GulfBase Live Support
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.”
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
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
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
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
Bahrain Islamic Bank (BisB) has announced the relaunch of its Al Thuraya Premium Banking Services with a selection of new unique features tailored to cater to the needs of High Net Worth Individuals
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way merger with another bank collapsed last week, sources told Reuters on Wednes
Aldar Properties, a leading developer in Abu Dhabi, UAE, said it has signed up global hospitality giant Marriott International to manage one of its most strategically located hotels on Yas Island.
SABIC participated in the 86th annual conference of the International Fertilizer Association (IFA) in Berlin on June 18-20 as the Gold sponsor to underline the vital role played by the company in mee