GulfBase Live Support
Leave a message and our representative will contact you soon
06/04/2014 11:55 AST
Kuwait's National Industries Group has signed a memorandum of understanding to sell a 29.9 percent stake in Noor Financial Investment Co to an unidentified buyer for 28 million dinars ($99.43 million), the company said on Sunday.
National Industries owns 50.4 percent of Noor. The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse. ($1 = 0.2816 Kuwaiti Dinars)
Reuters
27/08/2012
A Kuwaiti investment company wants a US court to allow it to pursue legal action against Carlyle Group in the Arabian Gulf state.
National Industries Group (NIG), owned by one of Kuwait's
The National
18/08/2012
Capital Intelligence (CI), the international credit rating agency, announced that it has reaffirmed the rating of NIG Sukuk Company's $475m Mudaraba Sukuk at 'BBB-'. The Outlook for the rating is 'St
AME Info
15/08/2012
Kuwait's National Industries Group Holding (NIG) will repay its 475 million US dollars Islamic bond, or Sukuk, when it matures on August 16, it said on Tuesday, dropping earlier plans to get a four-y
Reuters
Ticker | Price | Volume |
---|---|---|
RIBL | 29.65 | 2,130,721 |
MAADANIYAH | 18.00 | 151,342 |
ALDREES | 141.40 | 522,113 |
IQCD | 13.65 | 1,642,147 |
FIPCO | 45.05 | 42,576 |
NEFTALSHARQ | 4.20 | 52,662 |
SIPCHEM | 23.20 | 725,926 |
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