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The report presents the consolidated financial statements of Emirates Telecommunications Group Company PJSC for the year ending 31 December 2023. The document provides an overview of the company's financial performance, including revenue, expenses, net profit, and other key financial indicators. It also includes commentary on the company's performance and future outlook. The report is intended for stakeholders interested in the company's financial health and strategic direction.
The text refers to the annual financial reports and statements of Dubai Refreshment (P.J.S.C.) for the fiscal year ending on 31st December 2023.
The Board of Directors of Emirates Telecommunications Group Company (Etisalat Group) held a meeting on 15th February 2024, attended by ten out of eleven board members. They approved the audited consolidated financial statements for the year ended 31st December 2023, prepared as per International Financial Reporting Standards (IFRS). The board proposed a final dividend distribution for the second half of the year 2023 of 40 fils per share, totaling AED 3,477,198,000. This makes the full dividends for the fiscal year 2023 to 80 fils per share (80% of the nominal value of the share). Additionally, the board recommended a new progressive dividend policy with an increase of 3 fils every year for the fiscal years 2024, 2025, and 2026, raising the dividend per share to 89 fils by fiscal year 2026.
The Board of Directors of ADNOC Drilling Company P.J.S.C. has announced the opening of nominations for its Board membership from February 21, 2024, to March 2, 2024. Shareholders who meet the criteria can submit their applications for the roles of Executive Director, Non-Executive Director, or Independent Director. The board will be made up of seven members. Candidates must comply with UAE Federal Law No. (32) of 2021 and the Chairman of Authority’s Board of Directors’ Decision no. (3 / Chairman) of 2020. All applications and supporting documents must be submitted to aboardsecretary.drilling@adnoc.ae by 3:00pm UAE time on March 2, 2024. The list of nominees will be published on the company's website and provided to the Securities and Commodities Authority and the Abu Dhabi Securities Exchange after the nomination period closes.
The Emirates Driving Company pjsc has scheduled a meeting on Wednesday, 28th February 2024, starting at 01:30 pm. The meeting will discuss the date for the annual general meeting for the fiscal year ending on December 31st, 2023 and its agenda. Other business matters and progress on company projects will also be discussed. The notice was signed by the Chief Executive Officer, Khaled Al Shemeili, on 28/02/2024.