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- Salik: Investors pile into share even with near 100% rise - new dividends help
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28/01/2018 13:02 AST
Riyad Bank, one of the largest financial institutions in Saudi Arabia, said its investment banking arm is set to distribute dividends worth SR15 million ($4 million) to the unitholders of its real estate investment traded funds (REITs) for the period covering the second half of 2017.
A leading player in the kingdom, Riyad Bank ranks third in terms of asset value.
The dividend per unit SR0.30 represents three per cent of the Face Value, said the bank in its filing to the Saudi bourse Tadawul.
Dividend represents 2.9 per cent of net asset attribute to unitholders as of June 30, 2017. The eligibility of dividends shall be for the unitholders in the register on February 18, 2018, it added.
Trade Arabia
28/01/2018
Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34 million) impairment on its steel unit, Hadeed, in the fourth quarter and still sees challenges in the steel mar
Reuters
14/11/2017
Riyad REIT Fund announces Capital Market Authority approval on 12/11/2017 for changes to the Board of Directors effective on the 12th of November 2017. The changes will be as the following:
Tadawul
15/10/2017
Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALRAJHIREIT | 8.16 | 0.00 (0.00 |
| JADWAREITSAUDI | 10.22 | -0.01 (-0.10 |
| ALWAHAREIT | 11.00 | 0.56 (5.36 |
| BONYANREIT | 9.16 | 0.02 (0.21 |
| SEDCOCAPITALREIT | 6.58 | -0.06 (-0.91 |
15/08/2025
The Dubai toll operator Salik is having another good day on DFM, with the share trading 0.76% higher at Dh6.6 - after gaining more than 3% Thursday (August 14).
Salik's latest financials pro
Gulfnews
15/08/2025
Gulf International Services, yesterday reported a net profit of QR408m for the six-month period ended 30 June 2025, representing an improvement of 14 percent versus the same period of last year. Earn
The Peninsula
15/08/2025
Qatar Oman Investment Company reported a 216.15 percent surge in net profits during the first half of 2025, reaching QAR 4.005 million, compared to QAR 1.266 million in the same period of 2024.
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Gulf Times
15/08/2025
KIPCO - Kuwait Projects Company (Holding) - reported a record operating profit of KD 88.7 million ($290.5 million) for the first six months of 2025, a 9.9 percent increase from the KD 80.8 million ($
Kuwait Times
15/08/2025
Saudi Aramco signed an $11 billion lease-and-leaseback agreement with a consortium led by Global Infrastructure Partners, part of BlackRock, for midstream assets tied to its Jafurah gas development.
Arab News
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