Press releases, Reports & Disclosures for Dubai Financial Market PJSC

The Dubai Financial Market (DFM) announced an adjustment to its DEYAAR Equity Futures Contracts following the approval of a cash dividend payment of AED 0.05 per share by DEYAAR shareholders. The adjustment will take effect on April 25, 2025, which is the ex-dividend date. The contracts affected include DEYAAR FUT for May, June, and July 2025. The price adjustment involves multiplying the previous day's settlement price by an adjustment ratio of 0.946524 to determine the new reference price for trading on April 25, 2025. Further details are available on the DFM website. The document notes that the information is subject to change and refers to the Dubai Financial Market Regulated Derivative Contract Trading Regulation for any inconsistencies.

Drake & Scull International (PJSC) invites its shareholders to the Annual General Assembly Meeting on April 25, 2025, at The H Dubai Hotel, Dubai. The agenda includes authorizing the meeting's secretary and vote collector, reviewing and approving the Board of Directors' and Auditor's reports for the financial year ending December 31, 2024, and discussing the balance sheet and profit and loss account. Shareholders will also consider the Board's proposals not to distribute dividends and recommendations on board remuneration. They will decide on absolving or holding the Board and auditors liable for the financial year ending 2024, appoint an auditor for the fiscal year ending 2023, and reclassify AED 479 million from the legal reserve to reduce accumulated losses. Additionally, they will approve a loan to Passavant Energy and Environment GmbH and amend the company's articles of association to align with new laws. Shareholders must register electronically to attend and vote, with options to participate in person or virtually. Proxies are allowed under specific conditions, and the meeting requires a quorum of at least 50% of the company's capital. Financial statements and governance reports are available on the company's and Dubai Financial Market's websites.

The Board of Directors of Islamic Arab Insurance Company (SALAMA) invites shareholders to attend the annual General Assembly meeting on Friday, April 25, 2025, at 3:00 PM. The meeting will be held at the company's headquarters in Dubai, with an option to participate remotely through virtual meeting technology. Shareholders will receive the meeting link via email, text messages, and the Dubai Financial Market website. The agenda includes appointing the meeting secretary and vote collector, reviewing and approving the Board of Director's report, the Auditor's report, and the internal Sharia Supervisory Committee report for the year ending December 31, 2024. Additionally, the agenda includes reviewing and approving the company's balance sheet and profit & loss account for the same period, and appointing members of the internal Sharia board of supervision, pending approval from the Central Bank.