26/04/2017 06:06 AST

Dubai Investments said on Tuesday the shareholders unanimously agreed to increase the cash dividend to 12 per cent from the earlier 10 per cent including a 5 per cent bonus shares. "Some shareholders requested for increasing the percentage of cash dividend and after much discussions between the shareholders and the board of directors the percentage of cash profits was increased," Dubai Investments said in a statement posted on Dubai Financial Market's website.

The shareholders also approved the financial results for the year ending December 2016.


Gulfnews

Dubai Investments, consortium of investors to launch Arkan Bank

25/03/2018

DUBAI Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islami

Saudi Gazette

Arkan Bank could tap investors for $100mln through Nasdaq listing

21/03/2018

The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to $100 million within the first 12 months after its listing on Nasdaq Dubai, according to a senior o

Reuters

Dubai Investments to launch new Islamic bank

21/03/2018

Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million.

The

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EEC's capital optimization plan to shore up financial position and sustain growth: CEO

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RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula