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Emaar to distribute 100pc share capital as dividends for 2024

Dubai master-developer Emaar Properties has announced plans to distribute 100% of its share capital as dividends for FY 2024 amounting to AED8.8 billion ($2.4 billion), reinforcing its commitment to delivering exceptional value to shareholders

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Sohar wins investors' nod for $2.58bn share capital hike

Leading Omani bank Sohar International has announced that it has won approval from shareholders to increase its authorized share capital from RO400 million ($1.03 billion) to RO1 billion ($2.58 billion). It also approved the issuance of 75,000

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Emaar gets investor nod for malls' merger, share capital boost

Leading Dubai developer Emaar Properties has announced that it has won shareholders' approval for the company's merger with its retail and shopping mall unit - Emaar Malls.    The merger, which was a

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Adnoc Drilling to offer 7.5% stake in IPO

Adnoc Drilling has announced its plans to offer 7.5% of its issued share capital in an initial public offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). The offering of the shares will in

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Adnoc Drilling to offer 7.5% stake in IPO

Adnoc Drilling has announced its plans to offer 7.5% of its issued share capital in an initial public offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). The offering of the shares will in

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FAB to acquire 100% of Bank Audi Egypt’s share capital

First Abu Dhabi Bank (FAB) and Bank Audi sal have announced the signing of a definitive agreement for the acquisition by FAB of 100% of the share capital of Bank Audi sae, Bank Audi’s subsidiary in Egypt, a media report said.

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RAK Petroleum announces key changes in share capital

RAK Petroleum, the Oslo-listed oil and gas investment company, has announced that  36,000 Restricted Class A Shares have been re-designated as Class A Shares and 36,000 Class B Shares, representing 72,000 votes, have been transferred to t

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RAK Petroleum announces key changes in share capital

RAK Petroleum, the Oslo-listed oil and gas investment company, has announced that  36,000 Restricted Class A Shares have been re-designated as Class A Shares and 36,000 Class B Shares, representing 72,000 votes, have been transferred to t

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Amlak to launch IPO for 30pc of share capital

Saudi Arabia-based Amlak International for Real Estate Finance has announced its intention to proceed with an Initial Public Offering (IPO) representing 30% of the company’s share capital on the Saudi Stock Exchange (Tadawul).  

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Amlak to launch IPO for 30pc of share capital

Saudi Arabia-based Amlak International for Real Estate Finance has announced its intention to proceed with an Initial Public Offering (IPO) representing 30% of the company’s share capital on the Saudi Stock Exchange (Tadawul).  

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