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The CMA has issued its resolution approving Nama Chemicals Company's request to reduce its capital from SAR (1,285,200,000) to SAR (235,200,000), thus reducing the number of shares from (128,520,000) shares to (23,520,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
Nama Chemicals Co. EGM held on Thursday 11/05/2017 has approved the capital reduction. Thus, the fluctuation limits on Sunday 14/05/2017 for Nama Chemicals Co. will be based on a share price of SAR
Nama Chemicals Co. has assigned Aljazira Capital on 06-08-2016 as financial advisor to manage the offering rights issue.
Nama Group signed an agreement with Oman Network of Volunteers “Taawon” to launch the second “Wiyakum” project as part of the Group’s sustainability programme. The RO 80,000 agreement was signed at
Oman Daily Observer
Saudi Arabia's Advanced Petrochemical Company signed an agreement with South Korea's PolyMirae through its subsidiary to set up a $420 million (Dh1.54 billion) polypropylene plant through a joint ven
Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in the Kingdom of Bahrain, has announced its sponsorship of the events and activities of the Bahrain Sports Federation for Disabiliti
RakBank, a leading bank in the UAE, has partnered with Xpress Money, a major money transfer brand, to offer convenient money transfer services to RakBank customers through the bank’s remittance servi
Kuwait Finance House – Bahrain (KFH-Bahrain), a top Islamic banking services provider, will finance the construction of new buildings at Ibn Khuldoon National School, following the recent agreement s
Fitch Ratings has upgraded the outlook of Doha Bank from negative to stable and affirmed the long-term Issuer Default Ratings (IDR) at ‘A’, it was announced in a statement.
“The upgrade to