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Threads on regulatory news from companies
The Board of Directors of Dubai Refreshment P.J.S.C held a meeting on May 12, 2026, at the company's premises in Dubai Investment Park 2 and via online video technology. During the meeting, the Board approved the interim financial statements for the first quarter of 2026 and discussed internal matters, making appropriate decisions regarding them.
The text refers to the unaudited interim condensed consolidated financial statements for United Foods Company (PSC) and its subsidiaries as of March 31, 2026.
On May 12, 2026, United Foods Company held a Board of Directors meeting via the TEAMS app. The meeting resulted in the formation of the Board and its committees, with Mr. Ali Humaid Ali Al Owais elected as Chairman and Ms. Alia Hussein Ahmed Al Zarooni as Vice Chairperson. The previous meeting minutes were approved, and the audited financial statements for the first quarter ending March 31, 2026, were adopted. The Board also reviewed the company's performance up to April 30, 2026, and expressed satisfaction with the achievements.
The Dubai Financial Market has announced the appointment of Mr. Balagopal Thottikamath as the new Chief Operating Officer (COO). Mr. Thottikamath brings over 30 years of experience in operations, strategic planning, and team leadership. The company is confident that his expertise will enhance their operations and significantly contribute to achieving their goals. The announcement was made by CEO Eman Kapoor.