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22/02/2018 05:49 AST
Global Investment House said on Wednesday that it proposed to pay 5 per cent cash dividend to their shareholders.
The Mena region focused investment bank reported a net profit of 2.5 million Kuwaiti dinars in 2017 on total revenues of 14.1 million dinars.
The firm reported a fee and commission income of 10.3 million dinars, representing 73 per cent of total revenues.
Hareb Al-Darmaki, Chairman of the Board of Directors, said: "Global has remained on a consistent path of profitability for the fifth consecutive year, driven by effective implementation of its fee business driven strategy. We are delighted by these financial results, which were generated during difficult times for the capital markets and the investment services industry in the region."
Gulf News
25/09/2016
Global Investment House (Global) announced that its alternative asset management arm, Global Capital Management (GCM), concluded a successful exit from the controlling 93.27 percent stake in Jordan T
Arab News
11/11/2015
Global Investment House ("Global" or the "Company") announced its financial results for the nine months ended Sept 30, 2015. During 9M 2015, the Company recorded a net profit of KD 5.9 million (US$19
Arab Times
22/10/2014
Shareholders of Kuwait's Global Investment House have approved the write-off of 94.7 million dinars ($327.9 million) of the company's losses through a capital reduction, the investment firm said in a
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 156.00 | 1.00 (0.64 |
| BAYANINV | 59.50 | 0.80 (1.36 |
| GFC | 143.00 | 5.00 (3.62 |
| KINGDOM | 9.09 | 0.21 (2.36 |
| TADAWULGROUP | 195.80 | 1.40 (0.72 |
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
Financial Information Co.
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