Commercial Services - News
Agility reports KD 13.04mln in profits for Q3 of 2014
(KUNA - 30/03/2015)
The Kuwaiti leading logistics group Agility, reported Wednesday KD 13.04 million in profit for third quarter of 2014, or 11.90 fils per share, an increase of 7 percent from the same period in 2013. In a press statement, the Group stated that the ...
Renaissance Services invests heavily into ICV
(Oman Daily Observer - 24/03/2015)
Renaissance Services has said that as per its In-Country Value initiatives, RO 28.7 million has been spent on Omani goods and services, while 51.4 per cent of the total spend has been on ICV. The company said RO 95,000 has been invested in training with ...
In-country value an integral part for Renaissance
(Times of Oman - 23/03/2015)
Spending by Renaissance Services within Oman for local goods and services touched OMR28.7 million in 2014, representing 51.4 per cent of the company's total expenditure. The in-country value (ICV) programme is an integral part of Renaissance's value ...
Zain-Microsoft launch payment facility
(Gulf Daily News - 20/03/2015)
Zain Bahrain has, in partnership with Microsoft, launched Zain Pay, a direct mobile operator billing facility for the Windows Phone Store. The first-of-its-kind initiative in Bahrain will now enable Zain customers to charge their app purchases, including ...
Tabreed approves 5 fils per share dividend
(WAM - 13/03/2015)
Shareholders of National Central Cooling Company (Tabreed), the Abu Dhabi-based district cooling utility company, approved a cash dividend of five fils per share at the company’s Annual General Assembly (AGA). The Annual General Assembly was chaired by ...
Agility plans up to $100m Africa spend this year
(Reuters - 19/02/2015)
Kuwait-listed logistics firm Agility plans to spend up to $100 million this year on its expansion plans, with Africa the main target of its investment, a senior executive said. Among the target markets for the company's expansion would be Ghana, ...
Tabreed reappoints Ridlington as CFO
(Reuters - 11/02/2015)
Dubai-listed Tabreed has reappointed Steve Ridlington as chief financial officer after a four-year hiatus abroad, the UAE utility said on Wednesday. Ridlington, who was CFO from 2009 to 2011, will return to Tabreed - formally called National Central ...
Zain Bahrain opens new store at centre
(Gulf Daily News - 03/02/2015)
Zain Bahrain has announced the opening of a new state-of-the-art experience centre in City Centre Bahrain. 'This echoes our long-term growth strategy and vision to provide the most innovative service and products and create a truly seamless customer ...
Zain Bahrain B.S.C. (ZAINBH) Cash Dividend Recommendation
(Stock Market News - 01/02/2015)
The Board of Directors (BOD) of Zain Bahrain B.S.C. (ZAINBH) agreed in its meeting held on Saturday 31/1/2015, to recommend the following distribution to its shareholders registered on the date of the AGM (the record date): • Cash dividend of 5% at par ...
Zain Bahrain registers $10.9 million net profit
(Gulf Daily News - 01/02/2015)
Zain Bahrain generated revenues of BD71.8 million ($190.5m) in 2014, a decrease of 8.1 per cent on the previous year's BD78.1m ($207.1m). EBITDA for the period reached BD27m and BD29.3m with percentage change of 7.8pc, reflecting a healthy margin of ...
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