INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Fujairah Cement off Boursa Kuwait

Fujairah Cement Industries narrowed its net loss to AED 102.7 million ($28 million) during 2021. (Facebook)
  • Fujairah Cement has obtained approval of Capital Market Authority-Kuwait for voluntary withdrawal from the Boursa Kuwait
  • November 30, 2022, will be the last day for trading the Company's shares in Boursa Kuwait, says Fujairah Cement

Fujairah Cement Industries (PJSC) has obtained approval of Capital Market Authority-Kuwait for voluntary withdrawal from the Boursa Kuwait, the company said in a declaration.

The declaration, posted to the portal of Abu Dhabi Securities Exchange, also highlighted that November 30, 2022, will be the last day for trading the Company’s shares in Boursa Kuwait.

“Fujairah Cement Industries (PJSC) would like to inform its existing shareholders in the Kuwait state (if they so desire) to open an Investor Account with Abu Dhabi Securities Exchange — UAE and transfer their shares for trading,” said Fujairah Cement Industries General Manager Ali Khammas.