KFH records KD 38.6 mln net profit for Q1 - Net finance revenues
(Arab Times - 27/04/2017)
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that "KFH has, by the grace of Allah, realized a KD 38.6 million net profit for the first quarter of 2017 for KFH shareholders compared to KD 34.1 million for the same period last
Dubai Investments increase cash dividend to 12%
(Gulfnews - 26/04/2017)
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
GFH distributes quarterly dividends to investors
(Gulfnews - 26/04/2017)
GFH Capital said on Tuesday the recent distribution of quarterly dividends for a number of its investments and funds in line with its continued progressive dividend policy. These include distributions to investors of GFH funds with underlying investments
Shuaa eyes acquisition after swinging to net profit in first quarter
(Gulfnews - 26/04/2017)
Shuaa Capital swung back into net profits its chairman said on Tuesday, after registering losses in the past seven quarters. They also announced they are planning to buy a listed financial services firm in the GCC. Shuaa Capital recorded a net profit of
Investcorp acquires $160m US industrial properties
(Trade Arabia - 25/04/2017)
Investcorp, a leading provider and manager of alternative investment products, said its US-based real estate arm has acquired a portfolio of industrial properties in Chicago and Boston metropolitan areas for $160 million. The Bahrain-based company
GFH Real Estate to showcase landmark projects
(Trade Arabia - 20/04/2017)
GFH Real Estate (GFH RE), the real estate arm of GFH Financial Group, is gearing up to showcase a number of landmark commercial and residential projects of the group at the upcoming Gulf Property Show in Bahrain. The Gulf Property Show is being held
GIS first quarter net profit at QR15m
(The Peninsula - 20/04/2017)
Gulf International Services (GIS)), the largest services group in Qatar, with interests in a broad cross-section of industries, has recorded a revenue of QR617m and a net profit of QR15m for the first quarter of 2017, ended March. Total assets of GIS
GFH Real Estate to showcase landmark projects
(Trade Arabia - 20/04/2017)
GFH Real Estate (GFH RE), the real estate arm of GFH Financial Group, is gearing up to showcase a number of landmark commercial and residential projects of the group at the upcoming Gulf Property Show in Bahrain. The Gulf Property Show is being held
DFM admits SHUAA and Al Ramz Capital as registered Market Makers
(CPI Financial - 19/04/2017)
The new service enables issuers to mandate a licensed company to provide LP services on a specific share in order to enhance liquidity, market depth and achieve balance between buy and sell. "Through its momentous journey and in order to fortify its
DFM Company holds board briefing
(Gulfnews - 18/04/2017)
Dubai Financial Market Company (DFM) said on Monday it had organised a board briefing session aimed at updating its directors on latest developments and best practices of corporate governance. The session underlines DFM's constant efforts to further
DFMC holds Board Briefing on Corporate Governance
(Press Release - 17/04/2017)
Dubai Financial Market Company (PJSC) organized a Board Briefing session aimed at updating its Directors on latest developments and best practices of Corporate Governance. The session underlines DFM's constant efforts to further enhance the
National Finance, Oman Orix plan merger valuation
(Times of Oman - 17/04/2017)
National Finance Company and Oman Orix Leasing Company have asked Deloitte to carry out valuations of both the companies for merging together to make a single entity, said a disclosure statement posted by National Finance Co. on MSM website on Sunday.
Saudi Jadwa Investment launches Jadwa REIT Al Haramain Fund
(Press Release - 16/04/2017)
Jadwa Investment, a leading investment management and advisory firm in Saudi Arabia, announced the conclusion of the public offering of its first Shariah-compliant Real Estate Investment Traded Fund, Jadwa REIT Al Haramain Fund, which will invest in real
Kuwait's Alimtiaz raises $120 mln
(Arab Times - 13/04/2017)
Kuwait's Alimtiaz Investment Group has raised $120 million from the sale of a 10 percent stake in education provider HumanSoft Holding which it plans to reinvest, Chief Executive Nawaf Marefitold Reuters. It plans to use the money to invest in sectors
KAMCO wins Global Management Challenge in Kuwait
(Arab Times - 11/04/2017)
KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, announced that a dedicated team of five KAMCO employees won the national round of the Global Management Challenge and have been chosen to represent Kuwait
KFIC posts 2016 profit of KD 211K
(Arab Times - 09/04/2017)
Kuwait Finance and Investment Company KFIC announced its financial results for the year ended Dec 31, 2016 in which it yielded a net profit of 211 thousand Kuwaiti Dinars at an EPS of 0.70 fils per share, compared with a profit worth of 985 thousand
Investcorp sells PRO Unlimited
(Saudi Gazette - 09/04/2017)
Investcorp, a global provider and manager of alternative investment products, on Saturday confirmed that it has signed a definitive agreement to sell PRO Unlimited, a leading software-enabled services company for the staffing and management of skilled
Ithmaar AGM approves listing on regional exchanges
(Trade Arabia - 03/04/2017)
Ithmaar Holding (formerly Ithmaar Bank) shareholders approved a proposal on listing Ithmaar on additional stock exchanges in the region. The proposal, which was presented by a shareholder as an additional agenda item at the Annual General Meeting (AGM)
Global logs KD 14.7mn revenues, KD 3.5mn net profit
(Arab Times - 03/04/2017)
Global Investment House ("Global" or the "Company"), a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital markets in the MENA region, today announced its financial results for the year ended Dec
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