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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From APEX INVESTMENT P.S.C
Disclosures: APEX INVESTMENT P.S.C Elections (Board Members)

The General Assembly Meeting of Apex Investment PSC took place on 5th March 2024, from 3:00PM to 4:00PM, chaired by Khalifa Khoury. The quorum of total attendance was 84.14%, with 0.01% in personal attendance and 84.12% by proxy, and the same percentage attending through electronic voting. The meeting resulted in the election of new board members, including Ahmed Amer Omar, Hamad Khalfan Ali Matar Al Shamsi, Futoon Hamdan Mohamed Saif Al Mazrouei, and Saie Thomas.

1. Disclosures: APEX INVESTMENT P.S.C Elections (Board Members)

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From First Abu Dhabi Bank
Disclosures: FAB shareholders approve AED 7.8 billion cash dividend at Annual General Meeting

First Abu Dhabi Bank (FAB) shareholders approved all items on the agenda, including a cash dividend of 71 fils per share, totaling AED 7.8 billion, at the Annual General Meeting (AGM). This marks the highest cash dividend payout since 2020. The bank's robust performance in 2023 was highlighted, and the AGM also emphasized FAB's strong platform for future growth. The bank's strategic direction was also outlined, with the aim to enhance FAB's position as a driver of economic and financial progress in the UAE, and to become a global financial powerhouse. The AGM also approved the Board of Directors report, the external auditors report, and the Internal Shari’ah Supervision Committee annual reports for FY 2023.

1. Disclosures: FAB shareholders approve AED 7.8 billion cash dividend at Annual General Meeting

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Yahsat Q4 & FY 2023 Results Presentation

1. Disclosures: Yahsat Q4 & FY 2023 Results Presentation

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC Financial Results for the Period Ended December 31,2023

The Al Yah Satellite Communications Company PJSC has released its consolidated reports and financial statements for the periods ending 31 December 2020 and 31 December 2023. The documents were verified through DocuSign with Envelope ID: 546641D2-1400-4CAD-9197-74BEB3B58E4E.

1. Disclosures: Al Yah Satellite Communications Company PJSC Financial Results for the Period Ended December 31,2023

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC Management Discussion and Analysis Report for the Period Ended December 31,2023

1. Disclosures: Al Yah Satellite Communications Company PJSC Management Discussion and Analysis Report for the Period Ended December 31,2023

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Yahsat reports strongest ever financial results for 2023

Yahsat, the UAE's flagship satellite solutions provider, has reported its strongest ever financial results for 2023. Revenue grew by 6% compared to the previous year, reaching a record AED 1.7 billion (USD 457 million). Adjusted for material, one-time items, the company's EBITDA grew by 5% to a record AED 996 million (USD 271 million), while net income grew by 9% to a record AED 424 million (USD 116 million). All operating segments of the Group saw revenue growth for the first time since the company's IPO in July 2021. Contracted future revenues reached AED 25.1 billion (USD 6.8 billion), approximately 15 times the full year revenues.

1. Disclosures: Yahsat reports strongest ever financial results for 2023

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC Board Meeting Results held on 04/03/2024 at 15:00

A board meeting was held by Al Yah Satellite Communications Company PJSC on March 4, 2024, from 3.02 PM to 5.25 PM (UAE local time). Eight directors attended the meeting, achieving a quorum of 88.88%. The board approved the audited financial statements for the financial year ended December 31, 2023. They also approved to issue a recommendation for distributing a final cash dividend of AED 200,793,093 (8.23 fils per share) and approved the interim dividends declared on September 21, 2023, bringing the total cash dividend for that financial year to AED 401,586,186 (16.46 fils per share). Lastly, the board approved the agenda for the Annual General Assembly Meeting of the Company (AGM) and invited the AGM to virtually convene on April 25, 2024, or any other date agreed by the Securities and Commodities Authority.

1. Disclosures: Al Yah Satellite Communications Company PJSC Board Meeting Results held on 04/03/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Abu Dhabi National Hotels Co.
Disclosures: Abu Dhabi National Hotels Co. AGM Minutes held on 28/02/2024 at 16:30

1. Disclosures: Abu Dhabi National Hotels Co. AGM Minutes held on 28/02/2024 at 16:30

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Abu Dhabi Islamic Bank
Disclosures: Decision by ADIB Board of Directors

1. Disclosures: Decision by ADIB Board of Directors

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Abu Dhabi Ship Building Co.
Disclosures: Disclosure of Resolution by Circulation – Board Committees

On 4th March 2024, the Board of Directors of Abu Dhabi Ship Building PJSC issued a resolution to restructure the Executive Committee. The new structure includes three members and two advisors. The members are Rodrigo Torres (Chairman), Omar Al Zaabi, and Saeed Al Suwaidi. The advisors are Miles Chambers and Amit Surana.

1. Disclosures: Disclosure of Resolution by Circulation – Board Committees

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