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COMMERCIAL NEWS

Agility sets $2.6bn interim in-kind dividend & $83m cash payout

Mar 28, 2024 11:44 AM

Agility Public Warehousing Company has approved an interim cash dividend distribution of KD25.5 million ( 83 million) equivalent to 10 fls per share and an in-kind dividend of KD800 million ( 2.6 billion)....

MORE COMMERCIAL NEWS

GCC-listed firms aggregate Q2 net falls 6.2pc to $57.9bn: Kamco Aug 30, 2023 11:44 AM

GCC-listed firms aggregate net profits fell 6.2% to 57.9 billion...

Ooredoo, Zain, TASC set to create largest tower firm Jul 25, 2023 8:28 AM

Ooredoo Group has entered exclusive negotiations with Mobile Telecommunications...

GCC banks post record nigh net profit in Q1: Kamco Jun 14, 2023 9:40 AM

Aggregate net profit for listed banks in the GCC reached a new record...

GCC companies post drop in profits during Q1: Kamco Jun 11, 2023 1:23 PM

Quarterly profits reported by GCC-listed companies declined year-on-year...

Mezzan Holding Q1 2023 net soars 45.1pc to $14.03m May 8, 2023 9:39 AM

Mezzan Holding a leading manufacturer and distributor of food beverage...

GCC IPOs raise $5.3bn in H1 2023; 61pc decline on H1 2022 Aug 9, 2023 12:13 PM

The GCC region raised a total of 5.3 billion in proceeds through...

Gulf states improve industrial performance index ranking Jul 18, 2023 11:30 AM

Gulf countries have improved their Competitive Industrial Performance...

Kuwait CEOs buoyant about growth prospects Jun 13, 2023 8:11 AM

CEOs in Kuwait are looking past recent economic slowdowns and are...

GCC economic strengths 'make it ideal investment destination' May 29, 2023 5:08 PM

Strong economy low debt lack of currency risk and high reserves...

GCC Bonds and Sukuk issuances slump 22pc in Q1 to $28.3bn May 7, 2023 4:13 PM

Primary debt issuances in the GCC were off to the slowest start...

UAE leads GCC region raising $3.2bn from 3 IPOs in Q1 2023 Apr 30, 2023 4:48 PM

GCC initial public offerings (IPOs) raised a total of 3.5 billion...

Kuwait website unveils AI-generated presenter Apr 12, 2023 8:43 AM

A Kuwaiti media outlet has unveiled a virtual news presenter generated...

Burgan Bank net income rises 15pc to $170.4m for FY 2022 Feb 9, 2023 9:31 AM

Kuwait s Burgan Bank s net income rose 15% in full year (FY) 2022...

Burgan Bank appoints Daher as new GCEO Apr 16, 2023 2:01 PM

Burgan Bank has announced the appointment of Tony Daher as its new...

GE paves the way for future female STEM leaders in Kuwait Feb 13, 2023 1:13 PM

GE has renewed its commitment to build local talent in Kuwait and...

KPMG names chairman for Middle East, South Asia and Caspian Jan 14, 2023 9:16 PM

KPMG a global network of professional services firms providing audit...

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