“The company saw its share price surge 30 per cent from its listing date in March 2023 to year-end, driving its market capitalization to $65 billion and ranking us among the Top…
Tag: H22023
ADNOC Drilling shareholders to get $358m as H2-2023 dividend by April 3
The annual dividend is expected to grow by ‘at least’ 5 per cent on a per share basis over the next three years. (On ADX, the stock will start trading at Dh3.93, and…
Dubai toll-gate firm Salik confirms 7.33 fils as H2-2023 dividend, total payout at Dh550m
“Salik continues to emerge as a leading toll-gate operator globally,” said Mattar Al Tayer, Chairman of Salik. “Our updated corporate strategy will see the diversification of our revenue streams to supplement the expansion…
ADNOC Distribution net profit at Dh2.6b, recommends Dh1.28b dividend for H2-2023
As of end December, ADNOC Distribution’s retail network totals 840 fuel stations, including 529 in the UAE, 243 in Egypt and 68 in Saudi Arabia. The company’s board of directors also approved…
ADNOC joint venture Borouge proposes Dh2.38b dividend for H2-2023
This announcement should further sweeten up proceedings as ADNOC works on an ambitious merger of Borouge with Borealis (with its base in Austria), also an established presence in petrochemicals. Both entities have…