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Air Arabia shareholders approve 20% dividend for FY2023
SHARJAH, UAE – Air Arabia shareholders approved the distribution of a 20 percent cash dividend for the financial year ended December 31, 2023 (FY2023), at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the...
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FAB shareholders approve dividend
The 50% cash dividend would be to the tune of US$2.12bn. -
Bank of Sharjah to boost capital
The US$218mn capital infusion will foster bank's growth. -
UAE Banks Federation ratifies plan to develop banking sector
Abu Dhabi, UAE-- Looking to employ 5,000 UAE national by 2026, and designing a program to groom future banking and financial sector leaders, the UAE Banks Federation (UBF) approved the plans for 2023 presented by the board of directors at its Annual General Meeting (AGM). The AGM was chaired by... -
DNIR approves 30% dividend
The dividend of the company totals AED 34.650 million. -
AlSagr shareholders shout ‘no’ 15 times to reject 15 of 20 items during AGM
Not once, or twice, or even five times, AlSagr shareholders shouted no 15 times to reject three-quarters of the items tabled at its annual general meeting last week. Shareholders did not approve 15 of the 20 items for discussion – including the company’s 2020 financial results, the insurer revealed in...