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26/03/2011 00:00 AST
The Fujairah Building Industries Company's (FBICO) board of directors announced the distribution of a six per cent cash profit to shareholders for the year 2010.
The company's profit given out to stockholders in 2009 was 10per cent.
This was announced during a general assembly meeting held at the Siiji Al Diar hotel in Fujairah headed by Engineer Mohamed Majid Al Alili, Director of the Industry and Economy Department and chairman of the board of directors of FBICO.
Eng Al Alili said the company posted last year 2010 a net profit of Dh15.2 million against Dh44.3 million in 2009, down by 66 per cent. Thus, the net profit per share in 2010 came to 12 fils, compared to 35 fils in 2009.
Al Alili added that the revenues rate of FBICO for 2010 stood at Dh209 million against Dh250.7 million in 2009, reporting a drop of 17 per cent.
FBICO posted a 3.5 per cent rise in total assets to Dh455.4 million in December 21, 2010. The total capital of the company recorded in December 31, 2010 amounted to Dh126.5 million, the same capital value reported in 2009.
Khaleej Times
13/04/2015
Fujairah Building Industries said on Sunday its ordinary general meeting had approved bonus shares amounting to more than 9.5 million shares, about 7.5 per cent of the capital.
After the i
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
05/02/2026
Invest Qatar, the Investment Promotion Agency of Qatar, and Doha Bank have announced a strategic partnership aimed at further enhancing the ease of doing business for foreign investors entering the Q
Gulf Times
05/02/2026
In celebration of Kuwait's national holidays, in which the country commemorates its beautiful history and achievements, National Bank of Kuwait announced a limited-edition issuance of KWD Visa Prepai
Kuwait Times
05/02/2026
As strategic partner to the second edition of the International Digital Cooperation Forum (IDCF) 2026, held 4 and 5 February 2026 at the Jumeirah Messilah Hotel, Kuwait City, ZainTECH is supporting t
Kuwait Times
05/02/2026
OQ Group and Kuwait Petroleum International (KPI) signed an agreement on Tuesday in Kuwait to develop a petrochemical project in the Special Economic Zone at Duqm (SEZAD).
The agreement was
Muscat Daily
05/02/2026
K Hovnanian ME Investments (KHME), a subsidiary of Hovnanian Enterprises, and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed a memorandum of understanding (MoU) with Sau
Trade Arabia
Financial Information Co.
Saudi Arabia