By: Ramy Sameeh

Abu Dhabi – Mubasher: Waha Capital’s shareholders approved on Wednesday 20% cash dividends, equivalent to 20 fils per share, for fiscal year 2016.

Total dividend payout amounts to AED 389 million ($105.9 million) for FY16, according to Mubasher’s data.

The shareholders also approved the company’s general budget, and loss and profit statement for 2016.

Translated by: Julian Nabil