Latest Threads on News from companies

The CEO of Dubai Financial Market, Mr. Hamed Ahmed Ali, has been invited to attend the Annual General Assembly Meeting of Drake & Scull International PJSC. The company announced the meeting in two local newspapers on March 26, 2026. The invitation details are attached. The letter is signed by Dana Abualghanam, the Board Secretary.

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the conclusion of a legal case. The case involved a lawsuit filed against the company by a former executive board member seeking approximately AED 22 million in employment-related claims. The Court of Appeal had previously upheld an initial ruling dismissing the lawsuit due to a lack of factual or legal basis. The final judgment by the Court of Cassation has been issued in favor of SHUAA Capital, dismissing the claimant's appeal and requiring the claimant to cover all legal costs and attorneys' fees.

Union Properties PJSC has announced the opening of nominations for its Board of Directors from March 17, 2026, to March 26, 2026. The list of nominees will be presented for voting at the upcoming Annual General Assembly Meeting on April 7, 2026. This information has been communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Mohamed Al Fardan, Chairman of Union Properties PJSC.

Dubai Investments PJSC has appointed Nishant Shah as its Chief Financial Officer. Shah has been with the company since 2019 and served as Acting CFO since July 2025. His new responsibilities include leading the financial strategy, overseeing financial reporting, and enhancing financial governance. Shah has previously worked at KPMG Lower Gulf Ltd in senior audit and advisory roles. Dubai Investments, a UAE-based multi-asset investment group, manages a diverse portfolio and is focused on sustainable financial returns and strategic growth through business diversification, mergers, and acquisitions.