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Economy

Taiba shareholders approve acquisition of Savola’s stake in KEC for $122m

Follow-ups -eshrag News: Wed, 2022-09-14 09:45 RIYADH: Taiba Investments Co. received its shareholders’ approval to purchase all stakes owned by…

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Economy

Saudi electronics supplier eXtra’s shareholders to vote on raising capital to $231m

Follow-ups -eshrag News: Tue, 2022-09-13 16:37 RIYADH: United Electronics Co., also known as eXtra, is seeking its shareholder’s approval to…

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Economy

Saudi telecom major stc shareholders approve 150% capital hike to $13bn

Follow-ups -eshrag News: HOUSTON: Oil prices fell more than $7 a barrel on Tuesday, the steepest decline in about a…

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Economy

Al-Jouf Cement’s shareholders approve 24% capital cut to amortize debt 

Follow-ups -eshrag News: Tue, 2022-08-30 08:43 RIYADH: Saudi-listed Al-Jouf Cement Co. has received its shareholders’ approval to reduce its capital…

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Economy

Saudi developer Jabal Omar’s shareholders to vote on capital hike to $3bn

Follow-ups -eshrag News: RIYADH: Saudi Jarir Marketing Co., known as Jarir Bookstore, reported a 6 percent drop in profit during…

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Economy

Saudi Cable gets shareholders’ nod for 75% capital cut to reduce losses

Follow-ups -eshrag News: Tue, 2022-07-26 08:37 RIYADH: Saudi Cable Co. received its shareholders’ approval to reduce the company’s capital by…

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Economy

Saudi Investment Bank shareholders set to receive $80m dividends for H1 

Follow-ups -eshrag News: BEIRUT: With their money stuck in banks, the steep devaluation of the Lebanese lira, the de-facto suspension…

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Economy

Saudi retailer Alhokair shareholders approve $304m capital reduction

Follow-ups -eshrag News: RIYADH: The Saudi Cabinet has approved a law allowing the creation of a new type of company…

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Economy

Sipchem’s shareholders to receive $388m in semi-annual dividends

Follow-ups -eshrag News: Wed, 2022-06-29 16:51 RIYADH: Sahara International Petrochemical Co, or Sipchem, will distribute SR1.27 billion ($388 million) in…

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Economy

SADAFCO shareholders approve $26m half-year dividend

Follow-ups -eshrag News: Wed, 2022-06-29 08:55 RIYADH: Saudia Dairy and Foodstuff Co.’s shareholders have approved the board proposal to distribute…

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