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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
20/12/2017 09:00 AST
Amiantit signed a share purchase agreement with the Deccan Enterprises Ltd. (India) whereby Amiantit acquires from Deccan the minority shares of Amiantit Rubber Industries Co. Ltd. (ARIL) which operates in the rubber manufacturing industry. Amiantit is purchasing 20% of the shares of ARIL, thereby becoming the sole shareholder of this company, for a total consideration of SAR 1,800,000. The agreed effective date of the transaction is December 31, 2017. Since the consideration paid is lower than the book value of the shares purchased, the expected financial impact of the deal is a net increase in the Group's total shareholders' equity of about SAR 700,000. The deal is self-financed, and Amiantit will pay the agreed consideration amount upon finalization of required legal formalities.
Tadawul
02/01/2018
Amiantit announces that the elected Board of Directors has appointed on 1-1-2018 HH Prince Ahmad Bin Khaled Bin Abdallah Bin AbdulRahman Al Saud as Chairman and HRH Prince Abdulaziz Bin Mohammad Bin
Tadawul
17/09/2017
Saudi Arabian Amiantit Company announces the resignation of H.R.H Prince Turki bin Mohammad bin Fahd bin Abdulaziz Al-Saud as board member and Deputy Chairman (Non-Executive), H.R.H submitted his res
Tadawul
16/03/2015
Saudi Arabian Amiantit Co. announces that it's Ordinary general assembly meeting was not convened due to lack of quorum, which was scheduled to be held on 15-03-2015 Company's head office at the 1st
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 122.20 | -1.40 (-1.14 |
| ASTRAINDUSTRIAL | 147.60 | 0.40 (0.27 |
| OBEIKANGLASS | 31.20 | 0.90 (2.97 |
| RAOOM | 80.00 | -0.50 (-0.63 |
| BAWAN | 56.10 | 1.30 (2.37 |
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
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia