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.
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 ...
Masraf Al Rayan shareholders have approved the board of directors’ proposal to distribute 20% cash dividend, which translates into QR2 per share.
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 and International Bank of Qatar (ibq) have reached a final merger agreement, creating a Shariah-compliant financial institution with total assets of QR80bn.
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.