News Archive
Multi Sector Holdings Sector News
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC
<1>
Kingdom Holding to Award Tower Contract After Eid (Bloomberg - 31/08/2010)

Kingdom Holding Co. will award a contract to build a 1.1 kilometer building in Jeddah after the Muslim Eid holiday, the National said, citing an unidentified contractor bidding on the project. Belgium’s Six Construct and Saudi partner El Seif
SFG to facilitate SR700m Islamic refinancing of Kingdom Center (Arab News - 30/08/2010)

Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced a SR700-million refinancing of Kingdom Center (Trade Center Company Ltd.), chaired by Talal Ibrahim Al-Maiman, executive director for development and domestic investments
KHC inks $186m re-financing deal (Trade Arabia - 30/08/2010)

Kingdom Holding Company (KHC), the investment firm of Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has announced the SR700 million ($186.6 million) re-financing of Kingdom Centre. KHC holds a 36 per cent stake in the company. The re-financing
Mannai Corp plans regional acquisitions to boost growth (Gulf Times - 18/08/2010)

Mannai Corporation is eyeing acquisitions in the Gulf region as part of its expansion and diversification strategy. In the domestic market, its new QR80mn engineering workshop is expected to be operational by the second quarter of 2011, according to
National Industries of Kuwait Reports Second-Quarter Loss of $41 Mln (Bloomberg - 16/08/2010)

National Industries Group, the largest industrial investment company in Kuwait, reported a second-quarter loss of 11.7 million dinars ($41 million) after a 25.4 million-dinar profit in the year-earlier period, the company said in a statement to the
SIIL eyes acquisitions, JVs to boost long-term growth (Gulf Times - 15/08/2010)

Salam International Investments (SIIL) has chalked out a long-term expansion plan, including acquisitions and ventures in overseas markets. “The long-term plan includes geographic expansion and venturing into evolving markets that have considerable
Mannai Corp net jumps 20% to QR126mn (Gulf Times - 10/08/2010)

Mannai Corporation has reported a 20% jump in its net profit to QR126.1mn in the first half of this year. Return on equity stood at 33% compared to 26% for the year ended December 31, 2009. Earnings per share amounted to QR5.31 in January-June this year
Qatar Industrial Manufacturing Co (Gulf Times - 09/08/2010)

Qatar Industrial Manufacturing Co has reported an 11% rise in its net profit to QR89.4mn in the first six months of this year. The company’s earning-per-share amounted to QR2.48 as of June 30, 2010 against QR2.25 in the corresponding period of 2009,
Qatar’s UDC Plans $400 Million Convertible Bond Issue (Update1) (Bloomberg - 04/08/2010)

United Development Co., a Qatari company that invests in real estate and energy, plans to sell about $400 million of convertible bonds by year-end, the executive vice president of finance said. The five-year bond sales will provide funding for the
Mannai Corp IT arm buys 75% in Jordan software firm (Gulf Times - 04/08/2010)

Mannai Corporation’s IT subsidiary Mansoft Qatar is acquiring a 75% stake in Jordan-based Utility Information Systems Consultants (UtilNet) for QR20mn as part of its strategy to expand global operations. In a communiqué to the Qatar Exchange, Mannai said
UDC posts QR353m H1 profit (The Peninsula - 04/08/2010)

The United Development Company (UDC) posted net profits to the tune of QR353m in the first half (H1) of this year, up seven percent over the corresponding period of 2009. Earning per share (EPS) was QR2.54 for the period under review. Total assets
United Development Plans to Sell $400 Million Bonds by End-2010 (Bloomberg - 03/08/2010)

United Development Co., a Qatari company that invests in real estate and energy, plans to sell $400 million of convertible bonds by the end of 2010, Executive Vice President of Finance Abdullah Araj said in an interview today.

<1>
Research Reports
GCC Stock Markets - Daily Daily Market Review - Saudi Stock Exchange Daily Market Review - Dubai Financial Market Daily Market Review - Abu Dhabi Securities Exchange Daily Market Review - Kuwait Stock Exchange more..
Most Viewed News
Most Viewed Companies
Ticker Price Volume
RIBL 24.7 220,469
ALKHODARI 31.2 395,717
EMAAR 5.66 7,755,492
WATANIYA 99.25 509,246
NBAD 12.35 328,558
UCA 36.5 203,884
SAGRINSURANCE 24.2 518,593
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?