Please wait...
GulfBase Live Support
- Saudi riyal symbol: strategic step toward global financial standing
- Bahrain All Share Index, Islamic Index close lower
- Oman's non-oil exports fall 16% in 2024; re-exports rise 15%
- Oman ranks 58th in 2025 Economic Freedom Index
- QCB foreign reserves grow 3.81% in February 2025
- Doha Bank announces exclusive benefits for NRIs on Visa Platinum Debit Card
- China-US trade war heats up with Beijing's tariffs to take effect
- Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum
- Qatar's international reserves climb 3.81% to $70.29bn in February
- Closing Bell: Tadawul rises on positive trading day, Nomu follows suit
07/12/2014 20:25 AST
The CMA Board has issued its resolution approving Saudi Advanced Industries Company's (SAIC) request to increase its capital from SAR (432,000,000) to SAR (500,000,000) through issuing one bonus share for every (6.35) existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (68,000,000) from the "Premium Reserve" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (43,200,000) shares to (50,000,000) shares, by an increase of (6,800,000) shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly, which will be determined later by the Company's board, and should be held within six months from the approval date. This approval is conditional on the Company satisfying the regulatory requirements of Companies Law and any other applicable laws.
Tadawul
23/04/2014
Appending to the announcement on Tadawul website on 21-4-2014 regarding the sale agreement for all its shares in NPS Bahrain for Oil and Gas Wells Services Company, SAIC explained that the mentioned
Tadawul
| Ticker | Price | Volume |
|---|
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia