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Qowe Communications Shareholders Approve 11.9 Million Riyals Profit Distribution
Shareholders of United Arab Telecom "go" approved a cash dividend distribution of 11.9 million SAR for the fiscal year ending in March 2026, at a rate of 0.35 SAR per share, representing 3.5% of the share's nominal value. This decision was made during the extraordinary general assembly meeting held via modern technological means, where members approved the recommendation and authorized the board of directors to implement it. They also approved certain transactions and contracts with related companies, while they did not approve any amendments to policies or the appointment of new board members. Dividend distributions will commence starting September 16, 2026.
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