INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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.