Shareholders owning the company’s stock at the end of trading on July 1 will qualify for the dividend, the company said in a statement.
Analysts say the main attraction for Mobily, an affiliate of the UAE’ Etisalat, was to acquire Atheeb’s landline licence.
The Saudi businessman and his Kingdom Holding Company invested $250 million for a combined stake of 2.5 per cent in the Chinese online retailer.
Only 20 per cent of the funds surveyed expect to increase their allocations to UAE equities in the next three months.
MERS was identified in 2012 in Saudi Arabia, and has infected a total of 565 people in the Kingdom.
The deadly new virus has killed 186 people in Saudi Arabia.
This is the second time in a week that the death penalty has been imposed on a man involved in unrest in Qatif.
In the first two weeks of the month, the daily number of new cases in Saudi Arabia averaged nearly 11, but since May 14 the average number of new infections has slowed.
Ma’aden had earlier this month said it was seeking shareholder approval for a capital increase.
The Jeddah headquartered company aims to increase Sphinx’s revenues to $63.2 million this year from $55 million in 2013.
Second Aparthotel targeting mid and long-stay guests confirmed for Jeddah
Savola said it has made a capital gain of SAR17 million from the sale.
It was priced between $250 and $255 a tonne, traders said.
The developer attracted a final order book of more than $1 billion for its five year sukuk.
The operator did not say when it would issue the sukuk.
King Abdullah departed the Red Sea port city of Jeddah for Morocco.
The developer said on Monday it would talk with international investors on Tuesday ahead of a potential sukuk.
The plan includes building 1,500 nurseries and providing training for about 25,000 teachers.
Heavily armed gunmen stormed Libya’s parliament on Sunday demanding its suspension.
The waterproof smartphone is priced at Dhs2,699 in the UAE.
Fluor Corporation has won the engineering, procurement and construction contract for the facility.
The sukuk will enhance the bank’s Tier 2, or supplementary, capital.
The poor performance of the routes was due to lack of demand as well as increased competition from other carriers.
Stickers printed by far-right politician Geert Wilders display anti-Islam slogans.
The company plans to use the money to expand its phosphate and gold operations, and increase funding for its aluminium business.
The over one kilometre tall Kingdom Tower will replace Dubai’s Burj Khalifa, 828 metres tall, as the highest in the world.
The new centre aims to ensure cross ministry coordination and disease control in the Kingdom.
The steepest decline in online job postings was recorded in the UAE’s IT/telecom sector, with opportunities falling 17 per cent.
Five of the deaths were reported on Tuesday and five on Wednesday, according to statements on the health ministry’s website.
In February, IDB, which has a top-notch AAA rating, priced a $1.5 billion, five-year sukuk, its largest ever Islamic bond.