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Bahrain Islamic Bank to issue bonus sharesBahrain Islamic Bank (BisB) shareholders have approved the distribution of four bonus shares against existing 100 shares, reported the Gulf Daily News, our sister publication. To read further, please visit More… |
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Khaleeji Commercial declares 5pc bonus sharesBahrain-based Khaleeji Commercial Bank (KHCB), a leading Islamic bank, held its annual general meeting (AGM) yesterday (March 15) in Bahrain, where it was approved to distribute five per cent of paid-up capital as bonus shares to shareholders. More… |
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Qatar Insurance proposes cash dividends, bonus sharesQatar 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' More… |
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NBAD declares 40pc dividend, 10pc bonus sharesThe National Bank of Abu Dhabi's (NBAD) shareholders have approved distribution of a cash dividend of 40 per cent and a stock dividend of 10 per cent for the financial year ended December 31. They also voted in favour of issua More… |
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Tasweek distributes 60pc of profit as bonus sharesAbu Dhabi–based Tasweek Real Estate Development and Marketing, an advisor and solutions provider serving the real estate markets, has distributed 60 per cent of its 2013 profits to shareholders as bonus shares. This follows More… |
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ADIB to pay out half of profit as dividendAbu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013. The bank will also issue More… |
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SABB to raise capital by 33pc via bonus sharesThe Saudi British Bank (SABB) will increase its capital by 33 per cent from SR7.5 billion ($1.99 billion) to SR10 billion by issuing of bonus shares to its shareholders at the rate of one bonus share for each 3 shares. The capital inc More… |
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Jazeera Airways net profit soars 94pcJazeera Airways has registered the third consecutive profit-making year with its net profit for 2008 soaring 94 per cent to hit KD4.5 million ($15.4 million) when compared to KD2.3 million ($7.8 million) the previous year. The airline More… |
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Qatar General Insurance mulls 30pc dividendsThe Board of Directors (BOD) at Qatar General Insurance & Reinsurance announces the results of board meeting which was held last week. The BOD has decided to submit a proposal to the General Assembly to approve a distribution of 30 per More… |
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ADNH to increase capitalThe Abu Dhabi National Hotels (ADNH), a leading hotel, tourism, transport and catering company in the UAE, plans to increase the company's capital from Dh720 million ($196 million) to Dh1 billion ($272 million) by issuing bonus shares. More… |
