Press Release regarding Dividend Distribution

DFMDisclosureApril 22, 2026View on exchange

AI Summary

Amlak Finance shareholders approved an AED 735 million dividend, equivalent to AED 49 fils per share, representing 49% of the share capital.
The company reported a net profit of AED 1.47 billion for FY 2025, a significant increase from AED 12 million in 2024, primarily driven by the AED 2.9 billion sale of the Ras Al Khor land bank.

Amlak successfully settled all investment deposits and exited its Common Terms Agreement while reducing operating costs by 9% to AED 92 million.

The Board is reviewing strategic options following shareholder feedback on its business plan, including the managed exit of legacy business lines and the eventual surrender of its Central Bank UAE license.

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Press Release Divid