Latest news with #RoyalDecree
Yahoo
a day ago
- Business
- Yahoo
Iba – Acquisition of Own Shares - Completion of the Share Buyback Program
Immediate Release – May 30th, 2025 Louvain-la-Neuve, Belgium, May 30th, 2025 - In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code on Companies and Associations, Ion Beam Applications SA ('IBA') hereby discloses information in relation to its share buyback program announced on March 24th, 2025. Under this program, IBA has requested a financial intermediary to repurchase up to 650,000 IBA ordinary shares on its behalf under the terms of a mandate with validity until December 31st, 2025, effective as from March 25th, 2025, to cover the company's obligations under long-term incentive plans for management and certain members of its personnel. In the framework of this share buyback program, IBA repurchased 16,651 IBA shares on Euronext Brussels in the period from May 27th, 2025 up to and including May 28th, 2025, as follows: Trade date Shares purchased Average price Min price Max price Buyback amount 27-05-25 9,000 12.15 € 12.08 € 12.20 € 109,369.80 € 28-05-25 7,651 12.24 € 12.10 € 12.28 € 93,644.41 € TOTAL 16,651 12.19 € 12.08 € 12.28 € 203,014.21 € The total number of shares purchased under this program therefore amounts to 650,000, which terminates this program, at an average price of 10.5655 EUR/share. As a result, the current situation with respect to treasury shares (held directly by IBA SA and indirectly through its subsidiary IBA Investments SRL) is the following : Shares Voting rights IBA Investments SRL 51,973 103,946 IBA SA 963,579 1,030,002 Total - Treasury shares 1,015,552 1,133,948 Total - Issued shares 30,282,218 40,514,366 Treasury shares in % 3.35% 2.80% About IBA IBA (Ion Beam Applications S.A.) is the world leader in particle accelerator technology. The company is the leading supplier of equipment and services in the fields of proton therapy, considered as the most advanced form of radiation therapy available today, as well as industrial sterilization, radiopharmaceuticals and dosimetry. The company, based in Louvain-la-Neuve, Belgium, employs approximately 2,100 people worldwide. IBA is a certified B Corporation (B Corp) meeting the highest standards of verified social and environmental performance. IBA is listed on the pan-European stock exchange EURONEXT (IBA: Reuters and Bloomberg More information can be found at: Contact person IBA Thomas Pevenage Investor Relations investorrelations@ Attachment 250530-Buyback-IBA-EN
Times of Oman
3 days ago
- General
- Times of Oman
Eid Al Adha holidays expected to be on these days in Oman
Muscat : Holidays for Eid Al Adha are expected to be from Thursday, June 5, 2025, until Monday, June 9, 2025 according to the Royal Decree No. (88/2022). Based on Royal Decree No. (88/2022) specifying official holidays, the Eid Al Adha holiday in the Sultanate of Oman will begin from the 9th to the 12th of the month of Dhu al-Hijjah. Friday shall be compensated if it coincides with the first day of Eid . Therefore, Eid Al-Adha holiday is expected to start from Thursday, June 5, 2025, until Monday, June 9, 2025. Official work will resume on Tuesday, June 10, 2025. Yesterday the Sultanate of Oman announced that the Dhu al-Hijjah 1446 AH moon was sighted, thus the first day of Eid Al Adha will be on Friday, June 6,2025 .
Muscat Daily
5 days ago
- Business
- Muscat Daily
Public feedback invited to modernise Oman's commercial rules
Muscat – Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has invited public feedback on proposed amendments to the Commercial Law and Commercial Registry Law, as part of efforts to modernise the sultanate's legal framework and support economic growth. The move aims to bring regulations in line with global business practices and increase confidence in commercial transactions. The Commercial Law under review was issued via Royal Decree 55/90. In a statement, the ministry said the initiative is intended to ensure that the law keeps pace with developments in the business environment and contributes to the sultanate's economic advancement. Business owners, stakeholders and members of the public have until May 31, 2025 to submit comments. Proposed changes include revising the definition of a 'merchant' to cover digital commerce, digitising procedures related to commercial ledgers, and updating regulations governing sale and mortgage transactions. Rules for commercial agencies and the use of commercial papers are also being reviewed to reflect technological developments and improve legal clarity. MoCIIP is also looking to reform the Commercial Registry Law to simplify registration and update processes, reduce paperwork, and integrate the registry with other government platforms. Other proposals include adjusting penalties for violations to make them proportionate and improving accuracy of records by removing outdated data. The public can review current laws and submit suggestions via email to [email protected] before the May 31 deadline.
Observer
24-05-2025
- Business
- Observer
UK firm plans Oman's first nickel pilot plant
MUSCAT, MAY 23 UK-based mining company Knights Bay says it plans to establish a pilot nickel production facility in Oman, marking the initial phase of a major integrated mining project in the Middle East. The pilot plant, which will process 10,000 tonnes per annum (tpa) of nickel, is designed to scale into full production modules capable of producing up to 100,000 tpa. The facility will be based on mineral resources extracted from Knights Bay's 1,444 km² concession in the Wilayat of Ibra, Al Sharqiyah North Governorate. The project also includes significant deposits of iron ore, cobalt, chrome and silica. 'Knights Bay (KB) is revolutionising the Middle East's mining sector with the development of the first fully integrated Nickel and Iron Ore mining project," said Chris Stava, Senior Executive, in a recent post. According to Stava, the company is seeking a strategic partner to support the staged development of the project. Key milestones include securing a mining license, mobilising drilling operations, refining engineering and processing for carbon-neutral production; and enhancing corporate governance with the recruitment of independent board members. Backed by a Royal Decree, the concession offers substantial long-term potential. Stava noted that historical and contemporary studies conducted between 2000 and 2025 estimate over 37 million tonnes of resources and reserves, with an exploration target of more than 1.5 billion tonnes. Geological exploration has so far focused on approximately 300 km² of the concession, revealing average nickel grades between 1.05% and 1.2% and iron ore grades between 60% and 66%. At full production, the facility is expected to produce up to 112,000 tpa of nickel, 120,000 tpa of iron ore and 5,100 tpa of cobalt. Knights Bay has already completed drilling for its initial batch of exploration holes in the concession. 'This project holds the potential to play a pivotal role in industries transitioning to clean energy and providing alternative sourcing options for western markets,' Stava said. The geology team recently concluded Phase 1 of its scout drilling campaign, reporting consistent mineral values across the laterite zones. 'Excitingly, new zones of nickel and cobalt laterites, up to 35 metres thick, have been discovered and sampled, with more details to follow,' added Stava. Current findings indicate over 95 million tonnes of measured, indicated and inferred resources with average grades of 1.06% nickel, 560 ppm cobalt, 35% iron and 4% chromite. Laterite thicknesses in target zones average 25 metres. Initial feedstock for the pilot plant will come from 400,000 tonnes of existing mined material with nickel grades between 1.0% and 1.3%; and cobalt levels of around 500 ppm. The project has also uncovered potential new opportunities, including a borehole with elevated lithium values and a 40-metre laterite sequence capped by a 1.5-metre thick pyrite layer — suggesting possible massive sulphide formation. Over 3 million tonnes of iron laterite have already been extracted, which opens up the potential for shallow surface mining operations to support future growth. The company also sees potential in supplying iron and nickel products to steelmakers in the Gulf region. HIGHLIGHTS The facility will be based on mineral resources extracted from Knights Bay's 1,444 km² concession
Jordan News
20-05-2025
- Politics
- Jordan News
Al-Majali Sworn In Before Prime Minister - Jordan News
Al-Majali Sworn In Before Prime Minister Shadi Al-Majali, Chairman of the Board of Commissioners of the Aqaba Special Economic Zone Authority, was sworn in before Prime Minister Jaafar Hassan on Tuesday, following the Royal Decree endorsing the Cabinet's decision to appoint him. اضافة اعلان The swearing-in ceremony was conducted in accordance with Article 13 of the Aqaba Special Economic Zone Law No. (32) of 2000. The ceremony was attended by Minister of State for Prime Ministry Affairs Abdullah Al-Adwan and Secretary General of the Prime Ministry Abdul Latif Al-Najdawi. —(Petra)
