Latest news with #Dh4.8
Al Etihad
12-03-2025
- Business
- Al Etihad
Borouge annual dividend yield at 6.7%, offering strong investor returns
10 Mar 2025 10:34 ABU DHABI (WAM) The annual dividend for Borouge, a leading petrochemicals company, reached 6.7 percent based on the closing price on March 7, offering strong investor returns and reinforcing the company's attractive dividend financial results for 2024 underline the company's resilience and profitability, with net earnings of Dh4.5 billion, marking a 24 percent year-on-year company also reported an industry-leading EBITDA margin of 41 percent, further cementing its reputation as one of the most efficient and profitable players in the petrochemicals of Borouge are expected to approve an Dh2.4 billion cash dividend for the second half of 2024 at the company's upcoming Annual General Meeting (AGM) on 7th April 2025. This final payment will bring Borouge's total dividends for the year to Dh4.8 billion, reinforcing its position as an attractive investment opportunity in the seeking eligibility for the final dividend must hold Borouge shares by 15th April 2025, with payments set for distribution on April 28, CEO, Hazeem Sultan Al Suwaidi, said, 'This is an exciting time for Borouge shareholders, as the company continues to deliver strong dividends, underscoring our commitment to driving value for our shareholders. With a solid business model and continuous innovation, Borouge remains a strong contender for investors looking for value opportunities.'Beyond its strong dividend profile, Borouge's growth trajectory is poised to accelerate following the recently announced merger of Borouge and OMV's Borealis to create Borouge Group International and the acquisition of NOVA Chemicals. This consolidation will create the world's fourth-largest polyolefins company, valued at Dh220+ billion ($60 billion), significantly enhancing Borouge's global newly formed Borouge Group International is expected to benefit from a higher dividend payout, expanded market access, advanced technological capabilities, and complementary product lines. With commercial and manufacturing operations spanning North America, Europe, Asia, the Middle East, and Africa, Borouge Group International presence in the global petrochemicals industry is set to strengthen, offering further opportunities for growth and value creation.
Mid East Info
28-01-2025
- Business
- Mid East Info
Reputation House Achieves 15M+ AED Revenue for FY2024, Secures 300% Growth within a Year - Middle East Business News and Information
A Dubai-based startup excelling in the reputation management industry has achieved the impressive milestone of almost tripling its revenue this year Positive performance and growth for the fiscal year 2024 have been declared by Reputation House, one of the leading reputation management agencies in the UAE. The agency's revenue has rocketed by 300%, reaching $4.1 million (~Dh15 million) this year. Last year, the annual revenue reached $1.3 million (Dh4.8 million). The agency has demonstrated success in providing reputation management services across the Middle East and North Africa, the USA, and European markets. Most clients (approximately 70%) came from the corporate sector, followed by high-profile individuals and personal brands, which accounted for 20%. The remaining 10% comprised industries such as financial institutions, real estate, pharmaceuticals, and service agencies. In 2024, the agency also secured contracts with representatives from government organizations in five countries. In 2024, Reputation House became the most titled reputation agency in the UAE with 5 international business awards in eight prestigious categories, including the following: American Business Awards (Stevie® Award): Gold Stevie® Award for the Best Use of Artificial Intelligence and Machine Learning through its Reputation House App Silver Stevie® Award for the Innovation of the Year for Business Service Industries Globee® Awards for American Business: Gold Globee® Award for Customer Insights Achievement (Use of AI) World Business Outlook Awards: Most Trusted Online Reputation Agency UAE 2024 Best One-stop Online Reputation Management Solutions Provider UAE 2024 Africa Fintech Forum Awards: The Most Innovative Customer Service Technology of the Year Best Data Analytics Platform Global Recognition Award 2024: Award for remarkable achievements in the field of online reputation management. ' For Reputation House, 2024 was a year of transformation. Our standing as a leader in reputation management has been confirmed by our dedication to innovation and providing outstanding outcomes for our clients. We are committed to helping companies everywhere establish credibility and trust in the digital era as we enter new markets and cultivate strategic alliances ,' says Dima Raketa, CEO of Reputation House. Reputation House continues to push the boundaries of innovation and excellence in online reputation management, remaining steadfast in its commitment to empowering individuals, businesses, and governments to shape positive digital narratives and succeed in the digital age. Reputation House is well-known for its innovative use of AI and digital tools, making it a leading company on the online reputation market. The company specializes in providing businesses and individuals with solutions to protect, enhance, and manage their digital reputations. Its services include advanced organization reputation management, digital PR, SERM, and analytics, providing a comprehensive, one-stop solution for clients looking to maintain a strong online presence. With a proven track record of success, Reputation House has become a trusted partner for clients across a range of industries not only in the UAE but globally.
Zawya
28-01-2025
- Business
- Zawya
Reputation House achieves 15mln+ AED revenue for FY2024, secures 300% growth within a year
Positive performance and growth for the fiscal year 2024 have been declared by Reputation House, one of the leading reputation management agencies in the UAE. The agency's revenue has rocketed by 300%, reaching $4.1 million (~Dh15 million) this year. Last year, the annual revenue reached $1.3 million (Dh4.8 million). The agency has demonstrated success in providing reputation management services across the Middle East and North Africa, the USA, and European markets. Most clients (approximately 70%) came from the corporate sector, followed by high-profile individuals and personal brands, which accounted for 20%. The remaining 10% comprised industries such as financial institutions, real estate, pharmaceuticals, and service agencies. In 2024, the agency also secured contracts with representatives from government organizations in five countries. In 2024, Reputation House became the most titled reputation agency in the UAE with 5 international business awards in eight prestigious categories, including the following: American Business Awards (Stevie® Award): Gold Stevie® Award for the Best Use of Artificial Intelligence and Machine Learning through its Reputation House App Silver Stevie® Award for the Innovation of the Year for Business Service Industries Globee® Awards for American Business: Gold Globee® Award for Customer Insights Achievement (Use of AI) World Business Outlook Awards: Most Trusted Online Reputation Agency UAE 2024 Best One-stop Online Reputation Management Solutions Provider UAE 2024 Africa Fintech Forum Awards: The Most Innovative Customer Service Technology of the Year Best Data Analytics Platform Global Recognition Award 2024: Award for remarkable achievements in the field of online reputation management. " For Reputation House, 2024 was a year of transformation. Our standing as a leader in reputation management has been confirmed by our dedication to innovation and providing outstanding outcomes for our clients. We are committed to helping companies everywhere establish credibility and trust in the digital era as we enter new markets and cultivate strategic alliances," says Dima Raketa, CEO of Reputation House. Reputation House continues to push the boundaries of innovation and excellence in online reputation management, remaining steadfast in its commitment to empowering individuals, businesses, and governments to shape positive digital narratives and succeed in the digital age. Reputation House is well-known for its innovative use of AI and digital tools, making it a leading company on the online reputation market. The company specializes in providing businesses and individuals with solutions to protect, enhance, and manage their digital reputations. Its services include advanced organization reputation management, digital PR, SERM, and analytics, providing a comprehensive, one-stop solution for clients looking to maintain a strong online presence. With a proven track record of success, Reputation House has become a trusted partner for clients across a range of industries not only in the UAE but globally. To learn more about Reputation House, visit:
