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- Bahrain All Share Index, Islamic Index close higher
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- Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group
- World Bank forecasts MENA growth at 2.6% in 2025, 3.7% in 2026
06/05/2009 00:00 AST
Bayan Investment Co. made a net profit of 11.2 million Kuwaiti dinars in the fiscal year ending Dec. 31, 2008, compared to KD 7.5 million the previous year, at an increase of 49.3 percent.
Chairman and Managing Director Faisal Al-Mutawa, speaking at the General Assembly on Tuesday, said the profit per share for 2008 was at 30 fils compared to 20 fils in 2007, after allocating provisions to counter the global economic crisis.
Al-Mutawa said these positive results came thanks to the solid and reserved measures taken by the management in the interest of achieving its ambitious investment strategy on the long?term.
The assembly approved the distribution of cash profit at 10 percent of the nominal share price, or 10 fils per share.
KUNA
19/08/2009
The Central Bank of Kuwait (CBK) has approved a request for renewing a prior consent granted to Bayan Investment Company for purchasing no more than 10 percent of its own issued shares for six months
KUNA
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 156.00 | 1.00 (0.64 |
| GFC | 143.00 | 5.00 (3.62 |
| KINGDOM | 9.09 | 0.21 (2.36 |
| TADAWULGROUP | 195.80 | 1.40 (0.72 |
| ALBAHA | 3.52 | 0.21 (6.34 |
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
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
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