INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

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.