direct: In the disclosure that the company listed on the Amman Stock Exchange, the Jordan Petroleum Refinery Company’s board of directors recommended distributing 25% in cash from the paid-in capital, i.e. 250 fils per share, the net tax for the share owner duly registered in the company’s records. And the CEO of the Jordan Petroleum … Read more
Riyadh – Mubasher: The annual financial statements of Basic Chemical Industries “BCI” revealed that it achieved an increase in its net profits during 2021 by 12.76%, due to an increase in sales. According to the company’s financial statements today, Wednesday, on “Saudi Tadawul”, the net profit after zakat and tax amounted to about 57.72 million … Read more
Dubai – Mubasher: The revenues of Union Properties contracts with customers increased by 6.1% to reach 398.70 million dirhams in 2021 compared to the previous year.. The company attributed this, in a disclosure to the Dubai Stock Exchange, to the recovery of the real estate sector in the country after the gradual lifting of the … Read more
Kuwait – Mubasher: The company’s financial statements showed Kuwaiti Syrian Holding The company turned profitable last year compared to 2020 losses. According to the company’s results for the Kuwaiti Stock Exchange, today, Monday, profits last year amounted to 1.02 million dinars ($ 3.36 million), compared to losses in 2020 of 1.58 million dinars ($ 5.21 … Read more
Abu Dhabi – Mubasher: Waleed Al-Khatib, managing partner at Global Shares and Bonds, said that the valuation of Dubai Electricity and Water Authority “Dewa” at $25 billion is not a simple figure, especially since its profits amounted to 6 billion dirhams in 2021. Walid Al-Khatib explained that the company will offer 6.5% of its shares, … Read more
From: Malik Salama Dubai – Mubasher: Dubai Electricity and Water Authority (DEWA), the exclusive provider of electricity and water services in the Emirate of Dubai, announced yesterday, Tuesday, that the Dubai government has offered 3.25 billion of its shares for public subscription, equivalent to 6.5 percent of the total issued shares in its capital. Mubasher … Read more
Riyadh – Mubasher: The Saudi stock market, “Tadawul”, witnessed, during today’s session, the implementation of 13 special deals on the shares of Saudi Aramco and Saudi Telecom “STC”, with a total value of 201.5 million riyals, through 4.59 million shares. According to Saudi Tadawul data, a special deal was executed on STC, worth 27.8 million … Read more
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