Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
Americana Restaurants International PLC has issued a notification to the Chief Executive Officer of the Abu Dhabi Securities Exchange regarding a Board of Directors meeting. The meeting is scheduled for 12:30 pm (UAE local time) on Thursday, 27th June 2024. The agenda includes a performance update for the year-to-date period ending May 2024 and other business updates. In compliance with Resolution No (3) of 2000 on disclosure and transparency, the decisions made during the meeting will be disclosed immediately afterward. The notification is signed by Saqib Muhammad Sabir Awan, Secretary of the Board, with a copy sent to the Securities and Commodities Authority.
ADNOC Drilling has announced a new dividend policy that ensures a minimum annual growth of 10% in dividends from 2024 to 2028, resulting in at least 61% cumulative growth over five years. This policy allows the Board of Directors to approve additional discretionary dividends. At least $4.8 billion will be distributed to shareholders during this period, highlighting the company's commitment to attractive shareholder returns. The policy was approved at the General Shareholder Meeting and aims for a minimum cumulative yield of over 27% from 2024 to 2028. Dividends will be paid semi-annually. ADNOC Drilling recently increased its free float to 16.5% following a $935 million institutional placement, benefiting a larger number of shareholders.
Taaleem Holdings PJSC has announced the official completion of the Dubai British School Jumeira (DBS Jumeira), a new addition to their network of Dubai British Schools. This new state-of-the-art facility, located in Jumeira along Dubai’s iconic water canal, is ready to welcome students for the academic year 2024/25. Designed to accommodate up to 1,900 students, the school features advanced educational technologies and extensive recreational facilities to enhance both academic and extracurricular experiences. Due to high demand, DBS Jumeira has already entered a waitlisting phase for enrollment. This marks the fourth school in Taaleem’s DBS network, demonstrating their commitment to providing premium education in the UAE and reflecting their dedication to advancing educational excellence and accessibility in the region.
Al Firdous Holdings (P.J.S.C.) and its subsidiary in Dubai, United Arab Emirates, have released their consolidated financial statements for the period ending March 31, 2024. These statements are accompanied by an independent auditor's report.
Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, have released their consolidated financial statements for the period ending March 31, 2024. These statements are accompanied by an independent auditor's report.
Ithmaar Holding B.S.C. has announced that its Board of Directors will review and approve the financial results for the period ended 30 June 2024 on Tuesday, 13 August 2024, at 1:00 PM. This announcement is directed to Bahrain Bourse and Dubai Financial Market.