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- Gulf Bank hosts tufting, embroidery workshop for red cardholders
- Bahrain All Share Index marks 1,946.89 points
- Bahrain sees robust pipeline of financial institutions: 16 new financial institutions licensed, 52 in progress
- Qatar Insurance company issues USD 500 million Tier II Bond
- 'Results of QSE listed companies to have positive impact on performance'
- Businesses in Japan opt to renovate aging facilities, not build new ones
- MPHC restructures partnership for salt production facility in Qatar
- Dubai school operator Taaleem moves closer to Dh1 billion in 2024-25 revenue
- Saudi Arabia Pledges $25 Bln Investment to Support Africa
- Gamezop to set up regional headquarters in Bahrain
28/02/2017 08:35 AST
Raysut Cement Company, the Sultanate's biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had paid 50 per cent dividend. The board's recommendation is subject to the approval of the shareholders in the annual general meeting, which will be held on March 14, 2017.
The company has achieved a consolidated net profit of OMR20.71 million in 2016, against OMR20.95 million for the previous year, according to a disclosure statement posted on the MSM website. The board has also approved the audited financial statements of the company.
The company's total revenue declined by 2.2 per cent to OMR92.59 million in 2016, against OMR94.68 million in 2015. Cost of sales increased to OMR61.22 million from OMR59.18 million. The company's basic earnings per share stood at 104 baisas by the end of December 2016, against 105 baisas for the same period of last year.
Times of Oman
27/03/2018
Raysut Cement Company, the regional leader and largest producer of cement in Oman, recently inaugurated its new state of the art fully automatic packing machine.
The new packer, installed
Times of Oman
27/07/2017
Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co.
The decision was taken at an extraordinary general meeting
Times of Oman
16/01/2017
Oman's Raysut Cement reported a 11.9 per cent decrease in fourth-quarter net profit on Sunday, according to Reuters calculations. Net profit rested at 4.53 million riyals (Dh43.3 million, $11.78 mill
Gulfnews
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 12.36 | -0.22 (-1.75 |
| IQCD | 12.45 | -0.05 (-0.40 |
| ADNOCLS | 4.63 | 0.00 (0.00 |
| NMDC | 24.92 | -0.18 (-0.72 |
| ADPORTS | 4.00 | -0.01 (-0.25 |
04/07/2025
In line with its ongoing commitment to enriching the youth experience, Gulf Bank recently organized a creative workshop on tufting and embroidery arts for its red cardholders, in collaboration with t
Kuwait Times
04/07/2025
Qatar Insurance Company Q.P.S.C. (QIC) announced that it has successfully issued a USD 500 million subordinated perpetual Tier II capital bond with a fixed coupon of 6.15%.
The issuance was
Gulf Times
04/07/2025
Mesaieed Petrochemical Holding Company (MPHC) is pleased to announce a significant update following our previous announcement on 23rd September 2024. The parties has reached a mutual agreement for th
The Peninsula
04/07/2025
The Dubai headquartered school operator Taaleem is moving closer to generating revenues of over Dh1 billion for its current financial year. In the first nine months, the company's cleared revenues of
Gulfnews
04/07/2025
Americana Restaurants International, a leading quick-service and casual dining operator across the Mena region and Kazakhstan, has signed an exclusive franchise agreement with carpo - a premium Greek
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia