Zakat Fund issues rates of zakat on shares for 2020 thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - The Saudi Arabian stock market ended higher on Tuesday, amid rising oil prices as the focus returned to a tighter market, while the Abu Dhabi index retreated, hit by First Abu Dhabi Bank which went ex-dividend.
FILE PHOTO: Reflection of stock market is seen on a screen as a trader monitors at Bahrain Bourse in Manama, Bahrain, September 16, 2019. REUTERS/ Hamad I Mohammed
Saudi Arabia’s benchmark index advanced over 1%, as all its banking shares gained including Al Rajhi Bank which finished 4.8% higher.
Oil prices, a key catalyst for the Gulf’s financial markets, rose to $69 a barrel on Tuesday as investors focused on prospects for tighter supply and amid growing hopes of a recovery in demand.
09 Mar 2021 - 9:15
Salah bin Ghanem Al Ali, Chairman of Board of Directors, and other officials during Ordinary General Assembly Meeting of Barwa Real Estate Company held yesterday.
The Peninsula
Doha: Barwa Real Estate Company held its Ordinary General Assembly Meeting virtually yesterday. The meeting, chaired by Salah bin Ghanem Al Ali, Chairman of the Board of Directors, approved the proposal of the Board of Directors to distribute cash dividends at the rate of QR0.125 per share (12.5 percent of the nominal value of the share) with a total of QR486.4m.
During the meeting, Salah bin Ghanem Al Ali, Chairman of the Board of Directors, reviewed the report of the Board of Directors, which included a comprehensive overview of the company’s activities, performance, consolidated financial statements for the year 2020, as well as its future plans.
Qatar- Barwa Real Estate posts net profit of QR1 21bn in 2020 menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.