollandi Bank, the kingdom's oldest lender, cut its cash dividend for 2015 but is planning a large bonus share issue to investors. The bank said in a bourse filing on Tuesday that its board had recommended paying a cash

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Qatar Insurance proposes cash dividends, bonus shares

Qatar Insurance has proposed a 2015 cash dividend of 25 per cent plus a 10 bonus share issue, it said on Sunday. A 25 per cent cash dividend equates to QR2.50 ($0.6867) per share. This would be slightly higher than the company'

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STC sets minimum quarterly dividend

Saudi Telecom Company (STC) plans to pay a minimum quarterly dividend of SR1 per share for three years from the fourth quarter of 2015 onwards, the operator said on Wednesday adding payments could be higher depending on its performance.

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Sipchem repeats no decision yet on H2 dividend

Saudi International Petrochemical Co (Sipchem) said on Thursday that no decision had been made yet on whether it would pay a dividend for the second half of this year.   "The second half of the year was toug

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NBAD announces Mena Bond Fund Q3 earnings

The National Bank of Abu Dhabi’s NBAD Mena Bond Fund has earned dividend income equivalent to $4.58 million for USD share class, Dh2.88 million ($786 million)for the AED share class and EUR 57,177.14 ($62,575) for the EURO share class.

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First Bahrain to distribute 10pc dividend

First Bahrain, a leading Kuwaiti real estate development company, yesterday announced a 10 per cent share dividend, distributing KD2.12 million ($7 million) of its retained earnings proportionally amongst its shareholders. The distribution is

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Aluminium Bahrain H1 net profit doubles

Aluminium Bahrain (Alba) posted a net income of BD66.9 million ($178 million) in the first half of the year as compared to BD32.3 million ($86 million) for the same period in 2014, marking a year-on-year increase of 107 per cent.

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