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...

The 50% cash dividend would be to the tune of US$2.12bn.

The US aluminum producer will buy Alumina for US$2.2bn.

The company's capital now stands at US$266 milion.

It posted a 7.5% jump in net profit to US$1.18bn last year.

The company will distribute $11,385,120 to its shareholders.

ShareAction said banks amplify "green credentials to their customers and shareholders" but there is a "structural" lack of transparency on what their green finance activities achieve. It examined the green finance commitments and activities of Europe's top 20 banks. Banks are widely criticised for slow progress on the transition to...

The first proposed interim dividend is of $81 million.

The US firm will pay US$4.8bn to acquire cancer drugmaker.

The interim dividend reflects the firm’s robust balance sheet.

The airline's annual profit climbs up to US$1.1 billion.

The shareholders approved to distribute an 8.3% dividend.

By swallowing up Newcrest, the US mining giant will cement its position as the world's biggest gold producer, with operations extending across North and South America, Africa, Australia and Papua New Guinea. The takeover, expected to be completed by the end of 2023, has an implied value of Aus$28.8 billion,...

Its net profit fell 7 percent to US$50 million in Q1 of 2023.

The US$218mn capital infusion will foster bank's growth.

The share buyback is expected to enhance shareholder value.

The dividend for H2 of 2022 will be at AED 0.4 per share.

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) which is listed on the Dubai Financial Market (DFM) on Monday reported that its shareholders approved the payment of total dividend of US$1.29 billion (AED 4.77 billion) with a record date of April 20, 2023. This approval came during DEWA’s general...

ZURICH, SWITZERLAND - Credit Suisse chairman Axel Lehmann said Tuesday he was "truly sorry" that the beleaguered bank could not be saved as he faced angry and tearful shareholders whose money has gone up in smoke. Credit Suisse's chiefs fronted up at the bank's annual general meeting, 16 days after its...

The amount makes 42.5% of the company's paid-up capital.

The company posted an increase of 41.7% in profit.

The bank’s net profit in 2022 surged 26 percent.

The shareholders approved dividend after record growth.

Bank said it would pay out US$5.6 billion to shareholders.

The talks for the merger have not yielded a "common vision."

It will pay an interim dividend of $12.79m to shareholders.

The record date for the dividend is 22 Dec. 2022.

The firm won the shareholders' approval for the merger.

The previous cap on foreign ownership was 49 percent.

Profit fell 42 percent compared to H1 2021.

The company has obtained approval of Capital Market Authority-Kuwait to do so.

The Abu Dhabi company has posted $970m profit.

JetBlue Airways announced Tuesday a bid to acquire Spirit Airlines for $3.6 billion, setting up a bidding war with Frontier Airlines in the discount flying market.

The total annual dividend for 2021 is now Dh0.8 per share.

Shareholders of Ithmaar Holding have approved a plan to sell a few of the company's assets to Al Salam Bank.

The company has already paid $500m in quarterly dividends.

Qatar Industrial Manufacturing Co. has reported a net profit of  $38m for 2021 in comparison to net profit of $23m for the same period of the previous year.

Its total revenues reached AED294.6m in 2021, reduces expenses by 4 percent.

YahSat said its contracted future revenues are over $2 billion.

The shareholders will get dividends for the period ending June 30.

DUBAI: ADNOC Distribution has announced AED1.285 billion ($350 million) as an interim dividend payment to shareholders for the first six months of 2021. This is the first payment in what is expected to be a full-year 2021 dividend payment of AED 2.57 billion. This would translate to a 4.9 percent...

Issued during the rule of former president Mahmoud Ahmadinejad in 2006, the Justice Shares were intended to assist economic privatization efforts.

Arkan will merge with Emirates Steel by the end of this year.

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...