Aramco keeps $31.1bn payout despite lower Q1 net income

Saudi Aramco maintains dividend despite lower net income in Q1

The oil major reported a 14 per cent decline in first-quarter net income to $27.3bn in the three months to March 31

Al Ansari approves Dhs350m interim dividend

Al Ansari’s board recommends Dhs300m interim dividend

The proposed dividend payout is in line with the company’s previously announced dividend policy of distributing Dhs600m

ADNOC Distribution approves $350m interim dividend

ADNOC Distribution board approves $350m interim dividend

The second and final dividend for 2023 is expected to be paid in April 2024

Yahsat hikes interim dividends to Dhs201m for H1 2023

Yahsat hikes interim dividends to Dhs201m for H1 2023

The firm expects to pay the second and final dividend for 2023 in May 2024, subject to board’s recommendation and shareholders’ approval

Agthia Group shareholders approve interim dividend

Agthia Group shareholders approve Dhs65.31m interim dividend

The group reported a 6.6 per cent increase in first-half profit, despite the currency headwind in Egypt

DEWA approves dividend

Dubai utility giant DEWA approves $1.3bn dividend

The company’s shareholders approved the payment of H2 2022 dividend of Dhs3.1bn and a one-time special dividend of Dhs1.67bn

Salik approve $134m dividend

Salik shareholders approve $134m dividend

The company’s full-year revenue jumped 11.8 per cent to $517m, driven by an increase in revenue from toll usage fees

ADNOC Onshore Drilling Rig

Abu Dhabi’s ADNOC Drilling approves $341m dividend

The shareholders’ approval brings the total full-year 2022 dividend to 15.67 fils per share or $682.5m

Dubai's Tecom Group approves Dhs200m cash dividend for H2 2022

Dubai’s Tecom Group approves Dhs200m cash dividend for H2 2022

The group’s shareholders approved the board’s recommendation to distribute the dividend in April 2023

Air Arabia

UAE’s Air Arabia to distribute 15% dividend for 2022

The dividend is equivalent to 15 fils per share

Air Arabia reports 70% rise in 2022 net profit

Air Arabia reports 70% rise in 2022 net profit

The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan

Abu Dhabi's ADNOC Distribution reports 22% rise in net profit for 2022

Abu Dhabi’s ADNOC Distribution reports 22% rise in net profit for 2022

The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022

Emirates NBD arranges Egypt sukuk

Emirates NBD’s full-year profit rises 40% to $3.53bn

The lender reported a 36 per cent growth in total income, equalling Dhs32.5bn

Agthia Group

UAE’s Agthia Group announces interim cash dividend of Dhs65.31m for H1 2022

Its group net profit reached Dhs118m for the first half of the year, rising 74 per cent year-on-year

UAE’s e& approves dividend of 40 fils per share for H2 2021

This has brought the total annual dividend to Dhs0.8 per share

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How much crypto should be in your investment portfolio?

Investors may have more visibility around cryptocurrencies in the years ahead, notes Bloomberg Opinion columnist Nir Kaissar

Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021

It recorded a net profit of Dhs529m for the third quarter of 2021

Abu Dhabi’s ADNOC Distribution approves $350m interim cash dividend for H1 2021

This is the first payment in what is expected to be a full-year 2021 dividend payment of Dhs2.57bn

HSBC pays dividend after quarterly profit beats estimates

The improved credit outlook prompted the bank to pay an interim dividend of 7 cents a share

Aramco sells $6bn of dollar-denominated Islamic bonds

The state-controlled company sold sukuk due in three, five and 10 years

Saudi Aramco hires banks for debut dollar Islamic bond sale

The firm is raising cash to help fund its commitment to pay out $75bn in dividends

Aramco said to plan bond sale to help fund $75bn dividend

The price of oil has doubled since October to more than $70 a barrel

Aramco turns to bonds to help fund $75bn dividend

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

Saudi Aramco maintains dividend despite 45% slump in profit

Income still increased for the first time in five quarters as oil prices steadied

Saudi Arabia may face budget squeeze after 2021, Moody’s says

Saudi Arabia published an overview of its spending for the next three years that envisages annual cuts to help contain its fiscal deficit

Aramco keeps $75bn dividend promise even with oil’s plunge

The kingdom needs an oil price of $84 to balance this year’s budget