Commercial Services - News
Renaissance board approves annual audited results for 2013
(Muscat Exchange - 27/02/2014)
The Board of Directors of Renaissance Services SAOG (“the Company) has approved the annual audited results for the year ended 31 December 2013 at the Board Meeting held on 26 February 2014. The audited financial statements along with the Chairman’s ...
NMDC Board declares second interim dividend of INR 6 for 2013-14
(Steelguru - 18/02/2014)
The Board of Directors of NMDC Limited at its meeting held on February 10th 2014 has declared II Interim Dividend at INR 5.50 per share of INR 1 each on the paid up Equity Capital of the Company for the year 2013 to 2014. The Interim Dividend would be ...
NMDC falls 5.5% as it turns ex-dividend
(Money Control - 17/02/2014)
Shares of NMDC fell 5.5 percent intraday on Monday as it tunred ex- dividend today. The board has recommended second interim dividend of 550 percent in addition to the first interim dividend of 300 percent for the year 2013-14. So far, the total interim ...
Rupee falls from two-week high
(Bloomberg - 11/02/2014)
India’s rupee dropped from the highest level in more than two weeks before the nation publishes factory output and inflation data this week. India’s industrial production probably contracted 1% in December from a year earlier after shrinking 2.1% in the ...
Sensex snaps 4-day rally as Bharti, HDFC decline
(Gulf Times - 11/02/2014)
Indian stocks fell, led by telecom shares and banks, as the benchmark index ended a four-day rally. Idea Cellular plunged the most since October 2008, the worst performer on the S&P BSE 100 Index. Mortgage lender Housing Development Finance Corp declined ...
Kuwait awards $12b clean fuel project to consortia
(Times of Oman - 11/02/2014)
Kuwait National Petroleum Company (KNPC) said yesterday it has awarded a $12-billion project to a consortia led by Britain, United States and Japan to boost capacity at oil refineries and make production more environmentally friendly. Work on the ...
Topaz bags $50m contract in Africa
(Times of Oman - 11/02/2014)
Renaissance subsidiary Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, yesterday announced the expansion of its West African operations with the award of two platform supply ...
OIFC’s 9M net profit soars 189% to RO5mn
(Muscat Daily - 03/02/2014)
Oman Investment and Finance Co (OIFC) posted a net profit of RO5.05mn for the nine-month period ended December 31, 2013, compared with RO1.75mn for the same period of the previous year - an increase of 189 per cent. OIFC's net profit was boosted mainly ...
Tabreed’s 2013 Full Year Net Profit Increases 15%
(Press Release - 26/01/2014)
National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today released its 2013 audited full year financial results. The company’s strong performance continues to be driven by the core chilled ...
Renaissance Further Updates On the Divestment of NTI
(Press Release - 20/01/2014)
Renaissance has issued a press release announcing the divestment of its subsidiary National Training Institute LLC (“NTI”) to Babcock International Group Plc. The divestment is effective on 31st December 2013, and will be accounted in 2013 audited ...
GulfBase GCC Index
Are you satisfied with your full-service broker?