Browsing: dividends

Dubai-based toll gate operator Salik reported a net profit of AED 1.16 billion ($315.9 million) for 2024, with EBITDA reaching AED 1.6 billion, reflecting a 13.6% year-on-year increase.

Abu Dhabi National Insurance Company (ADNIC) has approved a 45% cash dividend, amounting to AED…

Sharjah Islamic Bank (SIB) shareholders have approved a 15 percent cash dividend for 2024, amounting to AED 458.7 million.

ADNOC Group’s listed companies reported AED 182.4B (USD 49.7B) in revenue for 2024, with EBITDA reaching AED 58.7B (USD 16B) and net profit exceeding AED 33B (USD 9B). The six firms plan to distribute AED 24.6B (USD 6.7B) in dividends, subject to shareholder approval, reinforcing their strategies for sustainable growth and shareholder returns.

ADNOC Gas plc and its subsidiaries have announced a record net income of USD 5 billion for the full year (FY) 2024, alongside the highest quarterly income of USD 1.38 billion since its IPO.

NMDC Energy has announced robust financial results in its first full-year earnings since going public in September 2024. The company’s net profit surged 80 per cent year-on-year to AED 1.41B (USD 380M), up from AED 780M (USD 212.4M), driven by strong operations and strategic expansions.

Mair Group, a UAE-based strategic investment firm, is set to list directly on the Abu Dhabi Securities Exchange (ADX) on December 9, marking a significant milestone in its growth. Originally founded in the cooperative movement, Mair has diversified its business, focusing on food retail, commercial real estate, and contributing to the UAE’s food security

Talabat Holding, Delivery Hero’s Middle East subsidiary, announced on Monday its plan to sell a 15 per cent stake through an initial public offering (IPO) on the Dubai Financial Market (DFM), marking one of the biggest listings in the region.

National Shipping Company of Saudi Arabia (Bahri), listed on the Saudi Exchange, has announced its financial results for Q2 and H1 2024.

Saudi Arabia’s offering of shares in the oil giant Aramco received more demand than the available stock shortly after launching on Sunday, potentially raising up to $13.1B in a significant test of global interest in the kingdom’s assets.