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- Beyon announces Q1 2025 financial results
- Vodafone Qatar brings smart home connectivity to 'Build Your House 2025' exhibition
- Milaha reports 3% growth in Q1 2025 net profit, reaching QR374m
- Industries Qatar posts a net profit of QR1bn in Q1
- PureHealth reports 3% rise in Q1 net profit to $137.5m
- Closing Bell: Saudi main index closes in red at 11,671
- Saudi Arabia raises undeveloped land tax to 10%, expands scope to vacant properties
- QLM earns insurance revenue of QR299.5mn in first quarter
- Ooredoo Group net profit up 5% to QR960mn in Q1-2025
- QSE surges 135 points; M-cap adds QR7.69bn
27/02/2018 05:57 AST
First Abu Dhabi Bank (FAB), one of the world's largest financial institutions based in the UAE capital, is set to distribute 70 per cent cash dividends worth Dh7.6 billion ($2.1 billion) to its shareholders for 2017, up 11 per cent compared to the previous year.
Announcing this at the annual general assembly meeting held at FAB's head office in Abu Dhabi, Group CEO Abdulhamid Saeed said: "2017 was a solid first year for the bank, with its resilient performance reflecting the strategic rationale of the merger, as well as the trust and confidence our shareholders have in us."
"In line with our commitment to maximise shareholder value and deliver top returns, we are very pleased to announce the distribution of 70 per cent cash dividends, totalling Dh7.6 billion. Up by 11 per cent compared to 2016, this is the highest dividend amount distributed by the legacy banks historically," remarked Saeed.
The dividends equal to Dh 0.70 per share will be only given to registered, entitled shareholders for the financial year ended December 31, 2017, he stated.
"Owners of FAB shares registered on March 7, 2018 (i.e. buyers on March 5, 2018) are entitled to cash dividends," he added.
Trade Arabia
30/04/2025
First Abu Dhabi Bank (FAB), the UAE's largest bank, announced a 23 per cent increase in its first-quarter net profit, reaching Dh5.13 billion compared to the same period last year.
The bank'
Khaleej Times
01/04/2018
First Gulf Properties, the real estate service provider and a wholly-owned subsidiary of the First Abu Dhabi Bank (FAB), has changed its name to "FAB Properties."
It manages a diversified
Trade Arabia
21/03/2018
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest financial institutions, has secured a licence from the Saudi Arabia Monetary Authority (Sama) to establish a commerci
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.00 | -1.50 (-0.38 |
| EMIRATESNBD | 20.55 | 0.15 (0.73 |
| ADCB | 11.64 | -0.26 (-2.19 |
| ADIB | 18.30 | 0.00 (0.00 |
| EIB | 12.25 | 0.00 (0.00 |
01/05/2025
Beyon announced its financial results for the first quarter of 2025.
Beyon reported net profit attributable to equity holders of BHD 18.1M (US$ 48.0M) for Q1 2025, a 4% decrease from BHD 18
BNA
01/05/2025
Vodafone Qatar recently took part in the 6th edition of the Build Your House exhibition.
Build Your House is a premier event catering to local house builders, bridging connections between
The Peninsula
01/05/2025
Qatar Navigation (Milaha) yesterday announced its financial results for the three months ended March 31, 2025.
Milaha reported solid financial results for the first quarter ended March 31,
The Peninsula
01/05/2025
Industries Qatar, yesterday reported a net profit of QR1bn for the three-month period ended 31 March 2025, representing a moderate decline compared to 1Q-24.
Macroeconomic environment prese
The Peninsula
01/05/2025
PureHealth Holding, a leading healthcare group in the Middle East, reported a revenue increase of 8% year-on-year to AED6.6 billion ($1.8 billion) driven by growth across all of PureHealth's segments
Trade Arabia
Financial Information Co.
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