Press releases, Reports & Disclosures for Dubai Financial Market PJSC

The Board of Directors of TECOM Group PJSC invites shareholders to attend the Annual General Assembly Meeting on March 10, 2025, at 3:00 p.m. The meeting will take place at the company's offices in Dubai Internet City and will also be accessible remotely. The agenda includes reviewing and approving the Board's report on the company's activities and financial position for the year ending December 31, 2024, the external auditors' report, the company's balance sheet, and the profit and loss account. Additionally, there will be a discussion on the Board's recommendation to distribute a cash dividend of AED 400 million for the second half of the financial year, amounting to 8 fils per ordinary share, representing 80% of the company's share capital. The total cash dividend for 2024 will be AED 800 million, including an interim dividend of AED 400 million.

The Dubai Financial Market (PJSC) is considering passing a resolution by circulation on March 11, 2025. The announcement was made in a communication involving H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.