Latest Threads on News from companies

Takaful Emarat Insurance (P.S.C), a public shareholding company registered under Federal Law No. 48 of 2023 in the UAE, is scheduled to hold a board meeting on Monday, March 30, 2026, at 3:00 PM via MS Teams. The meeting will cover the review of audited financial statements for the year ending December 31, 2025, discussion of the date and agenda for the Annual General Assembly meeting, recommendations on board remuneration for 2025, review of the 2025 Corporate Governance Report, and updates on business matters. The document is signed by Adnan Sabaalaish, the Chief Executive Officer, on March 25, 2026.

On March 25, 2026, during the Annual General Assembly Meeting of the National Central Cooling Company PJSC ("Tabreed"), shareholders approved a special resolution. This resolution authorizes the company's Board of Directors to issue additional non-convertible bonds, sukuk, and similar instruments. These financial instruments can be perpetual (without a fixed maturity date) or non-perpetual (with a fixed maturity date) and can be issued directly or through a special purpose vehicle. The total nominal amount for these issuances is not to exceed USD 2 billion or its equivalent in other currencies.

Tabreed held its Annual General Assembly where shareholders approved a second-half cash dividend of 6.5 fils per share, totaling an annual dividend of 13.0 fils per share for 2025. The shareholders also re-elected the existing Board of Directors for another three-year term. The company's Chairman, Dr. Bakheet Al Katheeri, highlighted a transformative year marked by exceptional portfolio growth and strong operational performance. Despite significant investments, the dividend payout increased to 79% of net profit. Tabreed's connected capacity grew by 19% in 2025, driven by organic growth and mergers and acquisitions. The company maintains a strong balance sheet and investment-grade metrics, focusing on long-term growth and stability.

GFH Financial Group announced that the Extraordinary General Meeting scheduled for Wednesday, 25th March 2026, did not achieve the required quorum, with only 61.79% attendance. As a result, a second meeting is scheduled for Wednesday, 1st April 2026, at 11:30 a.m. and will be conducted electronically. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group announced that its Extraordinary General Meeting scheduled for Wednesday, 25th March 2026, did not achieve the required quorum, as only 61.79% was reached. Consequently, a second meeting is planned for Wednesday, 1st April 2026, at 11:30 a.m. via electronic means. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

On March 25, 2026, GFH Financial Group B.S.C. held its Ordinary and Extraordinary General Meeting at GFH House, Bahrain Financial Harbour. The meeting, chaired by Mr. Abdulmohsen Al Rashed, had a quorum of 61.79% and lasted from 11:30 am to 12:15 pm Bahrain Time. The following decisions were made: approval of the minutes from the previous meeting on March 20, 2025; acceptance of the Board of Directors' report, the Sharia Supervisory Board's report, and the external auditor's report for the financial year ending December 31, 2025; approval of the consolidated financial statements for the same period; and the Board's recommendation to allocate the 2025 net profit by transferring $14,011,000 to the statutory reserve, allocating $7,000,000 to the GFH Foundation and for zakat on shares, and distributing cash dividends of 10.11% of the nominal value of ordinary shares, amounting to $100 million.