The proposed dividend payout is in line with the company’s previously announced dividend policy of distributing Dhs600m
The second and final dividend for 2023 is expected to be paid in April 2024
The firm expects to pay the second and final dividend for 2023 in May 2024, subject to board’s recommendation and shareholders’ approval
The group reported a 6.6 per cent increase in first-half profit, despite the currency headwind in Egypt
The company’s shareholders approved the payment of H2 2022 dividend of Dhs3.1bn and a one-time special dividend of Dhs1.67bn
The company’s full-year revenue jumped 11.8 per cent to $517m, driven by an increase in revenue from toll usage fees
The shareholders’ approval brings the total full-year 2022 dividend to 15.67 fils per share or $682.5m
The group’s shareholders approved the board’s recommendation to distribute the dividend in April 2023
The dividend is equivalent to 15 fils per share
The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan
The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022
The lender reported a 36 per cent growth in total income, equalling Dhs32.5bn
Its group net profit reached Dhs118m for the first half of the year, rising 74 per cent year-on-year
This has brought the total annual dividend to Dhs0.8 per share
Recruitment is key to making sure all positions are filled with a range of people that reflects the diversity of our communities
Investors may have more visibility around cryptocurrencies in the years ahead, notes Bloomberg Opinion columnist Nir Kaissar
It recorded a net profit of Dhs529m for the third quarter of 2021
This is the first payment in what is expected to be a full-year 2021 dividend payment of Dhs2.57bn
The improved credit outlook prompted the bank to pay an interim dividend of 7 cents a share
The state-controlled company sold sukuk due in three, five and 10 years
The firm is raising cash to help fund its commitment to pay out $75bn in dividends
The price of oil has doubled since October to more than $70 a barrel
The yield on Aramco’s $3bn of bonds due in 2029 has dropped to 2.09 per cent from 3.04 per cent at the start of the year
Income still increased for the first time in five quarters as oil prices steadied
Saudi Arabia published an overview of its spending for the next three years that envisages annual cuts to help contain its fiscal deficit
The kingdom needs an oil price of $84 to balance this year’s budget