Air Arabia approves 9 per cent cash dividend

Following the conclusion of its annual general meeting (AGM) on Monday, the board of directors of Air Arabia announced that the assembly has approved the distribution of a nine per cent cash dividend of the company’s share capital for the year 2014, equivalent to 9 fils per share.

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Published: Tue 10 Mar 2015, 10:30 PM

Last updated: Thu 25 Jun 2015, 7:22 PM

The assembly approved the report of the company’s auditors for the financial year ending December 31, 2014, as well as the balance sheet and profit and loss accounts. The assembly discharged the directors and auditors of the company from liability for the financial year ending December 31, 2014, and appointed auditors for the next fiscal year to fix their remuneration.


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