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- Bahrain All Share Index, Islamic Index close lower
- NBK launches a new suite of updates and enhancements to its Mobile Banking App
- Global stocks drop at end of record year for markets
- Bank Muscat successfully manages OMR200mn Sovereign Sukuk Issuance
- Projects worth over OMR363mn awarded
- Oman Broadband aims to connect 1mn homes with fiber-optic network
- UAE raises minimum wage for Emiratis to AED6,000 per month
- Bank Nizwa closes $519m Omani sovereign sukuk issue
- Gold set for best year in nearly half a century
- ACWA Power agrees to buy stakes in 5 China wind power projects
14/03/2018 05:52 AST
Air Arabia's shareholders on Tuesday approved the distribution of a 10 per cent cash dividend for the 2017 financial year during the company's annual general meeting.
The dividend, which is equivalent to 10 fils per share, comes after the budget carrier reported Dh662 million in net profit for 2017, marking a 30 per cent jump year-on-year as the airline grew its network and cut costs.
At the annual general meeting, Air Arabia said it is "strongly poised to overcome any future challenges."
Gulf News
16/12/2025
Air Arabia has launched daily non-stop flights between Sharjah and Munich, opening its first direct connection to Germany from its home hub in the UAE.
The service began on December 15 and i
Gulfnews
01/12/2025
Air Arabia has inaugurated its daily nonstop service between Sharjah and Krabi, providing a direct connection between the UAE and the coastal Thai city.
The inaugural flight departed from Sh
Trade Arabia
05/11/2025
Air Arabia has inaugurated its first non-stop service between Ras Al Khaimah and Kazan, expanding connectivity between the UAE and Russia and marking another step in the airline's growing operations
WAM
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01/01/2026
As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to
Kuwait Times
01/01/2026
Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea
ONA
01/01/2026
Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b
Trade Arabia
01/01/2026
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The company said it received
Trade Arabia
01/01/2026
Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele
Trade Arabia
Financial Information Co.
Saudi Arabia