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28/01/2018 13:02 AST
Riyad Bank, one of the largest financial institutions in Saudi Arabia, said its investment banking arm is set to distribute dividends worth SR15 million ($4 million) to the unitholders of its real estate investment traded funds (REITs) for the period covering the second half of 2017.
A leading player in the kingdom, Riyad Bank ranks third in terms of asset value.
The dividend per unit SR0.30 represents three per cent of the Face Value, said the bank in its filing to the Saudi bourse Tadawul.
Dividend represents 2.9 per cent of net asset attribute to unitholders as of June 30, 2017. The eligibility of dividends shall be for the unitholders in the register on February 18, 2018, it added.
Trade Arabia
28/01/2018
Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34 million) impairment on its steel unit, Hadeed, in the fourth quarter and still sees challenges in the steel mar
Reuters
14/11/2017
Riyad REIT Fund announces Capital Market Authority approval on 12/11/2017 for changes to the Board of Directors effective on the 12th of November 2017. The changes will be as the following:
Tadawul
15/10/2017
Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district
Tadawul
| Ticker | Price | Change |
|---|---|---|
| ALRAJHIREIT | 8.59 | 0.09 (1.05 |
| JADWAREITSAUDI | 10.50 | 0.30 (2.94 |
| ALWAHAREIT | 11.68 | 0.00 (0.00 |
| SEDCOCAPITALREIT | 8.15 | 0.08 (0.99 |
| BONYANREIT | 9.28 | 0.15 (1.64 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.