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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

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Last year, it announced 9,000 job cuts worldwide.

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ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

SISCO to pay $8.6m dividend

SISCO makes investment in desalination plants, ports and container terminals and industrial estate development. (SISCO)
By Hilal Mir
April 10, 2023 3:57 pm
  • 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.

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