“Zakat” requests VAT returns for the month of March and the first quarter of 2024
Riyadh – Mubasher: The Zakat, Tax and Customs Authority called on establishments from the business sector subject to value-added tax whose annual supplies of goods and services exceed 40 million riyals to submit their tax returns for the month of last March. Meanwhile, according to a statement issued today, Sunday, the authority called on establishments […]
39.3 trillion dirhams, total bank transfers in the UAE over 3 years
Abu Dhabi – Mubasher: The total bank transfers in the UAE over the past three years amounted to 39.3 trillion dirhams ($11 trillion), according to data issued by the Central Bank. The data stated that remittance activities witnessed record annual increases, as they achieved an annual average growth of 33% over the period, as the […]
Omani Chrome recommends cash dividends and free shares
direct: The Board of Directors of Oman Chrome Company (OCCI), listed on the Muscat Stock Exchange, recommended distributing cash dividends and free shares to its shareholders. The company explained in a statement to the stock exchange that the proposed cash distribution represents 10 percent of the capital, at 100 baisas per share. The company added […]
MSCI adds “Addis” to its global index… and 4 Saudi companies for small companies
Riyadh – Mubasher: MSCI announced its periodic review of its global indices, in addition to the indices of small-capitalization companies, and the number and names of companies that were added to indices and others that were deleted. At the level of the Saudi stock market, MSCI revealed in its periodic review that the shares of […]
Individual subscription for the “Modern Mills” offering for listing on the Saudi market begins
Riyadh – Mubasher: The retail subscription phase for the “Modern Mills” Company’s offering began today, Tuesday, in preparation for listing on the Saudi Stock Market (Tadawul). The individual subscription phase will continue from Tuesday, March 5, 2024, until Wednesday, March 6, 2024, at 11:59 pm Saudi time, where 2.454 million ordinary shares, representing 10% of […]
Bupa Arabia for Cooperative Insurance Company announces its consolidated annual financial results ending on 12-31-2023
The reason for the increase (decrease) in revenues during this year compared to the previous year: Insurance revenues in the current year amounted to 15,887,715 thousand Saudi riyals compared to 12,873,111 thousand Saudi riyals for the previous year, an increase of 23.42%, and this is mainly due to the growth of operations and the increase […]
Ataa Educational Company announces the results of the Ordinary General Assembly Meeting (first meeting)
The first item: The Board of Directors’ report for the financial year ending on 07/31/2023 was reviewed and discussed. The second item: Approval of the company’s auditor’s report for the financial year ending on 07/31/2023. Item Three: The company’s financial statements for the fiscal year ending on 07/31/2023 were reviewed and discussed. Clause Four: Approval […]
Egypt.. “Export Industries”: establishing a digital platform for e-commerce for manufactured foods
Cairo – Mubasher: The Food Export Council announced that a digital platform for e-commerce for manufactured foods is being established to develop Egyptian food exports in cooperation with Distichain, one of the companies providing digital transformation and information technology services. The Council stated in a statement that a cooperation protocol was signed with the Arab […]
Mützenich warns against divisions in society
The traffic light’s laboriously reached agreement on an austerity package has met with a lot of criticism. It’s not just social associations that fear serious consequences for social cohesion. SPD parliamentary group leader Rolf Mützenich has called for the debt brake to be suspended for the coming year and has otherwise warned of a split […]
Defense industry warns against cuts in defense
In view of the budget crisis, the arms industry is worried about savings in the defense sector. However, this should under no circumstances happen. In view of the budget crisis, the arms industry has warned against savings in the defense sector and called for a commitment to NATO’s two percent target. “Germany is no longer […]
