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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
19/05/2014 06:15 AST
The board of directors of Al Anwar Ceramic Tiles (AACT) has approved an expansion plan to enhance its capacity by four million square metres per annum. The company is looking to use alternative energy option till the regular natural gas allotment from the government is obtained.
The company' net profit grew marginally by one per cent to OMR2.22 million in the first quarter of 2014 from OMR2.20 million for the same period last year. The company's income was more or less same at OMR7.18 million.
The board of directors last year approved the proposal to set up a new joint venture in Oman to produce frit, which is a major component in tile glazing. The board also approved to convert its wet grinding body preparation facility (which runs on natural gas) to dry grinding facility (which runs on electricity).
Times of Oman
28/12/2014
Al Anwar Holdings, one of the major investment holding companies in Oman, said its stocks surged after the company's board decided to explore a potential buy-back of up to 10 per cent of its shares a
Reuters
08/04/2014
The company has authorized Muscat Clearing and Depository Co.SAOC (MCD) to distribute the cash dividend of 20% ( RO .020 per share) on behalf of the company for the year ended 31st Dec 2013.
Press Release
07/04/2013
We are pleased to advise all our shareholders that the company has authorized Muscat Clearing and Depository Co.SAOC (MCD) to distribute the cash dividend of 15% ( RO .015 per share) on behalf of th
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.94 | 0.00 (0.00 |
| IQCD | 12.15 | -0.30 (-2.41 |
| ADNOCLS | 4.40 | 0.02 (0.45 |
| NMDC | 24.04 | 0.20 (0.83 |
| ADPORTS | 3.90 | 0.01 (0.25 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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