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14/03/2018 05:52 AST
Air Arabia's shareholders on Tuesday approved the distribution of a 10 per cent cash dividend for the 2017 financial year during the company's annual general meeting.
The dividend, which is equivalent to 10 fils per share, comes after the budget carrier reported Dh662 million in net profit for 2017, marking a 30 per cent jump year-on-year as the airline grew its network and cut costs.
At the annual general meeting, Air Arabia said it is "strongly poised to overcome any future challenges."
Gulf News
18/03/2025
Air Arabia shareholders have approved the distribution of 25 per cent cash dividend for the financial year ending December 31, 2024 at the company's annual general meeting (AGM). The dividend, which
Khaleej Times
20/03/2018
Air Arabia Egypt said on Monday it will launch direct flights between the Egyptian city of Sohag and Jeddah in Saudi Arabia from March 20, 2018. The airline, which is based in Sharjah but with four o
Gulf News
11/03/2018
Air Arabia has unveiled plans to order 100 narrow-body planes at list prices before the end of the year, a deal estimated to be valued at $11 billion, said a report.
Air Arabia currently o
Trade Arabia
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09/04/2025
GE Vernova and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova's Saudi engineers and specialists.
Trade Arabia
09/04/2025
Estithmar Holding announces the resignation of Mohammed bin Bader Al-Sada as the Group Chief Executive Officer. The Board of Directors has appointed Juan Leon as his successor, with full executive au
The Peninsula
09/04/2025
Investcorp Capital, a major player in the private markets and alternative investment sector, has announced that it has completed the sale of its US industrial real estate portfolio for an aggregate
Trade Arabia
08/04/2025
The total assets of commercial banks operating in Qatar saw an increase in February 2025 reaching over QR2 trillion according to official data released by Qatar Central Bank (QCB), yesterday.
The Peninsula
08/04/2025
Sohar International Bank on Monday announced its intention to explore a potential merger with Ahlibank.
In a meeting held by its board of directors, Sohar International resolved to send a le
Muscat Daily
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