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FINANCIAL NEWS
Air Arabia distributes 8% dividends
22 Mar 2011
(MENAFN) Air Arabia stated that its board of directors approved eight percent of cash dividends to be distributed to shareholders, reported Arabian Business.
The company said that the dividends per share were down by 20 percent compared to the previous year. This comes as the low-cost carrier revealed a 31.5 percent decrease in net profit for the whole of 2010.
Air Arabia added that revenue in 2010 increase by 5.5 percent, year on year, amounting to USD566 million.
In addition, the company stated that even though profits declined, seat occupancy stood at 83 percent in 2010, compared to 80 percent a year earlier.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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