Riyadh – Mubasher: Startups in the Middle East and North Africa region earned $375 million through 81 deals in February 2022, an increase of 51.6% month-on-month, and 134% year-on-year.. A report by Wamda, in cooperation with the Digital Brief, revealed that Saudi startups had the largest share of this total, as they obtained $219 million … Read more
Doha – Mubasher: The Ordinary General Assembly approved Qatar Navigation Company The Board of Directors’ recommendation to distribute cash dividends of 30% of the nominal value of the share, at a rate of 0.3 Qatari riyals per share. And according to a statement to the Qatar Stock Exchange yesterday, the process of distributing profits will … Read more
Riyadh – Mubasher: The financial results of Yanbu Cement Company revealed a 43.2% decline in net profits during 2021, compared to the previous year, in light of the decline in average selling prices. According to company data on Saudi Tadawul, today, Sunday, the net profit after zakat and tax fell to 159.56 million riyals, compared … Read more
Cairo – Mubasher: The Extraordinary General Assembly of GlaxoSmithKline approved, by 99.99% of the votes of the attending shareholders after excluding the main shareholder’s vote, the sale of movable consumer healthcare assets (not including real estate and machinery) and intangible assets. The company added, in a statement to the Egyptian Stock Exchange, today: “It is … Read more