INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Natural Gas Distribution all set to list and trade on Nomu

The registration document for direct listing of 3 million shares was released on Jan. 23, setting the price guidance per share at SR49 ($13).
  • Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be  +/- 10 percent
  • The trading of shares will begin on September 22

The listing and trading of shares of Natural Gas Distribution on Nomu will start on September 22, as a direct listing, according to a bourse filing.

Daily price fluctuation limits will be +/- 30 percent and static price fluctuation limits will be  +/- 10 percent, Tadawul said.

The natural gas producer set the benchmark price for its initial public offering in the parallel market at SAR 13, Argaam earlier reported.