Yemen Mobile announces distribution of highest percentage of profits by 40 percent
Sana'a - Saba:
Yemen Mobile on Tuesday announced a 40% profit distribution to shareholders for the past year, the highest in Yemen, at its General Assembly meeting in the capital Sana'a.
Minister of Communications and Information Technology Mohammed al-Mahdi lauded the company's achievements despite the "American aggression" and its role in digital transformation, urging the development of local apps.
The Minister of Finance praised Yemen Mobile as a leading company and pledged support for its growth.
Chairman of the company Essam al-Hamli highlighted the company's successful performance, network expansion (including 4G in Socotra), subscriber growth (over 13.5 million), and significant revenue and profit increases, leading to the record dividend.
Yemen Mobile is also investing in digital transformation and community support. The Executive Director stated that dividend payment dates will be communicated via SMS. The General Assembly approved the profit distribution.
Whatsapp Telegram Email Print
more of (Local)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Saba Yemen
3 days ago
- Saba Yemen
Musk's net worth drops $34 billion amidst dispute with Trump
New York – Saba: American businessman Elon Musk experienced an approximate $34 billion loss in his net worth in a single day, attributed to a public dispute with US President Donald Trump. Despite this significant drop, his fortune is now estimated at $335 billion, maintaining his position as the world's richest person, according to the Bloomberg Billionaires Index. This loss represents the second-largest single-day decline in the index's history for Musk. The sharp decrease followed threats from Trump to potentially cancel government support and contracts with Musk's companies, Tesla and SpaceX. Consequently, Tesla shares plummeted by about 14.2% by Thursday's market close, leading to a loss of approximately $152 billion in the company's market value Whatsapp Telegram Email Print
Saba Yemen
27-05-2025
- Saba Yemen
Honoring dedicated workers at Ras Isa Oil Facility & Hodeida Port
Hodeida - Saba: The leadership of the Yemeni Oil Company and the Coordination Council of Syndicate Committees honored the workers at the Ras Isa oil facility and port in Hodeida province on Tuesday, in recognition of their steadfastness and dedication in performing their duties. This tribute coincided with the occasion of International Workers' Day. During the ceremony, the Acting Executive Director of the Yemeni Oil Company, Mohammed Al-Lakumi, and the Secretary-General of the Coordination Council of Syndicate Committees, Abdullah Al-Dia'a, presented the workers with certificates of appreciation and symbolic financial rewards in gratitude for their unwavering commitment and continuous efforts to maintain the facility's readiness and ensure service continuity despite challenges. Al-Lakumi emphasized that this honor represents a message of gratitude and recognition for workers who have demonstrated professional and national loyalty, rising to the occasion under the most difficult circumstances. He praised their discipline and dedication. He noted that the tribute comes in the wake of last month's horrific crime targeting the Ras Isa facility in U.S. airstrikes, which claimed the lives of over 85 martyrs, including facility workers and truck drivers. Al-Lakumi affirmed that the workers' resilience and perseverance despite their wounds embody the highest levels of national sacrifice and professional loyalty. He added that the company's leadership would continue to support all field efforts and work to overcome obstacles to enhance performance and ensure job stability for workers across various facilities. For his part, the Secretary-General of the Coordination Council of Syndicate Committees expressed the council's pride in the exemplary dedication and loyalty demonstrated by the workers at Ras Isa. He highlighted their steadfastness in the field despite repeated targeting and their ability to endure the harsh conditions facing the country. Al-Dia'a commended the leadership of the company's branch in Hodeida for its consistent care for employees and its efforts to provide a motivating environment for continued contributions. He also praised the efforts of all administrative and technical teams at the facility. He stressed that the Coordination Council would remain a steadfast supporter of all workers, sparing no effort in defending their legitimate rights , fostering a stable and secure work environment that upholds human dignity and recognizes their efforts. For their part, the honored workers expressed their gratitude for this motivational and morale-boosting gesture, affirming that the recognition reinforces their spirit of dedication and belonging, serving as an incentive to continue working diligently in service of the nation. Whatsapp Telegram Email Print more of (Local)
Saba Yemen
23-05-2025
- Saba Yemen
Iranian Foreign Minister: Indirect negotiations file still open
Rome - Saba: Iranian Foreign Minister Abbas Araghchi described the fifth round of indirect talks between Iran and the United States as one of the most professional rounds of negotiations, adding, "We can say that the file of indirect negotiations is still open, and the talks will continue." According to Iran's IRNA news agency, Araghchi said at the conclusion of the fifth round of indirect talks between Iran and the U.S. on Friday that a "better and clearer understanding" of each side's positions had been reached, and that both parties would convey the proposed ideas to their respective capitals for further review. He added, "This round was one of the most professional negotiations we have ever held, and we once again reaffirmed the positions and principles of the Islamic Republic of Iran regarding the talks." He stated, "Our positions are completely clear, and we adhere to them." The Foreign Minister emphasized that the American side now has a better and clearer understanding of Iran's positions, noting that during this round, the Omani Foreign Minister had attempted to propose solutions to remove existing obstacles and make progress. Araghchi said, "Our plan is to study these new solutions and proposals, which could pave the way forward while preserving the principles and positions of the Islamic Republic of Iran." Both sides are expected to present their views on these proposals and solutions before organizing and conducting the next round of negotiations. Referring to the ongoing talks, the Foreign Minister said, "The negotiations are so complex that they cannot be resolved in two or three meetings, but the fact that we are now on a reasonable track is progress in itself." Araghchi expressed hope that in future meetings, given the improved understanding of Iran's positions, solutions could be reached that would advance the negotiations. He said, "We have not reached that stage yet, but we are not discouraged either." He added, "Today, especially considering the discussions held and the solutions proposed by Oman to remove obstacles, there is potential for progress." Earlier in the day, Iranian Foreign Minister Abbas Araghchi and his accompanying diplomatic delegation arrived in Rome, Italy, to hold the fifth round of indirect talks with the United States. So far, Araghchi has held four rounds of talks (three in Muscat and one in Rome) with Stephen Witkoff, the U.S. special envoy for Iran under former President Donald Trump, indirectly and through the mediation of the Omani Foreign Minister. The delegation accompanying the Foreign Minister included Deputy Foreign Minister for Political Affairs Majid Takht-Ravanchi, Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi, Foreign Ministry Spokesman Saeed Khatibzadeh, and a number of diplomats and legal experts. Whatsapp Telegram Email Print more of (International)
