Browsing: dividend distribution

As part of its continuous efforts to enhance the investment environment in the United Arab Emirates, the Ministry of Finance has announced the issuance of Cabinet Decision No. 34 of 2025 on Qualifying Investment Funds and Qualifying Limited Partnerships for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, which replaces the provisions of Cabinet Decision No. 81 of 2023. The new decision aims to attract more investments and promote the growth of the national economy.

Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy.

Air Arabia’s shareholders have endorsed a 25 percent cash dividend distribution for the fiscal year ending 31 December 2024, during the company’s Annual General Meeting (AGM).

Sharjah Islamic Bank (SIB) reported exceptional financial performance for the year ending 31st December 2024, achieving significant growth. The bank’s net profit before tax rose by 36.5% to AED 1.15B, with net profit after tax increasing by 24.5% to AED 1.05B. This marks the first time SIB’s net profit has exceeded AED 1B, reflecting its ability to expand and diversify operations in both local and international markets.

Al Mal Capital Dividend Details Al Mal Capital REIT (“AMCREIT”), the first REIT listed on…

TECOM Group has disclosed its financial results for the second quarter (Q2) and first half (H1) of the year ending 30th June 2024. The Group’s net profit for H1 increased by 24% to AED 603M, with revenues growing by 9% year-on-year (YoY) to AED 1.1B.

RAKBANK shareholders approve a cash dividend of 22.5 percent (22.5 fils per share) of the…