Press releases, Reports & Disclosures for Dubai Financial Market PJSC

Mashreq Bank P.S.C. is inviting its shareholders to attend the annual General Assembly meeting on February 27, 2025, at 10:00 am UAE time. Shareholders can attend in person at the bank's headquarters in Dubai or virtually via a link sent after registration. The agenda includes authorizing the appointment of a meeting secretary and vote collector, reviewing and approving various reports and financial statements for the year ending December 31, 2024, approving cash dividends, and discharging liability for board members and auditors. The meeting will also address special resolutions related to issuing non-convertible securities and updating financial programs. Shareholders must register electronically to vote, and proxies can be appointed under certain conditions. If quorum is not met, a second meeting will be held on March 4, 2025. Dividends will be distributed through the Dubai Financial Market, and shareholders are encouraged to update their contact information. The meeting will be recorded, and shareholders can access financial statements and governance reports online.

The Board of Directors of Ajman Bank (PJSC) invites shareholders to the Annual General Meeting at Ajman Saray Hotel on February 27, 2025, at 12:00 PM, which can be attended in person or electronically. The agenda includes reviewing and approving reports from the Board, external auditors, and the Internal Shari’ah Supervisory Committee for the financial year ending December 31, 2024. The meeting will also cover the bank's financial statements, a proposal to distribute cash dividends at 7.25% of capital, Board remuneration, discharging the Board and auditors from liability, appointing the Internal Shari’ah Supervisory Committee and auditors for 2025, and a special resolution to establish a USD 1.5 billion Sukuk Issuance Programme. Shareholders can attend in person or remotely, and proxies are allowed with certain restrictions. Shareholders registered by February 26, 2025, can vote, and those registered by March 10, 2025, are entitled to dividends. If the meeting lacks a quorum, a follow-up meeting is scheduled for March 6, 2025. Additional details and documents are available on the Dubai Financial Market and Ajman Bank websites.

Emirates NBD Bank has announced that its 18th general assembly meeting will take place at the Meydan Hotel in Dubai and online at 4:00 PM on Monday, February 24, 2025. The meeting will address and potentially approve a series of resolutions. These include approving the Board of Directors' report on the bank’s activities and financial statements for 2024, the external auditor's report, and the Internal Shari’ah Supervision Committee's report. Additionally, the meeting will consider approving the audited balance sheet and profit and loss account, the distribution of cash dividends of AED 1 per ordinary share totaling AED 6,316,598,253, the remuneration for the Board, and absolving the Board members from liability for their work in 2024.

The 49th general assembly meeting of Emirates Islamic Bank (Public Joint Stock Company) is scheduled for Monday, February 24, 2025, at 3:30 PM at Meydan Hotel, Dubai, and online. The meeting will consider and potentially pass resolutions 1-11 as ordinary resolutions and 12-13 as special resolutions. The ordinary resolutions include approving the board of directors' report on the bank's activities and financial statements for the year ending December 31, 2024, the external auditor's report, the Internal Shari’ah Supervision Committee's report, the audited balance sheet and profit and loss account, the board's remuneration, and the board's recommendation not to distribute dividends to shareholders, with justifications provided. Additionally, the meeting will consider absolving the board members from liability for their work during the year ending December 31, 2024.

The document provides the expiry settlement price for Micro GME Oman Crude Oil Futures contracts expiring in February 2025. The contract with series code OMOIL J25 has an expiry settlement price of 78.56 USD and the contract ID is OIL2102 25001. This information is announced by the Dubai Financial Market and can be accessed on their website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.

The weekly trading summary for Dubai Financial Market (DFM) Regulated Short Sell (RSS) transactions from February 17 to February 21, 2025, reported no RSS trades during this period. For more information on RSS, refer to the DFM Market Rules and the Operational Model for Regulated Short Selling available on the DFM website. The announcement is also accessible on the DFM website. The document includes a disclaimer stating that the information is subject to change and DFM is not liable for any losses resulting from the use of the data provided.