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2026-07-08T07:58:41.420Z

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Barclays expands presence in Asia

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18 Hrs2026-09-04T10:29:00.000Z
Barclays expands presence in Asia

Syrian dollar rate on September 4, 2026

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19 Hrs2026-09-04T09:06:00.000Z
Syrian dollar rate on September 4, 2026

Trump's pick for U.S. military chief

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22 Hrs2026-09-04T05:42:00.000Z
Trump's pick for U.S. military chief

80 migrants die in Canary Islands boat sinking

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23 Hrs2026-09-04T05:09:00.000Z
80 migrants die in Canary Islands boat sinking

Egypt plans $3 billion bond issuance

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
23 Hrs2026-09-04T05:03:07.000Z
Egypt plans $3 billion bond issuance
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Akwa adopts profit distribution program and recommends 352.6 million riyals dividend for 2025

Akwa adopts profit distribution program and recommends 352.6 million riyals dividend for 2025

Aqua, a company specializing in renewable energy and water desalination in Saudi Arabia, announced that its Board of Directors has approved a dividend distribution program for the period from 2026 to 2030. The program includes distributing a minimum of 30% of the annual net profits to shareholders. The program will be implemented starting from 2027 and will encompass distributions in the form of cash dividends and bonus shares, with a commitment that cash distributions will not be less than 50% of the total distributions. Additionally, the company recommended distributing 352.6 million Riyals as profits for the year 2025, equivalent to 0.46 Riyal per share, representing a payout ratio of 4.6% of the share's nominal value.

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