Friday 24 November 2017
 
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dividend

Etisalat AGM approves dividend for 2016

Shareholders of Etisalat, the UAE's leading telecom company, today backed the board’s recommendation to pay full 2016 dividends of 80 fils per share during the annual general meeting held at the company’s headquarters in Abu Dhab

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Batelco AGM approves $110.3m dividend

The annual general meeting (AGM) of Batelco Group, the Bahrain-based telecommunications group with operations across 14 countries, today approved a full year cash dividend of BD41.6 million ($110.3 million), at a value of 25 fils per share, fo

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Bahrain Duty Free to pay 50pc dividend

Bahrain Duty Free shareholders have approved a full-year cash dividend of 50 per cent or 50 fils per share abd bonus shares of 10 per cent, said a report in the Gulf Daily News (GDN), our sister publication. To read further, pleas

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Nass announces 5pc cash dividend

Shareholders of Nass Corporation will get cash dividend of five per cent for 2016, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Nass announces 5pc cash dividend

Shareholders of Nass Corporation will get cash dividend of five per cent for 2016, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Trafco’s 17pc dividend approved

Shareholders of Bahraini fast moving consumer goods group Trafco have approved cash dividend of 17 per cent or 17 fils per share amounting to a total of BD1,309,594 ($3.47 million) for 2016, said a report in the Gulf Daily News (GDN), our sister

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Emaar proposes 15pc cash dividends for 2016

Dubai-based global real estate developer Emaar Properties has proposed a cash dividend of 15 per cent to shareholders following a robust performance in 2016 which saw its net profit soar to Dh5.233 billion ($1.42 billion). The dis

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Germany's Commerzbank cuts nearly 10,000 jobs

Germany's Commerzbank will cut more than a fifth of its workforce and suspend its dividend as it tackles the challenges of low interest rates, weak profits and the shift to online banking. Germany's second biggest lender s

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Microsoft plans $40 billion share buyback

Microsoft Corp on Tuesday raised its quarterly dividend by 8 per cent and said it would buy back up to $40 billion as part of a new share repurchase programme. The company raised its dividend to 39 cents per share, up 3 cents from

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Investcorp reports net income of $90.1m

Bahrain-based Investcorp, a global manager of alternative investment products, has posted a net income of $90.1 million for the year ended June 30 compared with $116.7 million in the previous year, marking a decline of 23 per cent.

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