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21/01/2010 00:00 AST
The Board of Directors of Dhofar Cattle Feed (DCF) yesterday approved the sale of its entire holding of 9,967,845 shares of BankDhofar in a deal expected to generate around RO 7.3 million cash for the company. The proceeds will be used to settle part of the company's long term and short term loans, while the remainder will be retained for its working capital, DCF said in a communication to the Muscat Securities Market (MSM). The divestment is also expected to yield a profit of around RO 5.5 million, which will be transferred from the company's Investment Fluctuation Reserve to the Profit and Lloss Account, it added.
Oman Daily Observer
10/03/2012
Dhofar Cattle Feed (DCF) says it is awaiting details of a formula to be applied by feed manufacturers for calculating the subsidy on feed products. The subsidy came into force with effect from Januar
Oman Daily Observer
| Ticker | Price | Volume |
|---|---|---|
| MAADANIYAH | 18.00 | 151,342 |
| FIPCO | 45.05 | 42,576 |
| NEFTALSHARQ | 4.20 | 52,662 |
| TRAFCO | 0.29 | 0 |
| ASG | 0.00 | 0 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| AQASEEM | 50.50 | 1,483 |
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 11.16 | -0.04 (-0.36 |
| IQCD | 13.65 | 0.15 (1.11 |
| ADNOCLS | 5.19 | 0.02 (0.38 |
| ADPORTS | 4.97 | 0.05 (1.01 |
| NMDC | 24.92 | 0.08 (0.32 |
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
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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