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22/02/2018 05:49 AST
Global Investment House said on Wednesday that it proposed to pay 5 per cent cash dividend to their shareholders.
The Mena region focused investment bank reported a net profit of 2.5 million Kuwaiti dinars in 2017 on total revenues of 14.1 million dinars.
The firm reported a fee and commission income of 10.3 million dinars, representing 73 per cent of total revenues.
Hareb Al-Darmaki, Chairman of the Board of Directors, said: "Global has remained on a consistent path of profitability for the fifth consecutive year, driven by effective implementation of its fee business driven strategy. We are delighted by these financial results, which were generated during difficult times for the capital markets and the investment services industry in the region."
Gulf News
25/09/2016
Global Investment House (Global) announced that its alternative asset management arm, Global Capital Management (GCM), concluded a successful exit from the controlling 93.27 percent stake in Jordan T
Arab News
11/11/2015
Global Investment House ("Global" or the "Company") announced its financial results for the nine months ended Sept 30, 2015. During 9M 2015, the Company recorded a net profit of KD 5.9 million (US$19
Arab Times
22/10/2014
Shareholders of Kuwait's Global Investment House have approved the write-off of 94.7 million dinars ($327.9 million) of the company's losses through a capital reduction, the investment firm said in a
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 159.00 | 1.00 (0.63 |
| BAYANINV | 56.60 | 0.20 (0.35 |
| GFC | 144.00 | -5.00 (-3.36 |
| KINGDOM | 8.84 | 0.09 (1.02 |
| TADAWULGROUP | 179.00 | -2.20 (-1.22 |
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
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
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