News tagged "Shareholders"

Emaar Development pays US$ 283 mn cash dividend

Emaar Development pays US$ 283 mn cash dividend

18th October 2018

According to *Constructionweekonline news report, Emaar Development has paid shareholders a $283m (AED1.04bn) cash dividend, a sum representing more than a quarter of the Dubai developer's stock market valuation.[..]

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Orascom Construction net income increases 113.5% in Q2 2018

Orascom Construction net income increases 113.5% in Q2 2018

7th September 2018

According to *Tradearabia news report, Orascom Construction, a leading global engineering and construction contractor in the region, said its net income attributable to shareholders increased 113.5 per cent in the second quarter of 2018 to $50.6 million compared to $23.7 million for the same period last year.[..]

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Union Properties announces profit of US$ 6.7 mn for Q2

Union Properties announces profit of US$ 6.7 mn for Q2

20th August 2018

According to *ME Construction News report, Union Properties, the Dubai-based developer, has announced a profit of $6.7 million attributable to shareholders for the second quarter of the year, as compared to a loss of $623.4 million in the same period last year.[..]

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Empower pays US$109 Mn as dividends to its shareholders

Empower pays US$109 Mn as dividends to its shareholders

28th February 2018

According to *Tradearabia news report, Emirates Central Cooling Systems Corporation (Empower) said it has paid Dh400 million ($109 million) as dividends to its shareholders, from the profit of the company for the year ended on December 31, 2017.[..]

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Drake & Scull International wins approval on proposed capital restructuring programme

Drake & Scull International wins approval on proposed capital restructuring programme

30th May 2017

Drake & Scull International (DSI), a regional engineering and services leader, said it has won approval from shareholders on the proposed capital restructuring programme which will see the company pursue a two-pronged strategy with additional capital reduction in the first phase and endorsement of Dh500-million ($136 million) capital increase in the second phase.[..]

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