Search Site

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

SISCO to pay $8.6m dividend

SISCO makes investment in desalination plants, ports and container terminals and industrial estate development. (SISCO)
  • The dividends will be paid from 16 May 2023 and the payment is the final instalment of dividends for the year 2022.
  • The company paid a total of 65.28 million riyals in dividends for the second half of 2022.

Dubai, UAE — Saudi Industrial Services Company (SISCO) said Monday it will pay its shareholders a dividend of 32.64 million riyals ($8.6 million) for the second half of the financial year 2022.

The eligibility date is 30 April 2023 and those shareholders are eligible who own shares on the eligibility date and are registered in the company’s share registry at the Securities Depository Center Company at the end of the second trading day following the eligibility date.

The dividends will be paid from 16 May 2023 and the payment is the final instalment of dividends for the year 2022. The company paid a total of 65.28 million riyals in dividends for the second half of 2022.

Established in 1988, SISCO makes investment in desalination plants, ports and container terminals, industrial estate development, bonded and re-export zones and other key projects.