Al Madina to approve changes in treasury stock

13/06/2016 06:54 AST

The extraordinary general assembly meeting of Al Madina For Finance and Investment will approve amendments to the company’s statute, such as allowing the company to buy and sell its treasury stock equal to 10 per cent of its shares issued at market value.

The meeting will be held on June 26, the company said in a statement posted on Dubai Financial Market’s website.

Al Madina For Finance & Investment was established in January 2005 and registered as an investment company with the Central Bank of Kuwait in April 2005 with an initial paid-up capital of 15 million Kuwaiti Dinars.


Gulfnews

News

Al Madina Investment enters healthcare sector

08/11/2015

A multi-use healthcare complex with several facilities including a tertiary care hospital, a three-star hotel apartment and residential housing units, is coming up at Al Hail in Seeb. The multi-use

Oman Daily Observer

Al Madina reports KD2.84 in losses for Q2

18/08/2014

Al Madina for Finance & Investment Company, a Kuwait-based firm, reported on Sunday a net loss of 2.84 million Kuwaiti dinar for the second quarter of this year, marking an drop from the 199,000 in l

Gulf News

Al Madina moves to reduce debt to Boubyan Bank

09/07/2014

In a statement to the local bourse, Kuwait-based Al Madina For Finance and Investment reported that it has agreed with Boubyan Bank to settle a debt of KWD 10 million ($35.9 million) in exchange for

CPI Financial

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Valuation

ALMADINA Sector Market
P/E
Price/BookValue

Top Related Companies

Ticker Price Change
EKHOLDING 294.00 -2.00 (-0.68%)
KPROJ 279.00 -3.00 (-1.07%)
NIND 149.00 0.00 (0.00%)
ALIMTIAZ 125.00 -3.00 (-2.35%)
FACIL 185.00 0.00 (0.00%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap