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ADNIC shareholders to get $54mln dividends as UAE insurer's profits rise 30%

UAE insurer Abu Dhabi National Insurance Company  is set to distribute 199.5 million dirhams ($54 million) in cash dividends for 2020 after posting a 30.5 percent full-year net profit.  The payout, approved at the general assembly on Monday, is equivalent to 35 percent of the share nominal value, the company…

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