Latest Threads on News from companies

The Board of Directors of Orient Takaful Company (PJSC) invites shareholders to attend the Annual General Meeting on April 28, 2025, at 11 am, either in person at Al Futtaim Building, Dubai, or remotely via MS Teams. The agenda includes reviewing and approving the Directors' and Auditors' Reports, the Balance Sheet, and the Profit and Loss account for the financial year ending December 31, 2024. The Board recommends not distributing dividends for 2024. The meeting will also review the Internal Sharia'ah Supervisory Committee's report, appoint its members for 2025, approve the Corporate Governance Report, and discharge the Board and External Auditors from liability for 2024. Additionally, an auditor for 2025 will be appointed, transactions with related parties will be approved, and a new Board member, Mr. Fadi Sabah Ghaleb El Masri, will be nominated. Shareholders can delegate proxies to attend on their behalf, with specific conditions outlined. Voting rights are reserved for shareholders registered by April 25, 2025.

Alliance Insurance PSC's Board of Directors invites shareholders to the Annual General Assembly Meeting on April 28, 2025, at 11:00 am, at the company's head office and online. The agenda includes reviewing and approving the Board's report on the company's activities and financial position, the Auditors’ Report, the balance sheet, and the profit and loss account for the fiscal year ending December 31, 2024. Shareholders will also consider a proposal for a 30% cash dividend distribution, approve Board members' remuneration, and decide on discharging or filing lawsuits against the Board and Auditors for the fiscal year 2024. The meeting will also address the appointment of Auditors for 2025 and confirm appointments for vacant positions. Shareholders can attend in person or authorize representatives, and participate in eVoting. The meeting requires at least 50% shareholder representation to be valid, with a second meeting scheduled for May 5, 2025, if necessary. Shareholders registered by April 25, 2025, can attend and vote, while those registered by May 8, 2025, are entitled to dividends. Financial statements are available on the company's and Dubai Financial Market's websites. For inquiries, contact the provided numbers or email.

The document is a list of nominees for the Board of Directors of Gulf Navigation Holding PJSC, dated April 27, 2025. It includes two nominees: Mohammed Ali Mohammed Ahmed Althawadi and Ahmed Khalifa Saif Khalifa Alqubaisi, both of whom are non-executive and independent members. The information is provided by Nader Muqbel, the Director of Investor Relations at Gulf Navigation Holding PJSC.

GFH Financial Group B.S.C. announced the purchase of 175,000 treasury shares, increasing its total treasury shares from 197,846,941 to 198,021,941, representing an increase from 5.16% to 5.17% of the total issued shares as of April 26, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The purchase was completed on April 26, 2025, at an average price of USD 0.2989 per share. The percentage of purchased shares from the issued capital is 0.0005%, with 18,237,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The Annual General Assembly Meeting of the Islamic Arab Insurance Company (SALAMA) has been postponed due to a lack of quorum. The rescheduled meeting will be held on Wednesday, 30 April 2025, at 03:00 PM. Participants can attend either physically at the company's headquarters in Dubai or electronically via remote access technology, which will include livestream video, audio, and electronic voting on decisions.