Gulf Times - shareholders
Norwegian Air shareholders back $1 billion rescue plan

Norwegian Air shareholders back $1 billion rescue plan

Norwegian Air shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of debt into equity and raising more cash from its owners.

QIIB shareholders approve foreign ownership limit increase up to 49%

QIIB shareholders approve foreign ownership limit increase up to 49%

At their extraordinary general assembly held on Sunday QIIB shareholders have approved the bank’s board of directors’ recommendation to allow the ownership of foreign investors ...

Shareholders approve Masraf Al Rayan’s 20% cash dividend proposal

Shareholders approve Masraf Al Rayan’s 20% cash dividend proposal

Masraf Al Rayan shareholders have approved the board of directors’ proposal to distribute 20% cash dividend, which translates into QR2 per share.

Jet shareholders approve conversion of loan into shares

Jet shareholders approve conversion of loan into shares

Shareholders of the beleaguered Jet Airways have approved a proposal to convert a part of company's loans into shares with an overwhelming majority.

Barwa Bank, International Bank of Qatar agree to merge

Barwa Bank, International Bank of Qatar agree to merge

Barwa Bank and International Bank of Qatar (ibq) have reached a final merger agreement, creating a Shariah-compliant financial institution with total assets of QR80bn.

Poland govt shakes market with tax news on utilities

Poland govt shakes market with tax news on utilities

Poland's government plans to claim extra taxes from state-run utilities from 2017, it announced on Thursday, in a move that analysts say would help it finance social projects but hurt minority shareholders.