The Ajman Consumer Cooperative Society has approved the distribution of cash dividends at 8% and a return on shareholders' purchases at 10% for the 2025 fiscal year. This decision was made during the General Assembly meeting, attended by Sheikh Dr. Mohammed bin Abdullah Al-Nuaimi, Chairman of the Board of Directors, board members, association members, representatives from the Ministry of Economy, the Economic Development Department, and the external auditor. The meeting reviewed the financial and operational results, as well as the future prospects of the association. Sheikh Mohammed bin Abdullah Al-Nuaimi confirmed that «the positive results reflect the success of the policies and procedures in place, thanks to the wise leadership's directives». He noted the «Ajman Cooperative»'s continuous commitment to developing branches, enhancing strategic partnerships, and launching initiatives that support profits and maximize benefit for shareholders and the local community. He explained that the pricing strategy, which included fixing the prices of 250 goods and launching the «lowest price guarantee» initiative for certain products to support shoppers, contributed to a 40% increase in the number of shopper-members, from 1,650 to 2,270, which boosted operational revenues and brand loyalty. He also mentioned that the administration has approved its future plans, which include enhancing digital transformation, improving the efficiency of electronic services, developing and renovating all association branches in a suitable investment format, as well as developing loyalty and return programs for shareholders and investing in qualifying national cadres to lead the next phase, ensuring sustainable growth and enhancing quality and competitiveness.
