Business
Deyaar Convenes Annual General Assembly Meeting, Elects New Board and Approves 5% Dividend Distribution
Deyaar Development PJSC held its Annual General Assembly Meeting, chaired by Mr. Abdulla Ali Alhamli, marking a significant milestone in the company’s corporate governance for the year. The event was attended by members of the Board of Directors, shareholders, senior management, external auditors, and regulatory officials.
During the meeting, shareholders unanimously approved all agenda items, signaling strong confidence in Deyaar’s strategic direction and performance. One of the key outcomes of the assembly was the election of a new Board of Directors for the 2025–2028 term. The newly elected board members include:
In a further endorsement of the company's financial health, shareholders also approved a 5% dividend distribution, underscoring Deyaar’s commitment to enhancing shareholder value and reflecting the company’s strong financial results.
Deyaar continues to play a pivotal role in shaping the UAE’s real estate landscape through innovative and high-quality developments. The company remains aligned with the nation’s broader economic ambitions and is dedicated to delivering long-term growth and value for its stakeholders.