{"id":63003,"date":"2024-03-17T09:55:54","date_gmt":"2024-03-17T09:55:54","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=63003"},"modified":"2025-04-21T12:19:26","modified_gmt":"2025-04-21T10:19:26","slug":"air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/","title":{"rendered":"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting"},"content":{"rendered":"\n[11:10 am, 17\/03\/2024] +966 50 329 3407: Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 20 percent cash dividend for the financial year ending December 31, 2023 at the company\u2019s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning low-cost carrier.<\/p>\n\n\n\n<p>The Board of Directors\u2019 recommendation follows the airline\u2019s robust financial performance in the year ending December 31, 2023, where Air Arabia reported a record net profit of AED 1.5 billion, an increase of 27 percent compared to 2022.<\/p>\n\n\n\n<p>During the AGM, the report of Air Arabia\u2019s auditors, balance sheet, as well as profit and loss accounts were approved by the assembly for the year ending December 31, 2023.<\/p>\n\n\n\n<p>Furthermore, the Board of Directors and auditors of the company were discharged from liability for the financial year ending December 31, 2023, while auditors for the next fiscal year were appointed and their remuneration fixed.<\/p>\n\n\n\n<p>Sheikh Abdullah Bin Mohammed Al Thani, Chairman of Air Arabia, said: \u201cAmidst the challenges of the global aviation landscape, Air Arabia&#8217;s resilience and strategic foresight have propelled us to yet another year of remarkable performance during 2023. The notable achievements in terms of expansion, revenue, and profitability underscore the strength of Air Arabia&#8217;s business model, adept management team, and successful growth strategy. Our dedication to innovation, efficiency, and customer-centricity remains unwavering, driving sustainable growth and shareholder value.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size\">In 2023, Air Arabia added 26 new routes to its global network from its operating seven hubs in the UAE, Morocco, Egypt, Armenia, and Pakistan. The carrier took delivery of 10 new aircraft and ended the year with a fleet of 73 Airbus A320 and A321 aircraft operating to over 206 routes across the Middle East, Africa, Asia, and Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11:10 am, 17\/03\/2024] +966 50 329 3407: Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 20 percent cash dividend for the financial year ending December 31, 2023 at the company\u2019s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning &hellip;<\/p>\n","protected":false},"author":2,"featured_media":63004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-63003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News\" \/>\n<meta property=\"og:description\" content=\"[11:10 am, 17\/03\/2024] +966 50 329 3407: Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 20 percent cash dividend for the financial year ending December 31, 2023 at the company\u2019s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/\" \/>\n<meta property=\"og:site_name\" content=\"Gulf Tech News\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-17T09:55:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-21T10:19:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1066\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"bessan helmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bessan helmi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/\",\"url\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/\",\"name\":\"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News\",\"isPartOf\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg\",\"datePublished\":\"2024-03-17T09:55:54+00:00\",\"dateModified\":\"2025-04-21T10:19:26+00:00\",\"author\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c\"},\"breadcrumb\":{\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage\",\"url\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg\",\"contentUrl\":\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg\",\"width\":1600,\"height\":1066},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gulftech-news.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#website\",\"url\":\"https:\/\/gulftech-news.com\/en\/\",\"name\":\"Gulf Tech News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gulftech-news.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c\",\"name\":\"bessan helmi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g\",\"caption\":\"bessan helmi\"},\"url\":\"https:\/\/gulftech-news.com\/en\/author\/bessan-helmi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/","og_locale":"en_US","og_type":"article","og_title":"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News","og_description":"[11:10 am, 17\/03\/2024] +966 50 329 3407: Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 20 percent cash dividend for the financial year ending December 31, 2023 at the company\u2019s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning &hellip;","og_url":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/","og_site_name":"Gulf Tech News","article_published_time":"2024-03-17T09:55:54+00:00","article_modified_time":"2025-04-21T10:19:26+00:00","og_image":[{"width":1600,"height":1066,"url":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg","type":"image\/jpeg"}],"author":"bessan helmi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"bessan helmi","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/","url":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/","name":"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting - Gulf Tech News","isPartOf":{"@id":"https:\/\/gulftech-news.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage"},"image":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg","datePublished":"2024-03-17T09:55:54+00:00","dateModified":"2025-04-21T10:19:26+00:00","author":{"@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c"},"breadcrumb":{"@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#primaryimage","url":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg","contentUrl":"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0627\u0644\u0639\u0631\u0628\u064a\u0629-\u0644\u0644\u0637\u064a\u0631\u0627\u0646.jpeg","width":1600,"height":1066},{"@type":"BreadcrumbList","@id":"https:\/\/gulftech-news.com\/en\/2024\/03\/17\/air-arabia-shareholders-approve-20-dividend-distribution-at-annual-general-meeting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gulftech-news.com\/en\/"},{"@type":"ListItem","position":2,"name":"Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting"}]},{"@type":"WebSite","@id":"https:\/\/gulftech-news.com\/en\/#website","url":"https:\/\/gulftech-news.com\/en\/","name":"Gulf Tech News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gulftech-news.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/c033626e357b2f7e127eac0570ddc05c","name":"bessan helmi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gulftech-news.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bb1e09a6f094e0fa605073926f8ad9eb228a8b0aacd381fda782c562612428cf?s=96&d=mm&r=g","caption":"bessan helmi"},"url":"https:\/\/gulftech-news.com\/en\/author\/bessan-helmi\/"}]}},"_links":{"self":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/63003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/comments?post=63003"}],"version-history":[{"count":1,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/63003\/revisions"}],"predecessor-version":[{"id":63005,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/posts\/63003\/revisions\/63005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/media\/63004"}],"wp:attachment":[{"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/media?parent=63003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/categories?post=63003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulftech-news.com\/en\/wp-json\/wp\/v2\/tags?post=63003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}