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Saudi Hotels Company Announces Dividends for the First Half 2012 (Tadawul - 29/07/2012)

The board of the directors of Saudi Hotels & Resorts Co. decided, on 28/7/2012, to distribute a dividend of SR (0.60) for each share with total of SR (60,000,000 ) , which represents (6%) of the capital. The shareholders registered in the companys books
United Industries narrows Q2 loss (Trade Arabia - 27/07/2012)

United Industries Company (UIC), a member of Kuwait Projects Company Group (Kipco), made a second quarter loss of KD134,116 ($475,335) in 2012 compared to a loss of KD297,862 during the same period last year. Announcing the results, UIC chairman Sheikh
Saudi retail group sees 48pc Q1 growth (Trade Arabia - 25/07/2012)

Leading Saudi retail franchise company Fawaz A. Alhokair and Company has posted a net profit of SR120.9 million ($32.24 million) for the first quarter ended June 30, up 48 per cent compared to SR81.6 million last year. Annoucing the Q1 results on
Al Hokair signed SPA to purchase NESK Group (Gulfbase.com - 24/07/2012)

Fawaz Al Hokair &Co has signed the Share Purchase Agreement (SPA) on Monday July 23, 2012 the company to buy NESK Group for trading project LLC ( Al Jedaie ) for an amount of SAR 730 million after completing the financial and legal due diligence. Fawaz
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