Sunday 17 November 2024
 
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Mohammed bin Rashid orders AED14m bonus for taxi plate owners in Dubai

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered the payment of bonuses totalling over AED14 million ($3.81 million) to citizens whose taxi number plates are used by the Dubai Taxi C

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BBK to disburse $135m as dividend for 2019

Bahrain-based BBK’s recently held ordinary general assembly approved the Board of Directors’ recommendation to distribute BD51,374,480 ($135.1 million) as cash dividends for the year 2019. At 40 fils per share, this is

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Azizi offers $2.7m bonus for 'performing' contractors

Azizi Developments, one of the leading private developers in the UAE, has announced that it will incentivise its contracts with a bonus of up to Dh10 million ($2.72 million) to encourage the timely completion of its Dubai-based projects to the h

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$7m bonus to Dubai taxi plate owners

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has ordered bonus payments of Dh26.03 million ($7.09 million) to Emirati owners of 5,206 taxi number plates operated by Dubai Taxi Corporati

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Falcon Cement declares bonus shares

Falcon Cement Company (FCC) has concluded its meeting at Bahrain Financial Harbour (BFH), where the AGM approved the Board of Directors’ recommendation to distribute bonus shares of 10 per cent of the paid-up capital to shareholders.

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Falcon Cement declares bonus shares

Falcon Cement Company (FCC) has concluded its meeting at Bahrain Financial Harbour (BFH), where the AGM approved the Board of Directors’ recommendation to distribute bonus shares of 10 per cent of the paid-up capital to shareholders.

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UAE listed firms give $8.8bn in dividend, bonus

Cash dividends and bonus shares to the tune of Dh32.5 billion ($8.8 billion) have been distributed by 79 companies listed at Abu Dhabi Securities Exchange and Dubai Financial Market for Fiscal Year 2016, a report said. Distributio

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IHG Business Rewards launches new promotion

InterContinental Hotels Group (IHG) has launched its new IHG Business Rewards promotion, offering members the opportunity to earn 50 per cent extra bonus points at participating IHG hotels worldwide. As a way of thanking those who

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Bonus freeze of govt council members approved in Bahrain

Bonuses paid to heads and members of councils and committees affiliated with the Bahraini government have been frozen for two budget cycles, including the current one. The move will also apply to government-owned companies as well as those in

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Bahrain mulls bonus clamp for corporate heads

Bonuses paid to corporate board heads and members of state-owned companies in Bahrain are to be regulated, a report said. HRH Prime Minister Prince Khalifa bin Salman Al Khalifa ordered the review as he chaired the weekly Cabinet

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