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: )
Feb 13 S IMMO AG:
* Expects a very high level of results from property valuation for financial year 2016
* Results from property valuation will more than double compared to figure for financial year 2015 (84.6 million euros ($89.66 million)) Source text for Eikon: Further company coverage: ($1 = 0.9436 euros) (Gdynia Newsroom)
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.