ALEC Holdings PJSC will hold its Annual General Assembly Meeting on March 24, 2026, to vote on a proposed cash dividend of AED 250 million.
The proposed dividend represents 36.4% of the 2025 net profits, equivalent to 500% of the company's capital, with an eligibility date of April 3, 2026.
Shareholders will review the financial reports for the fiscal year ended December 31, 2025, and vote on board remuneration not exceeding 10% of net profits.
The meeting will be held at the Ritz-Carlton DIFC and virtually, requiring a 50% quorum; a second meeting is scheduled for April 6, 2026, if the quorum is not met.
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.9%
GULF BANK0.33+0.3%
Commercial Bank Of Kuwait0.47-4.1%
Burgan Bank0.21+0.5%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%