Skip to main content

icnlive

Menu

ICN.live

Fatima Al-Nouri

Make us preferred on Google

  • 3 min read
  • Salik’s AED1.55 billion profit lifted annual earnings and supported a larger cash return for investors.
  • Net income increased 33.4 percent year on year, showing stronger operating performance across 2025.
  • Salik shareholders approved a second-half dividend worth AED890.3 million during the annual meeting.
  • The declared payout equals AED 0.118 per share, including second-half profit and exceptional gains.

Salik reported strong momentum across its business during 2025, supported by steady toll crossing activity. The company remains the exclusive operator managing Dubai toll gates across major commuting routes. Those assets give Salik direct exposure to daily travel demand across the wider emirate network. Higher usage and disciplined operations helped lift earnings without placing extra pressure on operating costs. Management presented the annual report during the General Assembly meeting led by Mattar Al Tayer. Chief Executive Ibrahim Al Haddad attended the session with board members and company representatives.

The assembly ratified the board report and financial statements for the fiscal year ending 2025. That formal approval gave investors a clearer picture of performance and cash distribution plans. Salik also reinforced its status as a transport-linked stock with steady local revenue exposure. Many regional investors value such businesses because demand often follows daily movement patterns in Dubai.

Salik’s AED1.55 billion profit shows why investors keep watching this stock

Salik’s AED1.55 billion profit also reflects a business model linked closely with Dubai traffic growth. As road movement rises, toll collections often follow, supporting stable, recurring revenue generation for Salik. This pattern matters for income-focused investors seeking predictable cash flow from listed companies. The declared payout covers the full second-half profit of AED782.5 million reported today.

It also includes AED107.8 million in exceptional profits added to the total distribution amount. Such a move signals confidence in cash strength and capital allocation discipline for management today. Salik shareholders, therefore, receive both operating earnings and extra gains within one payment cycle. From my standpoint, this result strengthens Salik’s dividend appeal for yield-focused regional investors. Income investors often study payout consistency before increasing exposure to transport-related stocks in Dubai.
These figures give them a cleaner basis for judging future return potential and stability.

A larger payout gives investors a direct reason to watch future results

Salik dividend details also carry a wider meaning for sentiment in Dubai equity markets today. A full profit distribution often draws attention from investors seeking regular income opportunities locally. The size of this payment suggests management sees enough resilience in near-term earnings. That message often supports confidence during periods when investors compare payout quality levels carefully. Income visibility matters because listed transport businesses rarely offer rapid growth and strong yields together.
Salik appears to offer both traits while keeping a simple operating structure intact today. The market will also monitor future toll crossings for signs of continued earnings support. Any steady rise in commuting volumes would help protect revenue quality during 2026 for Salik.

What investors should watch after this Salik dividend announcement

Salik’s AED1.55 billion profit gives the company stronger visibility with analysts following regional infrastructure plays. Investors will now watch whether future toll activity keeps matching recent expansion trends closely. They will also track any policy changes affecting traffic flows or route usage patterns. Dubai traffic growth still looks central because higher road movement supports core revenue directly. The present numbers place Salik in a stronger position entering the new fiscal period. For readers, the main takeaway is simple: profit rose sharply, and payouts followed quickly.

TAGS
  • Business, Government, Revenue, Salik, UAE

EXPLORE MORE ON:

TechAICapitalPoliticsBankingHealth
ADNOC Umm Shaif Gas Cap
UAE

ADNOC Umm Shaif Gas Cap Gets $6.2 Billion Go-Ahead for 2030 Gas Startup

The ADNOC Umm Shaif Gas Cap has moved from a plan to a funded project, with a $6.2...
By Fatima Al-Nouri3 min read
China moves against Hormuz's oil price shocks
EVs

China moves against Hormuz’s oil price shocks with electric taxi power

China moves against Hormuz’s oil price shocks by leaning on a growing electric taxi fleet. Across big cities,...
By Yousef Haddad3 min read
Dubai's total diamond trade
diamonds

Dubai’s total diamond trade reached a new all-time high at $41.7 billion

Dubai’s total diamond trade reached a new all-time high during 2025 across every major category. Official figures from...
By Mariam Al-Yazidi4 min read
Meta AI infrastructure to Anthropic
  • META

The prospect of renting Meta AI infrastructure to Anthropic points to a fresh revenue line for the social media company, and it could reach anyone who uses AI tools built on that capacity. Meta and Anthropic are in early talks, a source familiar with the discussions confirmed to CNN. The New York Times reported the potential Meta-Anthropic compute deal first, pegging its value at up to $10 billion over two years and citing three people with knowledge of the talks. CNN’s source said any specific numbers already reported are speculative.

The discussions are preliminary. Reuters reported Anthropic proposed the arrangement in June, with monthly payments over two years and an early exit for either side. Nothing is signed. Terms can still change. Meta and Anthropic declined to comment.

What the deal would mean for Meta

A move to lease Meta AI infrastructure to Anthropic would open a Meta cloud computing business, a line the company has never run before. That would place it against Amazon, Microsoft and Google, the three firms that dominate cloud today. For a company whose returns come almost entirely from advertising, an AI compute lease turns idle servers into cash.

The spending backdrop explains the interest. Meta said it plans to spend between $125 billion and $145 billion this year, most of it on data center buildout. That could roughly double the prior year. Investors have pressed Meta on its AI infrastructure spending, and its shares are down more than 8% from a year ago.

Zuckerberg has hinted at this path before. At Meta’s annual shareholder meeting in May, he said outside companies approach almost every week asking to buy compute “at some premium to what we’ve bought it at.” Meta held off, he said, because it still had a use for the capacity. If it overbuilds, leasing becomes an option.

Why Anthropic wants more compute

Anthropic Claude compute demand keeps climbing, and the company cannot add capacity fast enough on its own. It already holds multibillion-dollar compute deals with Google, SpaceX, Microsoft and Amazon. Adding Meta would give it another supplier as it works to keep Claude running for a growing user base.

The setup is unusual. Meta builds its own AI models and competes with Anthropic on features. Under this arrangement, it would also become Anthropic’s supplier for computing power. The compute shortage has made that kind of rival-to-rival deal routine across the industry.

What it means for you

Here is the ripple. When an AI lab adds compute, users tend to feel it. More capacity can mean looser usage limits, faster responses and steadier access to advanced models. If the plan to rent Meta AI infrastructure to Anthropic closes, Claude users could see those gains over time. If it falls apart, the pressure on Anthropic’s capacity stays.

Meta is chasing bigger AI returns on other fronts too. Last month it released an upgraded Muse Spark model it said could rival the coding tools from OpenAI, Anthropic and others. For the first time, Meta offered a paid version, another signal it wants more money back from its AI push.

The prospect of renting Meta AI infrastructure to Anthropic sits at the center of that shift. Watch whether talk turns into a signed contract.

  • 3 min read
FAB Launches the Emirati Jaywan Debit Card
  • Press Release

FAB launches the Emirati Jaywan Debit Card, and the country now has a homegrown card sitting inside its biggest bank. The card is live for domestic use. It runs on the UAE national card scheme, the local rails managed by Al Etihad Payments and backed by the Central Bank of the UAE. First Abu Dhabi Bank is the largest lender in the country by assets. So this reads as a real signal, not a pilot.

What the Jaywan debit card does

Here is what you get. The Jaywan debit card handles everyday payments and cash access across the UAE. Tap or dip at local merchant outlets. Online, it works on UAE-based platforms. ATMs nationwide handle cash withdrawals. The card also links to digital wallets through tokenised wallet integration, so your card details get swapped for a secure token on supported devices.

Security sits at the core. The card uses Chip and PIN for in-person buys and 3D Secure authentication online. Your four-digit PIN confirms you are the real cardholder at the till. For a domestic scheme handling millions of daily taps, this layer counts.

Why FAB launches the Emirati Jaywan Debit Card now

Timing tells the story. FAB launches the Emirati Jaywan Debit Card as the national rollout moves from plan to practice. The card is integrated with the FAB Mobile app, so you manage it where you already bank. You watch transactions, handle your account, and run digital servicing from one screen. Al Etihad Payments built Jaywan to localise card payments and cut transaction costs. Keeping this flow inside UAE borders also strengthens national data sovereignty, a point FAB made plainly.

Two names carried the message. Futoon Al Mazrouei, Group Head of Personal, Wealth and Business Banking at FAB, tied the card to trust and customer focus inside the UAE’s financial system. Andrea Ciancetti, Chief Products Officer at Al Etihad Payments, called the FAB launch “a critical milestone for the roll-out of the scheme,” and thanked the bank for making Jaywan real for people nationwide.

How to get the Jaywan debit card

Getting one is simple if you already bank with FAB. Apply through the FAB Mobile app or at a FAB branch. No account with the bank yet? Open an eligible one first, then apply. Elite and Private Banking clients can go through their relationship managers. FAB has not disclosed fees, account tiers, or rewards, so check those points before you commit.

Jaywan is bigger than one card. The scheme, launched in 2024, is the first UAE national card scheme, built to localise payments and lower costs for merchants and banks. First Abu Dhabi Bank is one of the early issuers, with other lenders lining up prepaid and debit products over the coming months. Al Etihad Payments has also signed global networks for co-badged cards, so travel use can follow the domestic base. For now, the FAB card stays inside UAE borders.

IMPORTANT: CONTENT SUBMITTED BY THE CLIENT. THIS IS A PRESS RELEASE ARTICLE. PLEASE READ THE INFORMATION BELOW.

ICN.live neither validates nor guarantees the accuracy, reliability, or quality of the information, promotional materials, or products mentioned herein. Readers are encouraged to conduct independent due diligence before making any decisions related to the featured company. ICN.live bears no responsibility, directly or indirectly, for any harm, loss, or consequences that may result from reliance on or interaction with the content, services, or offerings described in this release.

The details shared in this announcement do not constitute financial, trading, or investment guidance. Readers are strongly advised to carry out independent research and seek advice from a qualified financial professional before making any investment or cryptocurrency-related decisions.

  • 4 min read
ADNOC Umm Shaif Gas Cap
  • UAE

The ADNOC Umm Shaif Gas Cap has moved from a plan to a funded project, with a $6.2 billion final investment decision now signed. ADNOC will develop the offshore field alongside TotalEnergies, Eni and China National Petroleum Corporation. The deal carries a headline figure of AED22.6 billion. It targets first output by 2030.

What the ADNOC Umm Shaif Gas Cap deal delivers

The development will add more than 600 million standard cubic feet per day of natural gas and associated gas liquids. That equals close to 10 percent of what the UAE burns in a day right now. For a country holding the world’s seventh-largest gas reserves, the math matters. Rising UAE natural gas production feeds homes, factories, and the power-hungry data centres behind artificial intelligence growth. You can read this as a bet on demand staying strong.

The Umm Shaif Gas Cap FID sits inside a wider push. ADNOC has been expanding its liquefied natural gas reach and firming up UAE energy security at the same time. Global demand for lower-carbon gas keeps rising, which raises the stakes. Both goals point the same direction.

Who is building it and how

Contracts back up the ambition. ADNOC awarded three engineering, procurement and construction packages worth a combined $5.1 billion, or AED18.8 billion. Consortiums of UAE and international contractors won the work, which covers large-scale offshore infrastructure. A separate $365 million programme, AED1.3 billion, funds 14 wells. ADNOC Drilling will run that campaign over 18 months using three rigs it already owns. No new rigs join the field.

Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, tied the move to the company’s broader plan. “The Umm Shaif Gas Cap FID is another important milestone in delivering this strategy and reinforcing ADNOC’s position as a reliable gas supplier,” he said. Umm Shaif is Abu Dhabi’s longest-operating offshore field, so this builds on decades of work.

The field runs deep in the emirate’s history. It hosted Abu Dhabi’s first offshore well and fed the emirate’s first oil exports back in 1962. Six decades on, it now anchors a gas plan aimed at near self-sufficiency by 2030.

The bigger gas play

This Abu Dhabi offshore gas project does not stand alone. The ADNOC Umm Shaif Gas Cap follows a concession award for the Bab Gas Cap from the Supreme Council for Financial and Economic Affairs. That field is expected to add another 1.5 billion standard cubic feet per day of gas and liquids. Stack the two, and the supply picture grows fast.

There is a trading side too. A new ADNOC LNG platform now sits in Abu Dhabi Global Market. The venture is chasing 47 million tonnes per annum of marketable LNG capacity by 2035. That scale would place it among the largest LNG traders anywhere. The ADNOC Umm Shaif Gas Cap fits neatly into that goal, feeding molecules into a growing export machine.

My read: the ADNOC Umm Shaif Gas Cap is Abu Dhabi buying insurance and market share at once. Demand for reliable, lower-carbon gas keeps climbing, and ADNOC wants to be the name buyers trust when they place long orders. The 2030 timeline gives partners room to build. Watch the drilling pace over the next 18 months for the first real signal.

  • 3 min read
Load More News

Share this post

on your favourite social platforms

or copy the link