Latest Threads on News from companies

Salik Company PJSC has announced that its Annual General Meeting (AGM) will take place on April 9, 2026, at 12:00 PM. The meeting will be held in person at the One&Only One Za’abeel Hotel in Dubai and electronically via the Lumi platform. The agenda includes: reviewing and approving the Board's report, the external auditor's report, and the financial statements for the year ending December 31, 2025; discussing the distribution of cash dividends; considering the discharge of Board members and external auditors from liability; approving directors' remuneration and the Board Remuneration Policy; and appointing PricewaterhouseCoopers as the external auditor for 2026.

Ithmaar Holding B.S.C held its second Extraordinary General Meeting (EGM) on March 8, 2026, with a quorum of 52.09%. The EGM approved the minutes from the previous meeting on May 29, 2024, and acknowledged reports from the Board of Directors, KPMG Fakhro, and RSM regarding a proposed recapitalization plan. Subject to regulatory approvals, the EGM also approved a reduction in the company's issued share capital from $757,688,757 to $94,673,308.25 by canceling 2,531,466,555 shares to extinguish accumulated losses, while maintaining the nominal share value of $0.25. The reduction will be on a pro rata basis, with shareholders retaining approximately one share for every eight previously held. The new number of shares will be 378,693,233.

Al Salam Bank B.S.C, licensed as an Islamic Retail Bank by the Central Bank of Bahrain, issued a corrective announcement to Bahrain Bourse and Dubai Financial Market. The announcement pertains to the Annual General Meeting for the financial year ending 31 December 2025, which will be held virtually on 12 March 2026 at 11:30 AM Bahrain time. The previous announcement made on 19 February 2026 contained no inaccuracies. The decision to hold the meeting virtually is due to prevailing circumstances and considerations for public safety.

Al Salam Bank B.S.C, licensed and regulated as an Islamic Retail Bank by the Central Bank of Bahrain, issued a corrective announcement to the Bahrain Bourse and Dubai Financial Market. The announcement pertains to the Annual General Meeting for the financial year ending 31 December 2025, which will be held virtually on 12 March 2026 at 11:30 a.m. Bahrain time. The previous announcement was made on 19 February 2026, and there was no inaccurate statement in it. The decision to hold the meeting virtually is due to prevailing circumstances and for public safety.

A proxy form is presented for shareholders of Amanat Holdings PJSC to appoint a representative to vote on their behalf at the General Assembly meeting scheduled for Tuesday, March 31, 2026, or any subsequent adjourned meeting. The form requires details such as the shareholder's or investor's number, contact information for both the shareholder and the proxyholder, and the date and signature. Additionally, it includes a section for the name and contact details of the financial broker or entity that verified the proxy.

United Foods Company (PJSC) in Dubai invites its shareholders to attend a general assembly meeting on April 1, 2026, at 2:00 PM at their main office or virtually. The agenda includes reviewing and approving the directors' and auditors' reports, discussing the company's financial position and profit and loss statement for 2025, considering a cash dividend distribution of AED 15,125,000, discharging or dismissing directors and auditors, approving board remuneration, appointing external auditors for 2026, and electing nine board members. Shareholders can delegate proxies for representation, and a special resolution regarding sales in edible oil and ghee by Modern Bakery and UNIKAI will be considered. Shareholders registered by March 31, 2026, can vote, and those registered by April 13, 2026, are entitled to dividends. Meeting documents will be available on the Dubai Financial Market website, and procedures for participation and voting are outlined, with registration open from March 25 to April 1, 2026.

United Foods Co PJSC has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from March 10 to March 19, 2026. Applications must be sent to the company's head office in Dubai or via email and should include an introductory profile and the desired membership capacity (Executive, Non-Executive, or Independent Director). There are nine board seats available. Nominees must meet specific requirements outlined in relevant laws and the company's Articles of Association. All applications must include necessary documents as per the Governance Guide. Once the nomination period closes, nominations cannot be transferred. The company will publish the nominees' details on its website and office notice board on March 23, 2026, and the list will be submitted to the Capital Market Authority.

The weekly summary for DFM Regulated Short Sell transactions from March 4, 2026, to March 6, 2026, indicates that there were no RSS trades during this period. For more information on RSS, refer to the DFM Market Rules and related documentation available on the DFM website. This announcement can also be found on the Dubai Financial Market's website. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this data.