SHARJAH / WAM The Sharjah Book Authority (SBA) has opened submissions for the highly anticipated ...
Read More »Rosneft plans higher dividend as Russia seeks more funds
Bloomberg Rosneft OJSC, Russia’s largest oil producer, plans to increase its dividend as the government seeks more funds from state corporations to bolster public finances. The company board has recommended increasing the payout to shareholders to 35 percent of its 2015 profit, or 11.75 rubles a share. The dividend would amount to 124.5 billion rubles ($1.87 billion) and represents ...
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