Press releases, Reports & Disclosures for Watania International Holding PJSC

Watania International Holding (PJSC) has released its unaudited condensed interim consolidated financial information for the period ending 31 March 2025.

On 14 May 2025, Watania International Holding (PJSC) held a Board of Directors meeting starting at 3:30 PM. During the meeting, the board approved the financial statements for the first quarter ending 31 March 2025 and discussed routine business matters. The meeting details were signed by Nawal Ma’ally, the Board Secretary, on 15 May 2025, and the company's seal was applied.

On 9 May 2025, Watania International Holding (PJSC) issued a notice for a Board of Directors meeting scheduled for Wednesday, 14 May 2025, at 3:30 PM. The agenda includes reviewing and endorsing the financial statements for the first quarter ending on 31 March 2025, along with routine business discussions. The notice is authorized by Nawal Ma’ally, the Board Secretary.

On April 29, 2025, Watania International Holding (PJSC) held a Board of Directors meeting at 2:00 PM. Dr. Ali Saeed Sultan Bin Harmal Aldhaheri was elected as Chairman, and Mr. Matar Hamdan Sultan Al Ameri as Vice Chairman. The Board formally approved the constitution and appointment of its committees. Mrs. Nawal Saleh Ahmed Ma’ally was appointed as the Secretary to the Board of Directors. Routine business matters were discussed during the meeting. The document was signed by Nawal Ma’ally, the Board Secretary, on the same date, and bears the company's seal.

The Board of Directors meeting for Watania International Holding (PJSC) is scheduled for Tuesday, April 29, 2025, at 2:00 PM. The agenda includes the election of the Chairman and Vice Chairman, the constitution and appointment of board committees, the appointment of the Board Secretary, and routine business discussions. The authorized signatory is Nawal Ma’ally, the Board Secretary, with the document signed and dated April 24, 2025.

The General Assembly Meeting of Watania International Holding (PJSC) took place on Wednesday, 23 April 2025, from 2:00 PM to 2:45 PM at the 13th Floor, Building 2, The Galleries, Jebel Ali Downtown, Dubai, UAE, and via electronic means. Dr. Ali Saeed Bin Harmal Aldhaheri chaired the meeting. The quorum was 80.02%, with all attendance being through proxy and electronic voting. The assembly approved the Board of Directors' report on the company's activities and financial position, the Auditor's report, and the company's balance sheet and profit and loss account for the fiscal year ending 31st December 2024.

The Dubai Financial Market has been informed by Watania International Holding PJSC that the nomination period for their Board of Directors concluded on April 11, 2025. The Nominations and Remuneration Committee has reviewed and approved the candidates for the Board positions. The election of new Board members will occur during the General Assembly meeting on April 23, 2025. The candidates are Dr. Ali Saeed Sultan Bin Harmal Aldhaheri, a non-executive, non-independent member from the UAE, and Mr. Matar Hamdan Sultan Al Ameri, a non-executive, independent member from the UAE.

Watania International Holding PJSC has announced the opening of nominations for its Board of Directors. The nomination period will run from April 2 to April 11, 2025. Eligible individuals and shareholders are invited to apply by submitting their applications via the company's official email. Applications must include a candidate profile and specify the desired membership category (Executive, Non-Executive, or Independent Member). Seven board members will be elected, in line with the company's Articles of Association. Candidates must meet eligibility criteria outlined in relevant laws and regulations. The nomination period is ten days, and applications must comply with specific document requirements. Once the nomination period closes, candidates cannot transfer their nominations. The list of candidates will be published on the company's website on April 14, 2025, and shared with the Securities and Commodities Authority and the Dubai Financial Market.

The Board of Directors of Watania International Holding (PJSC) invites shareholders to attend the company's Annual General Assembly Meeting on Wednesday, April 23, 2025, at 2:00 pm. The meeting will be held at the 13th Floor, Building 2, The Galleries, Jebel Ali Downtown, Dubai, UAE, and will be available in a hybrid format, allowing participation in person or via video conferencing with electronic voting through www.smartagm.ae. The agenda includes approval of the Board and Auditor's reports, discussion of the company's financial statements, consideration of a recommendation not to distribute dividends, approval of Board remuneration, discharge or dismissal of Board members and auditors, appointment of external auditors for 2025, and election of the Board of Directors for the 2025-2028 term.