FINANCIAL RESULTS

Qatar Navigation (Milaha) Q.S.C. held its Ordinary General Assembly meeting on March 15, 2017, during which the company’s audited financial results for the year ended 31 December 2016 were approved.

The General Assembly also ratified all the remaining items on the Agenda, including the proposal by the Board of Directors to distribute a cash dividend of 35% of par value, equivalent to QAR 3.5 per share. The General Assembly further approved the appointment of KPMG as external auditors for 2017.

• Turnover reaches AED 827 million, up 14.5 per cent
• Passenger traffic increases 12 per cent

Sharjah, UAE; May 12, 2014: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, announced today its financial results for the three months ending March 31, 2014, reflecting the airline’s solid financials, strong business model and broad customer base.