Economy Local February 28, 2025

Al-Mashreq Allocates Profits at 211%

The General Assembly of Al-Mashreq Bank approved the distribution of cash profits to shareholders at 211% (21.1 dirhams for each share) for the year 2024.


Al-Mashreq Allocates Profits at 211%

Today, February 27, 2025, at the general meeting of the shareholders of Mashrik Bank, the distribution of cash dividends to private individuals in the amount of 211% (which equals 21.1 dirhams for each share) from the capital for the year 2024 was approved.

According to the bank's statement, the payment of dividends will be initiated after receiving the necessary approvals and within the time limits established by law. This decision was made based on the successful financial performance of the bank in the past year and its sustainable growth strategy.

"We are pleased to announce this decision regarding the payment of dividends to our shareholders. Our priority is to ensure stable returns to our investors and continue to implement our successful strategy," noted the bank's representative.