- SOROUH Real Estate announced a board meeting to consider foreign ownership.
- Al Dar Board approves 40 % foreign ownership.
- ALDAR - Al Dar Properties AGM approved an 8% cash dividend, which will suck up another 130 million dhs from their dwindling cash reserves. Record date 12 March 2007.
- ETISALAT is no longer interested in Kuwait's Wataniya Telecom but Qatar Telecom is.
- IAIC Salama received approval for the IPO of its Saudi subsidiary.
- ARMX - Aramex announced cash dividends of 10% (about a 4% dividend yield).
- DANA Gas appoints Centurion Energy chairman to the Board of Directors.
- ESCA says they have six or more IPOs in the pipeline but won't say which ones. Air Arabia, Deyaar, Dubai Bank, and Al Qudra Holding are probably on the list.
- DHAFRA - Al Dhafra Insurance AGM approves a 50% cash dividend.
- ADNIC - Abu Dhabi National Insurance board proposes a 50% cash dividend.
- Stock markets around the world in turmoil after Chinese markets plummet yesterday.
