Saturday 30 July 2016
 
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Bahrain Cinema approves 50pc cash dividend

Bahrain Cinema Company (Cineco) shareholders have approved the distribution of a cash dividend of 50 per cent of the paid-up capital, the equivalent of 50 fils per share, following the approval of the Central Bank of Bahrain. &nbs

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Air Arabia shareholders approve 9pc cash dividend

Air Arabia shareholders approved the distribution of a nine per cent cash dividend for the 2015 financial year at the company’s annual general meeting (AGM), which was held in Sharjah, UAE. The dividend, which is equivalent

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Gulf Bank seeks shareholder nod to boost capital

Kuwait's Gulf Bank will ask shareholders to approve a number of measures it is considering to help boost its capital reserves at a meeting scheduled for March 9, it said in a bourse filing. The country's fourth-largest len

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Jazeera shareholders approve voluntary capital reduction

Shareholders of Kuwait's Jazeera Airways have approved a board recommendation to reduce the company’s capital from KD42 million ($138.8 million) to KD20 million ($66 million), following its exit from the aircraft leasing business.

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GFH's name changed to 'GFH Financial Group BSC'

GFH has informed its shareholders and the markets that, in line with its extraordinary general meeting’s approval obtained on April 12, it has completed the formalities with the relevant authorities for changing its commercial name.

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RBS to return surplus cash to shareholders

Royal Bank of Scotland expects a substantial increase in its capital thanks to the sale of businesses over the coming years and intends to return some of it to shareholders, chief executive Ross McEwan said. The bank, 78 per cent

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RBS to return surplus cash to shareholders

Royal Bank of Scotland expects a substantial increase in its capital thanks to the sale of businesses over the coming years and intends to return some of it to shareholders, chief executive Ross McEwan said. The bank, 78 per cent

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Barwa gets approval for $2bn sukuk programme

Shareholders of Qatar's Barwa Bank approved plans for a $2 billion senior unsecured sukuk programme that could be issued in various currencies, the lender said in a statement on Tuesday. The Islamic bank did not specify a time

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Agility gets shareholder nod to issue long term bonds

Kuwait-listed logistics company Agility has said shareholders approved all items on its agenda at its annual general meeting, including plans for issuing long term bonds. Under the agenda, shareholders were asked to approve issuin

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Nass declares 15pc cash dividend to shareholders

The shareholders of Nass Corporation are to get cash dividend of 15 per cent for last year. The announcement was made during the company's annual general meeting (AGM) held at Abdulla Nass Auditorium in the Applied Science Uni

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