Latest Threads on News from companies

On 21st April 2025, the Board of Directors of Emirates Islamic Bank (P.J.S.C) held a meeting where they approved the minutes from the previous meeting on 28th January 2025, approved the financial results for the three-month period ending 31st March 2025, and discussed normal business activities. The communication was addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, and was sent by Dr. Ahmed Alkhalfawi, Group Company Secretary of Emirates NBD Bank (P.J.S.C). A copy was also sent to the Securities & Commodities Authority.

Takaful Emarat Insurance (P.S.C) is a public shareholding company based in Dubai, United Arab Emirates, registered under Federal Law No. 48 of 2023. It is listed in the insurance companies register with the number 86 since October 14, 2008. The company is planning a board meeting on Thursday, April 24, 2025, at 3:00 PM, conducted by circulation. The meeting agenda includes reviewing and approving a Liquidity Provision agreement. The document is signed by Adnan Sabaalaish, the Acting Chief Executive Officer, on April 21, 2025.

On April 21, 2025, Amlak Finance PJSC held a General Assembly Meeting from 3:00 PM to 4:00 PM at Kempinski the Boulevard, chaired by Mr. Jamal Hamed Almarri. The meeting had a quorum of 60.47% of the total capital. The assembly resolved to approve several reports and financial statements for the year ending December 31, 2024, including the Board of Directors’ Report, Auditors’ Report, Internal Sharia Supervisory Committee Report, Balance Sheet, and Profit and Loss Account. The remuneration for the Board of Directors for the fiscal year was also approved. The assembly endorsed the recommendation not to distribute dividends to shareholders and absolved both the Board of Directors and the Auditors from liability for the year 2024.

GFH Financial Group B.S.C. announced that it has purchased 470,000 treasury shares, increasing its total treasury shares from 196,776,941 (5.13% of total issued shares) to 197,246,941 (5.15% of total issued shares) as of April 21, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was 0.289 USD per share. There are 186,012,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

On April 21, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, from Ibrahim Sultan Al Haddad, the CEO of Salik Company PJSC. The letter announced that the Board of Directors of Salik Company is scheduled to meet on Friday, April 25, 2025, at 8:00 AM. The agenda for the meeting includes the election of the Chairman and Vice-Chairman of the Board, the formation of the Audit Committee and the Nomination and Remuneration Committee, and the discussion of other regular business matters.

The text is a notification regarding a Board of Directors meeting for Sukoon Insurance PJSC. The meeting is scheduled for April 24, 2025, at 10:00 am, to be held at the company's head office in Dubai as well as via the Teams platform. The agenda includes approving the financial statements for the first quarter of 2025, appointing an external actuary, approving the compensation policy, approving the job description of the company Board Secretary, and discussing general business matters. The notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and is copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority.

The document is the Integrated Report for 2024 from Dubai Islamic Insurance & Reinsurance Company (AMAN), focusing on three main areas: society, environment, and economy. It provides insights into the company's performance and initiatives in these areas, reflecting its commitment to sustainable practices and its role in the financial sector.