Rasiyat Holding Company K.P.S.C (RASIYAT) News - Mubasher Info
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24 May 06:08 PM

Rasiyat Holding Company K.P.S.C (RASIYAT`R)

Last update: 20 May 01:09 PM market time.
499.00
149.00
42.57%
Open 494.00
Previous Close 350.00
High 500.00
Low 490.00
Stock Statistics
Volume 2,206,050
Turnover 1,095,469.67
All data are 15 minutes late during market session

News

Othman Boodai transferred the ownership of 3.29 million shares
18 December 2019 06:05 PM Gulf North Africa’s board members transfer ownership of 6.47m shares
Mubasher: Boursa Kuwait on Wednesday that two members of Gulf North Africa Holding’s board transferred the ownership of 6.47 million shares. Gulf North Africa’s board member Othman Ayman Abdullah Boodai transferred the ownership of 3.29 million …
Company News
The transaction resulted in a loss of KWD 95,700
21 November 2019 00:47 PM Gulf North Africa sells over 1m shares in QInvest
Mubasher: Gulf North Africa Holding has sold 1.09 million shares in Qatar’s QInvest, according to a filling to Boursa Kuwait on Thursday. The deal was sealed by the signing of a share repurchase agreement with a total value of KWD 216,470 …
Companies Investments
The two plots of land total 840 square meters and 630 square meters
10 October 2019 11:47 AM Gulf North Africa's unit sells assets in Saudi Arabia
Mubasher: Gulf Morocco Co, a fully owned subsidiary of the Gulf North Africa Holding Company, signed a contract to sell two land plots in Al Nada District in Riyadh. The subsidiary's share from selling the asset totals SAR 2.431 million (KWD …
Company News
The financial impact stands at around KWD 54,200
8 October 2018 10:29 AM GIH inks swap deal with Gulf North Africa over equity in QInvest
Mubasher: Gulf Investment House (GIH) announced it has signed an asset swap agreement with Gulf North Africa Holding, according to a bourse disclosure on Monday. GIH will exit its one-million share equity in return for acquiring Gulf North …
Trading Activities
The increase in losses is attributed to lower leasing income
19 July 2018 01:52 PM Gulf North Africa losses deepen in Q2, H1
Mubasher: Gulf North Africa Holding incurred an increase of 19.4% in losses during the second quarter of 2018 compared to the same period in 2017. Losses widened to about KWD 2,430 ($8,030) in Q2-18 from approximately KWD 1,160 ($3,840) in Q2-17, …
Financial Results
It is hard to determine the financial impact of this claim in the current time
4 January 2018 05:43 PM Gulf North Africa to claim $2.9m from Turkey’s Emporia developer
Mubasher: Gulf North Africa Holding announced that it will claim an amount of $2.9 million from the developer of Emporia project in Turkey. This amount represents the value of this investment, in addition to expected profits, according to a bourse …
Companies Investments
The financial impact of this step on the company’s results has not been defined yet
3 January 2018 10:55 AM Gulf North Africa to sue Emporia project developer
Mubasher: Kuwait's Gulf North Africa Holding Company (GNAHC) on Wednesday said that it has taken the legal procedures to sue the real estate developer of Emporia project in Turkey as it has not committed to the contract signed between them. The …
Companies Investments
The deal will not have a major financial impact on GNAHC's results
3 January 2018 09:32 AM Gulf North Africa unit to sell Libya property project
Mubasher: Gulf North Africa Holding Company (GNAHC) on Wednesday announced that its 20%-owned subsidiary Libyan Co for General Trading has signed an LYD 11.5 million ($8.6 million) contract. The deal signed with an unnamed investor involves …
Companies Investments
Profits rose to KWD 188,910 ($625,120) in Q3-17, from KWD 85,880 ($284,180) in Q3-16, according to a bourse filing
6 November 2017 10:20 AM GNAHC profits go up 120% in Q3
Mubasher: Gulf North Africa Holding Company (GNAHC) on Monday stated that its profits surged 120% in the third quarter of 2017, compared to the year-ago period. Profits amounted to KWD 188,910 ($625,120) in Q3-17, compared to KWD 85,880 ($284,180) …
Financial Results
GNAHC to make $2.2 million from the sale
13 August 2017 03:15 PM GFH offers to buy GNAHC’s stake in Gateway to Morocco
Mubasher: Gulf North Africa Holding Company (GNAHC) said that it has received a final exit offer from all of its investments in an infrastructure project from GFH Financial Group. The company revealed in a statement to Boursa Kuwait on Sunday that …
Companies Investments
GNAHC raised its stake in Rawaj Holding Company by 15.5%- (Photo Archive)
4 August 2016 00:46 PM Gulf North Africa raises stake in Rawaj
Kuwait – Mubasher: Gulf North Africa Holding Company (GNAHC) raised its stake in Rawaj Holding Company by 15.5% at a total value of KWD 209,250 on 1 August. The company stated that the stake increase raised its total stake in Rawaj to 23.83%, …
Mergers and Acquisitions
Improvement in the financial results was due to the increase in rents - (Photo Credit: Company website)
19 July 2016 03:43 PM GNAHC turn to profits in Q2
Kuwait - Mubasher: Gulf North Africa Holding Company (GNAHC) recorded on Tuesday, KWD 3,150 ($10,400) net profit in Q2-16, against KWD 50,630 ($167,200) in losses in the same quarter last year. Improvement in the financial results was due to the …
Financial Results
Photo Credit: Arabianeye - Reuters
13 October 2015 10:05 AM Gulf North Africa’s unit buys KWD 2m property
Kuwait – Mubasher: Gulf North Africa Holding said Tuesday its 99%-owned Al Janzour General Trading WLL acquired an investment property worth KWD 2 million in Kuwait’s Salmiya district. In a filing to Kuwait Stock Exchange, the company added that …
Companies Investments
Photo Credit: Arabianeye-Reuters
21 July 2015 08:20 AM Gulf North Africa Holding turns to loss in H1
Gulf North Africa Holding Company suffered losses worth about KWD 75,000 ($247,000) in the first half of 2015, against earnings worth nearly KWD 68,000 ($224,000) in the same period of 2014, according to a stock exchange filing on Tuesday. The …
Financial Results
Photo Credit: Arabianeye-Reuters
10 May 2015 09:05 AM Gulf North Africa Q1 financials turn negative
Gulf North Africa Holding posted losses worth about KWD 24,270 ($80,000) in the first quarter of 2015, against earnings worth nearly KWD 39,470 ($130,200) in the same quarter of 2014.The earnings per share reached 0.17 fils in Q1-15 compared to …
Financial Results
Photo Credit: Arabianeye-Reuters
10 May 2015 08:38 AM KSE investors urged to follow 5 stocks in week
Capital market analyst Badr Al-Durzi advised investors to follow five shares traded on Kuwait Stock Exchange during this week, naming the first share to be Hits Telecom Holding (HITSTELEC) which settled at a support level 33 fils with resistance …
Stock Evaluations
Photo Credit: Arabianeye-Reuters
22 April 2015 02:13 PM Gulf North Africa approves no dividends for FY14
Gulf North Africa Holding’s ordinary general meeting (OGM) agreed on freezing dividends of the fiscal year ended 31 December, 2014.The OGM has elected a new board of directors for the coming three years.The firm posted earnings worth about KWD …
Company News
Photo Credit: Arabianeye-Reuters
22 April 2015 08:04 AM Investors of 6 listed firms to see key events Wednesday
Shareholders of six companies listed on KSE are anticipating major events on 22 April, as Alimtiaz Investment Group’s ordinary general meeting (OGM) will consider the board’s proposal of distributing 5% cash dividends or 5 fils a share for the …
Corporate Actions
Photo Credit: Arabianeye-Reuters
12 March 2015 09:18 AM Gulf North Africa profits up 132% in FY14
Gulf North Africa Holding Company (GNAHC) recorded a surge of 132% in its earnings for the fiscal year 2014.GNAHC posted a net profit of around KWD 409,600 (about $1.37 million) in 2014, compared to KWD 176,500 (about $588,600) in 2013.The firm’s …
Company News
Photo Credit: Arabianeye-Reuters
11 March 2015 07:30 AM KSE-listed firms to discuss financial statements Wed
Some of KSE-listed companies are forecasted to discuss their financial statements on Wednesday. The boards of Safwan Trading and Contracting, Gulf Franchising Holding, and Gulf North Africa Holding will discuss their financial statements for the …
Event
Photo Credit: Arabianeye-Reuters
15 February 2015 08:21 AM Zain, Bayan among 5 shares to follow - Analyst
By: Mohamed FaroukThe benchmark index of Kuwait Stock Exchange (KSE) targets the level of 6772 and 6820 points as first and second targets respectively, said Kuwait capital market analyst Bader Al-Darzi. Al-Darzi has nominated five shares to …
Stock Evaluations
21 December 2014 03:40 PM Gulf North Africa unit buys property worth KWD1.8m
Gulf North Africa Holding Co. announced that 99%-owned Alganzor for General Trading subsidiary has bought an investment property worth of KWD1.8 million ($6.15 million). The company noted in bourse statement that it has obtained Islamic …
Company News
6 November 2014 11:28 AM Gulf North Africa sells resident units in Turkey for $2.4m
Gulf North Africa Holding - GNAHC stated that its 99% - owned subsidiary Alganzor for General Trading has sold residential units worth of KWD697.44 thousands ($2.4 million) in Turkey.The sales transaction is expected to generate earnings …
Company News
3 November 2014 02:30 PM Gulf North Africa makes $205.3 THD profit in 9m
Gulf North Africa Holding - GNAHC disclosed its interim financial statements for the nine months period ended September 30, 2014.The statements reflected KWD59.7 thousands ($205.3 thousands) net profit within this period compared to …
Company News