National Marine recommends 50 per cent dividend

08/03/2016 05:57 AST

National Marine Dredging Co said its board has recommended to pay a dividend of 50 per cent dividend or 50 fils per share for 2015.

This would result in an outgo of Dh250 million, the company said in a statement posted on Abu Dhabi Securities Exchange's website. The shareholders' meeting is scheduled to be held on 19 April, it added.

National Marine Dredging shares closed nearly 15 per cent higher at Dh5.23.


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NMDC approves Dh100m subscription in Arabtec shares

19/06/2017

National Marine Dredging Company said on Sunday it has approved subscription to 100 million shares in Arabtec Holding with a total value of Dh100 million.

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Abu Dhabi's NMDC wins $316m India port contract

30/01/2017

Abu Dhabi's National Marine Dredging Company said it has been awarded a $316-million engineering, procurement and construction (EPC) contract for a hitech floating LNG (liquefied natural gas) port at

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NMDC backs marine, maritime leaders summit

12/01/2016

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