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du appoints new chairman; approves AED 0.15/shr dividends

du appoints new chairman; approves AED 0.15/shr dividends
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DU
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Dubai – Mubasher: The board of Emirates Integrated Telecommunications Company (du) has appointed Mohamed Hadi Al Hussaini as the company’s chairman, during the meeting held on 25 March.

Meanwhile, Sara Musallam has been appointed as Vice-Chairperson, while Ahmad Julfar has been reappointed as Managing Director, according to the company’s disclosure to the Dubai Financial Market (DFM).

In addition, the company’s annual general meeting has approved the Board of Directors' recommendation to distribute cash dividends to shareholders for the second half (H2) of the year 2020.

Dividends will be distributed at AED 0.15 per share, bringing the total dividends paid last year to AED 0.28 per share.