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Air Arabia shareholders approve 25% dividend distribution at AGM

SHARJAH / WAM Air Arabia shareholders approved the distribution of 25 percent cash dividend for the financial year ending December 31, 2024 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 25 fils per share, marks another year of strong financial performance for the award-winning low-cost carrier. The Board of Directors’ recommendation follows the airline’s robust ...

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DMT unveils value housing program to boost Abu Dhabi’s real estate sector

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) has announced the launch of a new Value Housing Programme to bolster versatility in the emirate’s real estate market. The Value Housing Programme, which will be rolled out in strategic phases, aims to improve the living standards for individuals and families alike, strengthening social integration and foster community bonds– ...

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