ADCB approves cash dividends worth US$1.1bn
ABU DHABI, UAE – Abu Dhabi Commercial Bank (ADCB) has approved the Board of Directors proposal to distribute a cash dividend of US$0.15 (AED0.56) per share, translating to a total pay-out of US$1.1 billion (AED4.099 billion) equivalent to 50 percent of its 2023 net profit.This came as the ADCB on...
Banking
IHC H1 net profit $2.94 billion
The company posted 31% increase in revenue.
ADNOC Gas signs LNG deal
Will supply 0.5mmtpa of LNG to India's HPCL.
Alpha Dhabi H1 profit $1.79bn
Adjusted EBITDA rises to $2.36bn.
Borouge Q2 net profit $193m
The H1 revenue stood at $2.72 billion.
ADNOC Drilling H1 revenue $2.37bn
The company posted a net profit of $692m.
