Saudi GIG’s board proposes SAR 1.5/shr dividend for 2023
Riyadh – Mubasher: The board of Gulf Insurance Group (GIG) recommended, in its 4 April 2024 meeting, the distribution of SAR 1.50 per share as a cash dividend for 2023. Upon the shareholders’ approval, the company would pay out a total of SAR …
Al Kathiri Holding’s unit wins SAR 21m project in Saudi capital
Riyadh – Mubasher: Al Kathiri Holding Company announced that its subsidiary Msandh Al Emdad Company has been awarded a project with the Presidency of State Security to establish a building in Riyadh. The contract, which value stands at SAR 20.99 …
Saudi Ground Services signs 5-year contract with flynas; value estimated at SAR 2bn
Riyadh – Mubasher: The Saudi Ground Services Company has signed a contract renewal deal with flynas on 13 April 2024, according to a bourse filing. Under the five-year contract, Saudi Ground Services will provide flynas domestic and international …
Tawuniya’s board recommends SAR 150m dividends for 2023
Riyadh – Mubasher: The Company for Cooperative Insurance’s (Tawuniya) board members suggested, in their 8 April 2024 meeting, a cash dividend payout worth SAR 1 per share for 2023. Subject to all relevant approvals, the 2023 cash dividends would …
ADES Holding announces SAR 350m contract award with TotalEnergies in Qatar
Riyadh – Mubasher: ADES Holding Company has received a letter of award from TotalEnergies in Qatar on 4 April 2024 for a jack-up rig. The contract comprises a firm one-year term in addition to three optional six-month extensions totalling up to 18 …
Knowledge Economic City inks nearly SAR 289m deals with Elkhereiji for Al Alya project
Riyadh – Mubasher: Knowledge Economic City announced signing two contracts with Elkhereiji Commerce and Contracting Company for Al Alya project at a combined value of SAR 288.60 million. The two deals were awarded and signed on 4 April 2024, …
Saudi Cable unveils 2 key appointments
Riyadh – Mubasher: Saudi Cable Company has appointed Sabri Alghamdi as the new Chairman of the company upon the board’s resolution on 7 April 2024, which built on the ordinary general meeting’s (OGM) approval on 3 April. The company also announced …
last updated on 15 Apr 04:09