INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

SISCO to pay $8.6m dividend

SISCO makes investment in desalination plants, ports and container terminals and industrial estate development. (SISCO)
  • 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.