Shareholders approved the recommendation to not distribute cash dividends for the fiscal year ended December 31, 2025, to support strategic growth initiatives and maintain financial flexibility.
The company reported fiscal year 2025 financial results including revenue of AED 8.9 billion, net profit of AED 522 million, and a net cash position of AED 1.2 billion.
The assembly approved Board of Directors' remuneration totaling AED 7,417,950 and reappointed Ernst & Young as external auditors for 2026 with fees set at AED 1,368,500.
The Group reaffirmed its decarbonization strategy targeting a 40% reduction in steel emissions and a 30% reduction in cement emissions by 2030.
Qatar Index10,634.87+0.1%
DFM Index5,867.44+0.2%
TASI11,194.51+0.1%
Emirates NBD30.04+1.0%
Dubai Electricity & Water Authority2.67-0.4%
EMAAR12.42-0.8%
EMAARDEV15.18+0.4%
ADNOC GAS3.31+3.1%
First Abu Dhabi Bank18.36+0.9%
Emirates Telecom19.14+0.6%
Abu Dhabi Commercial Bank13.96+0.4%
ALRAJHI69.40+0.4%
MAADEN65.60-1.0%
SNB39.70-0.4%
SABIC60.90+0.1%
Boubyan Bank0.68+0.3%
GULF BANK0.34+1.2%
Commercial Bank Of Kuwait0.50+1.4%
Al-ahli Bank Of Kuwait0.280.0%
QNB17.43-0.5%
Industries Qatar12.25+0.3%
Qatar Islamic Bank22.540.0%
Ooredoo13.73+1.1%