Please wait...
GulfBase Live Support
- Dollar edges lower after US credit downgrade, Aussie pares losses before RBA
- Asia shares slip on mixed China data, drop in Wall St futures
- Hyundai Motor Manufacturing Middle East breaks ground for Saudi plant
- Qualcomm to set up Global Engineering Center in Abu Dhabi
- Saudi startup Ejari plans to scale as demand grows
- Gulf International Bank closes debut $500 million islamic syndicated financing facility
- Bahrain All Share Index closes higher
- Oman Investment Authority achieves 21% growth in asset value
- India's forex reserves hit 7-month high of $690.6 billion
- Saudi entertainment industry set to power economic diversification
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 |
|---|
19/05/2025
The US has pledged up to $60 billion in investments for UAE energy projects, reinforcing a strategic partnership announced during the UAE-US business dialogue with President Donald Trump.
Khaleej Times
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia