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Borouge shareholders have approved a $1.3 billion dividend for 2023, with a plan to pay the same amount in 2024. This decision is supported by the company's strong cash generation and a healthy balance sheet. The company's major project, Borouge 4, which is set to increase production capacity by 1.4 million tonnes per year and generate $1.5 - $1.9 billion in revenue, is 60% complete. The company is also looking to expand globally, with a significant opportunity in the Asia Pacific region. Furthermore, Borouge is planning to expand its second ethylene unit to increase its olefins and polyolefins production by 230,000 tonnes by 2028. The company is also implementing various AI and advanced technology projects, aiming to generate an additional $280 million.
The Board of Directors of ADNOC Logistics & Services PLC has invited shareholders to attend the annual general assembly meeting on 29 April 2024, either in person at Sofitel Abu Dhabi Corniche Hotel or virtually. The meeting will discuss several items, including the approval of the company's financial reports for the year ended 31 December 2023, the appointment of external auditors for the financial year 2024, and a proposed cash dividend distribution of USD 130 million. Shareholders can register for the meeting and vote on the items electronically. The company also advised shareholders to update their contact details for proper dividend delivery.
The document is the annual report and audited financial statements of the Chimera Umbrella Fund for the financial year that ended on 31st December 2023. It provides a comprehensive overview of the fund's financial performance and status over the past year.
The document is the annual report and audited financial statements of the Chimera Umbrella Fund for the financial year ending on 31st December 2023. The report provides a comprehensive overview of the fund's financial performance and operations during the year.
The text is an annual report and audited financial statements of the Chimera Umbrella Fund for the financial year that ended on December 31, 2023. It is likely to contain detailed information about the fund's financial performance, including income, expenses, assets, and liabilities. The report might also include an auditor's opinion on the accuracy of the financial statements, as well as insights into the fund's management and future plans.
The document is the annual report and audited financial statements of the Chimera Umbrella Fund for the financial year that ended on 31 December 2023. It provides a comprehensive review of the fund's financial performance over the year.
The text provides the contact details for the Corporate Governance Report for the year 2023. Interested parties can connect via email at alwathba@awnic.com, or visit the website at www.awnic.com.
Incorporated in Abu Dhabi under Law (18) of 1975, the Al Ain Ahlia Insurance Co. (PSC) held a board meeting on 28th March 2024. All seven board members attended the meeting, which started at 9:30 PM and ended at 10:30 PM. The board approved the minutes of the previous session, discussed the company's regular business, and approved board committee recommendations. The board also reviewed the Central Bank's approval of the company's 2023 financial statements and a proposal for a 20% cash dividend distribution. Additionally, the board discussed amending the company's articles of association regarding female representation on the board, pending approval at the next general assembly. The meeting was signed off by Yaser Ibrahim Hmedan, the Board Secretary.