INSEAD Day 4 - 728x90

Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Fujairah Cement off Boursa Kuwait

Fujairah Cement Industries narrowed its net loss to AED 102.7 million ($28 million) during 2021. (Facebook)
By TRENDS Desk
May 29, 2022 5:30 pm
  • 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.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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