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Emirates Driving Company distributes 34% cash dividend for 2024
Emirates Driving Company distributes 34% cash dividend for 2024

Al Etihad

time13-03-2025

  • Automotive
  • Al Etihad

Emirates Driving Company distributes 34% cash dividend for 2024

13 Mar 2025 17:57 ABU DHABI (WAM) Emirates Driving Company, listed on the Abu Dhabi Securities Exchange (ADX), announced that its General Assembly, convened on March 11, 2025, approved a cash dividend distribution to shareholders for the fiscal year ended December 31, approved dividend is set at 34 percent of the company's share capital, amounting to a total of Dh183,164,256, equivalent to 17 fils per share, yielding a 6.25 percent return based on the closing price as of March 11, distribution is an extension of the company's consistent approach to providing rewarding returns to shareholders and distributing cash dividends over the company has maintained a stable policy of regularly and continuously sharing its successes with Board of Directors emphasised their commitment to further supporting the company's strategic direction and strengthening its financial and operational position by focusing on investment in modern technologies, Artificial Intelligence (AI), and human capital stressed the importance of integrating efforts between the executive management and the various business units to ensure the realisation of growth objectives and expansion into new and diverse sectors and activities. The Board members also commended the efforts made to solidify the company's leadership position in the driving education market for 25 years, and to fulfil its vision of creating a safe and responsible driving environment for the community.

Luna uses rare maneuver to try to force vote on allowing proxy voting for new parents
Luna uses rare maneuver to try to force vote on allowing proxy voting for new parents

Yahoo

time11-03-2025

  • Politics
  • Yahoo

Luna uses rare maneuver to try to force vote on allowing proxy voting for new parents

Rep. Anna Paulina Luna (R-Fla.) introduced a rare motion Monday seeking to force a vote on proxy voting after she struggled to balance the responsibilities of being a lawmaker and a new parent in the last legislative cycle. Her discharge petition for H.R. 164 is backed by 92 representatives but would need 126 additional signatures to cross the required threshold to force a vote on the legislation. Luna's initiative has bipartisan support, with signatures from Reps. Sarah McBride (D-Del.), Lucy McBath (D-Ga.), Byron Donalds (R-Fla.) and Dan Crenshaw (R-Texas) among others. The Florida representative filed a similar discharge petition during the 118th Congress, which only received six lawmakers signing off on the measure. 'No parent should have to choose between caring for their child, or recovering from childbirth, and fulfilling their duties in Congress to represent their constituents,' Luna said in a statement last year. 'Congress needs to get with the times. This bipartisan proposal is vital in promoting a pro-family Washington, where every American has a voice and the unwavering representation they deserve.' Her words were later echoed by Rep. Brittany Pettersen (D-Colo.), who also recently gave birth. Pettersen has long urged her colleagues to allow her to vote remotely. Last month, she went to the Capitol with her 6-week-old son in arm to vote on legislation including the GOP budget resolution. 'Unfortunately, Republican Leadership denied my ability to vote remotely after giving birth to my son, Sam, but that's not stopping us from showing up to vote NO on this disastrous budget proposal,' she wrote in a post on social platform X. Former Speaker Nancy Pelosi (D-Calif.) allowed proxy voting during the COVID-19 pandemic, which was criticized by Republicans due to concerns about the potential for frivolous absences. Rep. Tim Burchett (R-Tenn.) said some officials used proxy voting to attend fundraisers or go on vacations in the past, but he has signed on to support Luna's discharge petition. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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