Rakez partners with noqodi to offer e-wallet optionsRas Al Khaimah Economic Zone (Rakez) has partnered with noqodi, a UAE-based fintech company, to extend an array of digital payment solutions to its clients. This collaboration gives businesses operating in the economic zone More… |
BCFC shareholders to get 50pc cash payoutBahrain Commercial Facilities Company (BCFC) general assembly has approved a cash dividend of 50 per cent or 50 fils per share, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit More… |
BKIC approves 30pc cash dividend payoutBahrain Kuwait Insurance Company’s (BKIC) shareholders will receive a cash dividend of 30 per cent (BD2.1 million/$5.6 million) of the paid-up capital, it has emerged reported the Gulf Daily News (GDN), our sister publication. More… |
NBB pays 35pc dividend to shareholdersNational Bank of Bahrain (NBB) has awarded its shareholders total cash and stock dividend payouts of 35 per cent for last year, said a report in the Gulf Daily News (GDN), our sister publication. To re More… |
Payouts for petrol price rise backed in BahrainAn urgent proposal to compensate Bahrainis for higher petrol prices has been unanimously approved by parliament. It was tabled yesterday (February 2) by 22 MPs led by Mohammed Al Ahmed, after the government raised petrol prices at the pumps on More… |
$13m payout call in theme park row in BahrainAn investor behind a proposed theme park in Muharraq, which was set to feature Bahrain’s first indoor ski slope, will seek BD5 million ($13.1 million) in compensation if his contract is terminated. The Muharraq Municipal Council said it More… |
130,000 enlist for subsidy payouts in BahrainMore than 130,000 Bahraini breadwinners have so far been registered for cash payouts they will receive once government meat subsidies are scrapped. Around 117,000 were automatically signed up as they were already enrolled with the Social Devel More… |
Awal Bank wins $700m payout judgementA Bahraini bank has won a massive payout from a Saudi businessman described as ‘one of the biggest monetary judgements ever awarded in the GCC.’ Maan Al Sanea has been ordered by Bahrain's High Civil Court to pay A More… |
Payout delay agony for Bahrain Air staffToday (February 12) marks the second anniversary of Bahrain Air going into liquidation, leaving hundreds of employees without a job and thousands of customers out of pocket. Millions of dinars are still owed by the former airline, More… |
Big Saudi firms to pay bonuses after royal handoutSeveral of Saudi Arabia's largest listed companies said on Monday they would pay out hundreds of millions of dollars in bonuses, days after the new king ordered a handout to Saudi state employees to mark his accession. Saudi A More… |