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Al-Arabi to distribute 1.29B riyals to shareholders
The Arab National Bank has announced its Board of Directors' decision to distribute interim cash dividends exceeding 1.29 billion Riyals for the first half of 2026, at a rate of 0.65 Riyals per share after Zakat deduction. The entitlement date has been set for shares owned as of the close of trading on July 23, 2026, with dividends to begin disbursement on August 4, 2026. The announcement states that the distributions will be subject to a 5% withholding tax for non-resident foreign investors, and encourages shareholders to verify the receipt of their previous dividends and to deposit physical certificates into their investment portfolios to ensure speedy transfer.
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