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- Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
- Bahrain Marina seals partnership deal with Batelco by Beyon
- Investcorp Capital acquires $400m industrial assets across US
- The British Embassy honors Gulf Bank for empowering people with disabilities
- Saudi flour company MC4 starts work on new production facility
- Alba celebrates major contributions of its female workforce
- H&H unveils new ultra-luxury destination in Jumeirah
- Top architect Frida Escobedo lands contract to design Qatar ministry HQ
- QSE edges lower on selling pressure in banks, consumer goods & insurance; M-cap adds QR2.13bn
- US, UAE Central Banks on track for final interest rate cut of 2025 next week
30/03/2015 06:44 AST
The National Industries Company (NIC) said Wednesday it secured KD 9.6 million in profits in the first three quarters of 2014 with per share dividends amounting to 7.3 fils.
NIC's profits and dividends in the corresponding period of the previous year hit KD 10.4 and 7.9 fils respectively (a Kuwaiti dinar is worth USD 3.42).
The total value of shareholder dividends in the nine months ending on September 30, 2014, topped KD 471 million compared to KD 389.4 million in the corresponding period of 2013, according to a NIC statement posted on Kuwait Stock Exchange (KSE).
The value of NIC's assets hit KD 1.43 billion while its commitments amounted in value to KD 802.4 million in the first nine months of the year compared with KD 807 million in the corresponding period of 2013.
Founded in 1960, NIC is one of the leading companies in the Middle East specialized in manufacturing and marketing building materials and infrastructure products; it owns several industrial and financial companies in the Middle East, Europe and North America and operates 16 production plants and two quarries.
KUNA
21/05/2012
Kuwait's National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million Kuwaiti dinars (358 million US dollars) in a Shariah-compliant syndicated loan.
Al Watan
09/05/2010
National Industries Group, the largest industrial investment company in Kuwait, reported a first- quarter profit of 4.7 million dinars ($16 million).
The company had a loss of 36.6 millio
Bloomberg
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05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
05/12/2025
Bahrain Marina Development Company (BMDC), the master developer of the Bahrain Marina project on the eastern waterfront of Manama, has announced the signing of a strategic partnership agreement with
Trade Arabia
05/12/2025
Investcorp Capital (ICAP), a company listed on the Abu Dhabi Securities Exchange, today (December 4)announced that it has successfully acquired a diversified portfolio of industrial assets for $400 m
Trade Arabia
05/12/2025
In recognition of its sustained commitment to promoting inclusivity and fostering a workplace environment that embraces all segments of society, Gulf Bank received a special invitation from the Briti
Kuwait Times
05/12/2025
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 m
Trade Arabia
Financial Information Co.
Saudi Arabia