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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
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 | 8.42 | -0.02 (-0.24 |
| JADWAREITSAUDI | 10.34 | -0.14 (-1.34 |
| ALWAHAREIT | 11.52 | 0.00 (0.00 |
| BONYANREIT | 9.40 | 0.02 (0.21 |
| SEDCOCAPITALREIT | 7.15 | -0.02 (-0.28 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
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
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia