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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
United Development Company, the master developer of The Pearl-Qatar, will be launching a new state-of-the-art island project as part of UDC’s QR5.5bn estimated investment for the next five years.
Qatar’s first Shari’a-compliant exchange traded fund and arguably, the largest single-country Shari’a compliant ETF in the world was listed on Qatar Stock Exchange (QSE) yesterday. The Al Rayan Qatar
QIIB has announced the appointment of Sheikh Abdulaziz bin Abdullah bin Faisal Al Thani, as the Chief- Corporate Banking Sector and Sheikh Mohammed bin Ali Al Thani as Chief-Treasury & Investments. T
Pearl Petroluem, a consortium led by Crescent Petroluem and Dana Gas, on Wednesday said that it has signed a 10-year gas sales agreement with the Kurdistan regional government.
Under the ag
Celebrating 70 years of supporting Oman’s economic growth and development is the focus of a series of roadshows launched this week at HSBC Bank Oman’s branches across the country to mark the bank’s m
Oman Daily Observer