BRIEF-Egypt's Naeem Holding board approves capital increase
* Board approves issued and paid-up capital increase to $218.6 million from $198.7 million through bonus share issue Source: (http://bit.ly/2qvUGWl) Further company coverage: )
WARSAW Feb 9 Bank Pekao SA posted a 13-percent rise in fourth-quarter net profit on Thursday, as the bank's results in the same period a year ago suffered from payments to bank guarantee funds after the collapse of small lender SK Bank.
Net profit at Poland's No.2 lender rose to 495 million zloty ($122.58 million). Analysts polled by Reuters had forecast a profit of 483 million zloty.
Pekao also said it would propose a dividend of 8.68 zloty per share, or 99.9 percent of 2016 profit. The bank's full-year 2016 net profit amounted to 2.28 billion zloty. ($1 = 4.0381 zlotys) (Reporting by Marcin Goclowski; Editing by Biju Dwarakanath)
DUBAI, May 28 Gulf stock markets may have a soft tone in thin trade on Sunday after global oil producers agreed after the close on Thursday to extend cuts in output by nine months to March 2018.