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- Saudi bank lending hits record $788bn as corporate loans surge
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07/08/2014 07:58 AST
Al Anwar Holding said its net profit surged ahead by 28 per cent to OMR1.59 million for the first quarter ending June, 2014.
The investment company's total income also rose 26 per cent to OMR2.36 million from OMR1.88 million, while total expenses showed a growth of 19 per cent to OMR696,000.
It's earnings per share (on annualised basis) stood higher at 39 baisas, against 29 baisas .
Al Anwar said its potential sale of its entire 33.63 per cent stake will generate a sale proceeds of OMR13.8 million and the same will be utilised for repayment of term loans as well for new investment opportunities to be approved by the board.
The transaction will generate a profit of OMR0.269 million in the consolidated group financials of the company. The preliminary financials are subject to review and recommendation by the audit committee and final approval of the board of directors.
Times of Oman
16/11/2017
AccorHotels, an international hotel chain, has signed a management agreement with Al Anwar Holdings SAOG for its brand new hotel - Novotel Muscat Athaiba. The agreement was signed by Masoud al Harthy
Oman Daily Observer
13/11/2017
Al Anwar Holdings (AAH) plans to sell its 9 per cent stake in Oman International Development and Investment Company (Ominvest) to Oman National Investment Corporation for OMR31.16 million. The compan
Times of Oman
19/01/2017
Al Anwar Holdings SAOG (AAH), an Oman-based company listed on the Muscat Securities Market, has announced that it will be divesting part of its holding in Falcon Insurance Company SAOC.
The
Oman Daily Observer
| Ticker | Price | Volume |
|---|---|---|
| SAUDIELECTRICITY | 17.32 | 1,083,445 |
| RIBL | 29.20 | 3,343,315 |
| MAADANIYAH | 18.10 | 371,342 |
| WINSRE | 163.00 | 212,941 |
| DEYAAR | 0.94 | 10,971,491 |
| SIIS | 0.68 | 3,956,180 |
| ACICO | 77.00 | 317,226 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
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