January 20, 2009
Market & Company News
Stock Symbol
First Gulf Bank
Date
19/1/2009
Event
Buy Back Shares
Comment
The Bank bought 877,168 shares @ 7.99 DHS.
Stock Symbol
Finance House
Date
19/1/2009
Event
BOD announced the company financial results for the year ends 2008 achieving AED 248.2 million as net profit against AED 202.8 million in 2007
Comment
-
Stock Symbol
Dubai Insurance Co.
Date
18/1/2009
Event
BOD will meet on 26/1/2009
Comment
To discuss the financial statements for the year ends 31/12/2008.
Stock Symbol
Union Properties
Date
19/1/2009
Event
BOD will meet on 22/1/2009
Comment
-
Stock Symbol
PalTel
Date
19/1/2009
Event
BOD will meet on 27/1/2009
Comment
-
Stock Symbol
Union Cement Company
Date
19/1/2009
Event
BOD met on 19/1/2009. The company achieved AED 155.4 million as a net profit in 2008 compared with AED 172.5 million net profit in 2007
Comment
BOD discussed the following:
- The Financial Results for the year ends 31/12/2008
- The proposal to distribute 10% Cash dividend & 5% Bonus shares
Stock Symbol
Rak Bank
Date
19/1/2009
Event
BOD will meet on 25/1/2009
Comment
BOD will discuss the following:
- The Financial Results for the year ends 31/12/2008.
- The proposal to distribute profit.
Stock Symbol
Waha Capital
Date
19/1/2009
Event
BOD will meet on 21/1/2009
Comment
BOD will discuss the following:
- The Financial Results for the year ends 31/12/2008.
Stock Symbol
Methaq
Date
19/1/2009
Event
BOD will declare the company Financial Results for 2008 on 21/1/2009
Comment
-
Stock Symbol
Arab Heavy Industries
Date
19/1/2009
Event
BOD met on 19/01/2009
Comment
BOD approved the following:
- The Notice for the AGM on 25/3/2009
- The proposal to pay dividend and appropriation for the year 2008 of 110% (Dhs 73.9 million)