ALEC Holdings PJSC (ALEC)

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News

25 March 09:17 AM ALEC Holdings’ AGM nods for higher dividends amid expansion in UAE, KSA

Dubai - Mubasher: The annual general meeting (AGM) of ALEC Holdings passed, on 24 March, the distribution of cash dividends at a rate of 36.40% of the net profits registered at the end of 2025. The DFM-listed company will disburse AED 250 million, …

General Assembly

16 October 2025 06:44 AM ALEC Holdings’ debut on DFM marks UAE’s largest-ever construction sector IPO

Dubai - Mubasher: The Dubai Financial Market (DFM) welcomed the listing of ALEC Holdings, marking the UAE’s largest-ever initial public offering (IPO) in the construction sector, by both valuation and size. Being the first in the sector in over 15 …

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