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GWC EGM approves setting up $550m Sukuk programmeGulf Warehousing Company (GWC), a logistics leader, announced that its Extraordinary General Meeting (EGM) on December 10 approved setting up a QR2 billion ($550 million) Sharia-compliant Sukuk programme. Sheik More… |
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GWC EGM approves setting up $550m Sukuk programmeGulf Warehousing Company (GWC), a logistics leader, announced that its Extraordinary General Meeting (EGM) on December 10 approved setting up a QR2 billion ($550 million) Sharia-compliant Sukuk programme. Sheik More… |
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Bank ABC approves cash dividends of $70m, a 50pc rise YoYBank ABC, a leading Mena bank, has received shareholders’ approval for a total dividend cash payout of $70 million (30% of net profits) and Additional Tier 1 (AT1) capital issuance of up to $400 million to support future growth. More… |
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Batelco EGM approves key resolutionsBatelco, an international telecommunications group with operations across 14 countries, today held an extra-ordinary general meeting to discuss proposed changes to Batelco’s Memorandum and Articles of Association. More… |
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Adib EGM to vote on capital raising planAbu Dhabi Islamic Bank (Adib) will hold an extraordinary general meeting (EGM) on June 21 to vote on a proposal to raise capital through a rights issue to support the bank’s continued growth. It will also hold a vote on a pr More… |
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Free Arabic movie platform launchedEGM Worldwide, the official digital partner of Dubai-based Rotana Media Group, has unveiled ‘RotanaCinema.com’, a platform to access Arabic movies for free. The website covers over 100,000 hours of entertainment with f More… |
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Savola EGM approves sukuk issuanceThe Savola Group, a leading conglomerate in Saudi Arabia, recently held an extraordinary general meeting (EGM) which approved issuance of sukuk with total value not exceeding the company’s paid-up capital. The EGM also voted More… |
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Aabar to consider EGM to delist from bourseAbu Dhabi-based Aabar Investments will meet on June 24 to discuss a date for an extraordinary general meeting as it considers converting to a private joint stock company and delisting from the bourse. International Petroleum Investment Co More… |
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Shuaa extends note maturityShuaa Capital has extended the maturity date of its outstanding convertible notes, issued in October, 2007 and subscribed by Dubai Banking Group (DBG). The decision was announced at the company’s third session of the extraordinary general More… |
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Shuaa Capital EGM postponedShuaa Capital, the region’s leading financial services institution, has postponed its Extraordinary General Assembly (EGM) for lack of the required 75 per cent quorum. Shuaa Capital’ s board of directors invites shareholders to attend a se More… |
