Union Properties shareholders have approved the distribution of a cash dividend of AED3 fils per share, marking the company’s first dividend payout in 11 years.
Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May.
Dubai Electricity and Water Authority (Dewa) has announced plans to distribute cash dividends worth AED3.1 billion ($844 million) to its shareholders for the second half of 2025. This comes after Dewa delivered solid financial results last year netting an annual revenue of AED32.8 billion ($8.9 billion).
The annual general meeting of Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has approved a total payout of AED3.524 billion ($959.56 million), which is equivalent to 50% of the bank's 2025 net profit.
The Annual General Meeting (AGM) of Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has approved the distribution of cash dividends to shareholders at Fils 54.06 per share, equivalent to 54.06% of the paid up capital, amounting to BD76.5 million ($202.62 million).
Tecom Group, a key developer of strategic business districts in Dubai, has announced that its board has won approval to distribute aggregate cash dividends worth AED880 million ($229 million) to its shareholders for FY2025. It will be paid in two equal instalments (this August and April next year) as per the updated dividend policy.
First Abu Dhabi Bank (FAB) shareholders approved the distribution of AED8.84 billion ($2.41 billion in cash dividends for the financial year ended 31 December 2025, at the bank's Annual General Meeting (AGM) held on Wednesday virtually.
