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To promote a spirit of openness with our shareholders, Yemen Mobile has proudly announced on Thursday,31May 2018, the revenues of 2017 with an increase of 30% which is considered the highest dividend distributed in the Yemeni marketplace at 150 riyals per share, which will be distributed on a date determined o the following week.
At the ordinary general assembly 11th meeting, the minister of Information & Communications Technology Eng. Misfer Abdullah Al-Nimeer has confirmed that the ministry is interested in all local mobile phone companies, especially Yemen Mobile as a lead company. He pointed out that Yemen Mobile has achieved a remarkable success over the past years, and clarified ” The company is currently achieving success with its services and overcoming many difficulties through all of the continued and current aggression and siege.
Besides, he commended the efforts of the Board of Directors, the Executive team, the shareholders, and all the participants towards achieving the success that reached the leadership in the telecommunications market.

Moreover, the minister of Communications mentioned in his speech the deliberate destruction and acts of vandalism of the outside aggression targeting the infrastructure of the telecom sector and the fiber optic cables, and said “ Those outside forces are working to weaken the national telecommunications sector by their aggressive acts in order to bring their
telecommunications investments in to Yemen and plunder our resources”
In addition, the Chairman of the Board Essam Al-Hamli, mentioned that over the passage of the last 13 years , Yemen Mobile delivered solid improvements in its financial performance, that’s, it has achieved a steady growth in revenues coupled with the growing number of the subscribers ,and, the increasing of the market share, all put the company in a privileged position..
He clarified that the company has the capacities needed to meet the challenges posed by the rapid development of information and communication technology. Moreover, Mr.Essam pointed to the strength of the financial position of the company and its market value as revenues reached more than 99 billion riyals with a growth of 19.57 percent than the previous year. In addition, the number of the subscribers has increased to six million by the end of 2017, that’s, one million subscribers more than the previous year.
Moreover, the chairman pointed out that the Board of Directors has recommended that the distribution of dividends should be 30% of the share; 150 riyals per share.
He noted that the company adopts strategic initiatives to expand the network and maintenance of the sites which has been targeted by the outside aggression in different provinces, and work to distribute the areas of investment in order to ensure the increase of profits and the shareholders’ revenues. Also,the company follows the right methods in order to attract new subscribers through providing new offers that meet the needs of all subscribers.
He added that the company is pursuing the role of the social responsibility to be an integral part of Yemen Mobile's identity as it is considered one of the leading companies in Yemen..
In this regard, Mr.Essam noted that the company has social contributions in the fields of health care, education ,and in sponsoring the social and humanitarian projects and the university graduates ceremonies and training.
The General Assembly members listened to the report of the Board of Directors, , also read the financial statements of the company and ratified it ,also, they approved the distribution of profits as proposed by the Board of Directors.

The meeting was attended by the Deputy Minister of Communications and Information Technology Musleh Al-Azir ,the General Director of PTC, Eng. Sadik Mosleh, the CEO of TeleYemen Mr. Ali Naji Nassari, CEO of Yemen Mobile, Eng. Amer Hazza.

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