#Shareholders

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

Merger of Emaar Properties and Emaar Malls receives final nod

The merger is expected to complete before the end of this year

Dubai tycoon Hussain Sajwani resigns, makes $599m offer to take Damac private

Damac traded below the Dhs1.3 per share offer price on Wednesday

Kuwait Central Bank allows lenders to distribute 2020 dividends

The Kuwait Banking Association said in June that there would be no distribution of dividends to shareholders for 2020

Dubai contractor Arabtec to file for liquidation at ‘earliest opportunity’

The decision reversed efforts sought by a minority group of shareholders to restructure and save the company from liquidation

Year’s biggest bank merger sealed as Saudi rivals agree on deal

The new bank will have total assets of more than $220bn, creating the Gulf region’s third-largest lender