The National Bank of Abu Dhabi's (NBAD) shareholders have approved distribution of a cash dividend of 40 per cent and a stock dividend of 10 per cent for the financial year ended December 31.
They also voted in favour of issua
Abu Dhabi–based Tasweek Real Estate Development and Marketing, an advisor and solutions provider serving the real estate markets, has distributed 60 per cent of its 2013 profits to shareholders as bonus shares.
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013.
The bank will also issue
The Saudi British Bank (SABB) will increase its capital by 33 per cent from SR7.5 billion ($1.99 billion) to SR10 billion by issuing of bonus shares to its shareholders at the rate of one bonus share for each 3 shares.
The capital inc
Jazeera Airways has registered the third consecutive profit-making year with its net profit for 2008 soaring 94 per cent to hit KD4.5 million ($15.4 million) when compared to KD2.3 million ($7.8 million) the previous year.
The Board of Directors (BOD) at Qatar General Insurance & Reinsurance announces the results of board meeting which was held last week.
The BOD has decided to submit a proposal to the General Assembly to approve a distribution of 30 per
The Abu Dhabi National Hotels (ADNH), a leading hotel, tourism, transport and catering company in the UAE, plans to increase the company's capital from Dh720 million ($196 million) to Dh1 billion ($272 million) by issuing bonus shares.