July 28, 2008
Market & Company News
Stock Symbol
Ras Al Khaimah Poultry & Feeding
Date
28/7/2008
Event
The company recorded a AED 48.8 million as a net profit from operation during the first six months in 2008
Comment
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Stock Symbol
Sorouh
Date
28/7/2008
Event
Sorouh posted a net profit of AED 977 million for the first half of 2008
Comment
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Stock Symbol
Arkan
Date
28/7/2008
Event
BOD meeting on 28/7/2008 was cancelled as a result of lack of quorum
Comment
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Stock Symbol
Fujairah Building Industries
Date
28/7/2008
Event
The company announce its second quarter financial results for 2008 recording AED 17.8 million as a net profit
Comment
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Stock Symbol
Bank of Sharjah
Date
28/7/2008
Event
Bank of Sharjah generated net profit of AED 195 million during their ending period June 30, 2008
Comment
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Stock Symbol
Aabar
Date
28/7/2008
Event
The company BOD invite its shareholders to attend an EGM dated 18/8/2008 at 5:00 pm
Comment
EGM Agenda:
* To discuss BOD proposal for the issuance of convertible bonds into shares in the maximum aggregate principal amount of AED 6.7 billion to a strategic investor to be determined by the Board.
* To discuss BOD proposal for the issuance convertible bonds into shares in an aggregate principal amount not to exceed AED 30 million to be issued to certain current and future employees of the company
Stock Symbol
NBAD
Date
28/7/2008
Event
BOD agreed in principal in its meeting on 22/7/2008 a to issue of convertible note.
Comment
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Stock Symbol
Gulf Petroleum Investment
Date
28/7/2008
Event
BOD will met on 29/7/2008 to discuss the F/S for the first half of 2008
Comment
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Stock Symbol
UPP
Date
28/7/2008
Event
The company recorded AED 556 million as a net profit during the first half year of 2008
Comment
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Stock Symbol
DU
Date
28/7/2008
Event
Mashreq Bank & WestLB announce successful closure of AED 3 billion syndicated loan facility for DU
Comment
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Stock Symbol
Alliance Insurance
Date
28/7/2008
Event
The company recorded AED 27.2 million as a net profit during the first half of 2008
Comment
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