Friday 3 July 2015
 
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dividends

HSBC overhaul, up to 50,000 job cuts

HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief executive Stuart Gulli

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Jazeera shareholders approve $66m cash dividends

Shareholders of Kuwait-based Jazeera Airways Group today approved a board proposal for the cash distribution of KD20 million ($66 million) as special dividend for the year 2014. The proposal was approved during the company’s

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Jazeera Board recommends record dividend

Jazeera Airways, a Kuwait-based airline, recommended record dividends and payments to shareholders totalling up to KD50 million ($166.4 million) in the form of special dividends for 2014 and a share buyback programme. All payments

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Bahrain Cinema approves 50pc dividends

Bahrain Cinema Company (Cineco), the market leaders in the entertainment industry in the kingdom, have approved  50 per cent dividends of paid-up capital to the shareholders. Announcing this at the annual general meeting (AGM

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Investcorp unit declares $16.7m dividend

L’azurde, a top gold jewellery manufacturer and a portfolio company of Bahrain-based alternative investments specialist Investcorp, has distributed $16.7 million in dividends to its shareholders following a strong performance in 2014.

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Investcorp unit declares $16.7m dividend

L’azurde, a top gold jewellery manufacturer and a portfolio company of Bahrain-based alternative investments specialist Investcorp, has distributed $16.7 million in dividends to its shareholders following a strong performance in 2014.

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Alkhabeer plans $10.8m dividend distribution

Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, plans to distribute cash dividends of SR40.7 million ($10.8 million) to its shareholders for the fiscal year ended December 31, 2014 - equivalent to 5 per cent of

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Almarai to offer $150m cash dividend for 2014

Saudi Arabia's Almarai said on Sunday its board recommended a cash dividend of 1 riyal ($0.27) per share for 2014. Almarai, the Gulf's largest dairy firm, paid an identical dividend on 2013 earnings, according to Thomson R

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Samsung to buy back $2 billion in shares

South Korea's Samsung Electronics on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits. The world's large

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Shuaa Capital Q3 net profit jumps six-fold

Shuaa Capital, a Dubai-based financial services provider, has posted a net profit of Dh26.2 million ($7.13 million) during the third quarter of the year as against Dh3.6 million ($978 million) during the same period of 2013, marking a six-fold i

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