Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
The document is a set of FAQs regarding a voluntary conditional cash offer made by Al Wafir for Marketing Services K.S.C.C., a company based in Kuwait, to acquire up to 51% of the shares of UNIKAI FOODS PJSC. The offer is priced at AED 6.60 per share, which is a 7.84% premium over the last closing share price of AED 6.12 as of January 14, 2026. The offer is contingent on receiving valid acceptances for at least 50% plus one share of UNIKAI's issued share capital. If more than 51% of shares are tendered, acceptances will be scaled back on a pro rata basis. The offer will lapse if the minimum acceptance threshold is not met. Al Wafir's strategic rationale for the offer includes leveraging its expertise to lead UNIKAI through a transformation, modernizing operations, and supporting long-term growth.
On January 21, 2026, a notification was issued regarding a Circular Resolution by the Board of Directors of the National Central Cooling Company PJSC ("Tabreed"). This resolution, in accordance with Article 36/7 of the Disclosure and Transparency Regulations Number 3 for the Year 2000 (as amended), announced the appointment of Dr. Yousif Al Hammadi as the interim Chief Executive Officer of Tabreed until further notice. The communication was addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The letter was signed by Sean Magee, the Company Secretary.
The Commercial Bank of Dubai PSC, licensed by the Central Bank of the UAE, held a Board of Directors meeting on January 21, 2026. The meeting approved the minutes from the previous meeting on December 10, 2025, and the financial statements for the year ending December 31, 2025. The annual general assembly meeting for the bank's shareholders is scheduled for February 25, 2026, at the bank's head office in Dubai, with an option to attend virtually. The agenda includes the approval of a cash dividend distribution of 50% of the net profit for 2025, equivalent to 58.62% of the paid-up capital as of December 31, 2025, totaling AED 1,749,919,520.50. The meeting's outcomes are subject to necessary approvals from various authorities.
The Board of Directors of Emirates NBD Bank (P.J.S.C) is scheduled to meet on Monday, January 26, 2026, at 3:00 pm. The agenda includes approving the minutes of the previous board meeting, reviewing the consolidated financial statements of Emirates NBD Group for the year ending December 31, 2025, in both English and Arabic, and discussing normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank. A copy is also sent to the Securities & Commodities Authority.
Mashreqbank PJSC held a Board of Directors meeting on January 21, 2026, at 11:00 am. During the meeting, the board discussed and approved several agenda items, including the minutes from the previous meeting held on December 11, 2025, and other topics related to the bank's business activities. The communication is addressed to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market, and is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy of the communication has been sent to the Securities & Commodities Authority.
The Commercial Bank of Dubai PSC has released its group consolidated financial statements for the year ending December 31, 2025. These audited statements are pending approval from the Central Bank of UAE and adoption by shareholders at the Annual General Meeting.