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- Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
- Bahrain Marina seals partnership deal with Batelco by Beyon
- Investcorp Capital acquires $400m industrial assets across US
- The British Embassy honors Gulf Bank for empowering people with disabilities
- Saudi flour company MC4 starts work on new production facility
- Alba celebrates major contributions of its female workforce
- H&H unveils new ultra-luxury destination in Jumeirah
- Top architect Frida Escobedo lands contract to design Qatar ministry HQ
- QSE edges lower on selling pressure in banks, consumer goods & insurance; M-cap adds QR2.13bn
- US, UAE Central Banks on track for final interest rate cut of 2025 next week
14/05/2017 09:48 AST
With reference to the Company announcement on 20/04/2017 regarding the implementation of procedures and instructions issued by the Capital Market Authority for listed companies whose accumulated losses amounted to 20% and more of its capital in accordance to The Board of the Capital Market Authority No. 1-130-2016 dated 24/10/2016, where the accumulated losses of the Company by the end of 31/12/2016 amounted SR 29.103 million equivalent to 38.8% of its paid-up capital.Therefore and with reference to the Company announcement of its preliminary financial results for the period ending 31/3/2017 (three months) on 11/05/2017 Asharqiyah announces the adjustment of its position and the amortization of all its previously reported accumulated losses. The adjustment was captured through the implementation of the International Financial Reporting Standards (IFRS) instead of the traditional accounting standards where the Company recorded the value of the government grant reclaimed land that have not been previously assessed nor recorded in the Companys financials. With that the previously recorded accumulated losses have been converted into net retained earnings of SR 154.142 million.
Tadawul
19/12/2017
Asharqiyah Development Co. announces that the Board Member Mr. Ahmed Nasser Alzarah (Independent) has submitted his resignation from his position to the Board of Directors on 18-12-2017 with effect f
Tadawul
17/01/2016
Ash-Sharqiyah Development Co. announces of submit the Managing Director and Chief Executive Officer Mr. / Mohammed bin Ahmed Al Rahma for his resignation from the post of Member of Managing Director
Tadawul
20/01/2013
ASH-SHARQIYAH DEVELOPMENT COMPANY ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING 31/12/2012
1.the total net loss during the fourth quarter S.R1.71 million compared to S.R 5.95 m
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALMARAI | 44.20 | 0.00 (0.00 |
| SADAFCO | 238.50 | -2.80 (-1.17 |
| SAVOLAGROUP | 24.30 | 0.00 (0.00 |
| NADEC | 18.42 | -0.10 (-0.54 |
| FIRSTMILLS | 49.74 | 0.30 (0.60 |
05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
05/12/2025
Bahrain Marina Development Company (BMDC), the master developer of the Bahrain Marina project on the eastern waterfront of Manama, has announced the signing of a strategic partnership agreement with
Trade Arabia
05/12/2025
Investcorp Capital (ICAP), a company listed on the Abu Dhabi Securities Exchange, today (December 4)announced that it has successfully acquired a diversified portfolio of industrial assets for $400 m
Trade Arabia
05/12/2025
In recognition of its sustained commitment to promoting inclusivity and fostering a workplace environment that embraces all segments of society, Gulf Bank received a special invitation from the Briti
Kuwait Times
05/12/2025
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 m
Trade Arabia
Financial Information Co.
Saudi Arabia