Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
The Board of Directors of Emirates Central Cooling Systems Corporation PJSC (Empower) invites shareholders to the annual general meeting on March 26, 2026, at 11:00 am, both physically at Kempinski The Boulevard Dubai Hotel and electronically. The agenda includes approving the appointment of the meeting secretary and vote collector, reviewing and approving the Board and auditor reports, consolidated financial statements, and a cash dividend distribution. Other items include authorizing interim cash dividends for 2026, approving Board remuneration, discharging Board and auditors from liability, approving variations in audit fees, appointing auditors for 2026, and determining their remuneration. Shareholders can attend or delegate a proxy and must register by March 23, 2026. The meeting requires a quorum of at least 50% share capital representation. If not met, a second meeting is scheduled for April 2, 2026. Shareholders registered by March 25, 2026, can vote, and those holding shares by April 6, 2026, are entitled to dividends. Financial statements and governance reports are available on the DFM and Empower websites.
The Dubai Taxi Company P.J.S.C. has received approval from the Securities and Commodities Authority to publish the invitation for its Annual General Meeting (AGM). The meeting is scheduled for April 7, 2026, at 3:00 pm at the Holiday Inn, Dubai Festival City, with an option for electronic participation. The invitation, including the meeting agenda and notes, will be published in two daily newspapers, in both Arabic and English, in accordance with regulatory requirements. The notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Vicken Khochafian, Board Secretary and Governance Director. A copy of the notification is also sent to the Securities and Commodities Authority.
On March 3, 2026, Dubai Financial Market was notified of a leadership change at Dubai Electricity and Water Authority PJSC (DEWA). Mr. Ranganathan Sundar has been appointed as the new Chief Financial Officer, effective March 2, 2026. Previously, he was the Vice President of Corporate Finance & Group Tax at DEWA. Mr. Thomas Varghese, the former Chief Financial Officer, is retiring but will continue as a Financial Advisor from March 2, 2026, to April 17, 2026. The notification was issued by Aakash Nijhawan, Group Head of Investor Relations at DEWA.
Dubai Financial Market (DFM) has announced the opening of nominations for its Board of Directors. The nomination period will start on March 3, 2026, and end on March 12, 2026. Shareholders who meet the eligibility criteria can submit their applications either at the company's main office located at the Dubai World Trade Centre or online through the Dubai Financial Market platform. Each application must include a brief profile of the nominee, indicating whether the nomination is for an executive, non-executive, or independent position. There are nine board seats available for nomination. The nomination period will last for ten days, in accordance with the relevant governance guidelines.
The Board of Directors of Dubai Financial Market Company invites shareholders to attend the Annual General Assembly Meeting on Wednesday, 25 March 2026, at 3:00 PM. The meeting will be held both in person at the Trading Hall, Dubai Financial Market, Dubai World Trade Center, and electronically. The agenda includes reviewing and approving the Board of Directors’ report, the external auditor’s report, and the Fatwa and Sharia Supervisory Board’s report for the financial year ending 31 December 2025. The meeting will also address the company's balance sheet and profit and loss account, appoint the Fatwa and Sharia Supervisory Board for 2026, consider a cash dividend distribution of 6.5% of the share capital, approve directors' remuneration, and discharge or terminate the Board of Directors from liabilities for the financial year ended 31 December 2025, with consideration for any necessary legal actions.
Emirates Integrated Telecommunications Company PJSC (EITC) has announced the opening of nominations for its Board of Directors. There is one Board seat available, and the nomination period will remain open for ten days from the date of the announcement. Interested shareholders must meet specific requirements outlined in Federal Decree-Law No. 23 of 2021 on Commercial Companies, the Governance Guide for Public Joint-Stock Companies, and the Articles of Association. Applications must include all necessary documents specified in the Governance Guide. Once the nomination period closes, nominations cannot be transferred. EITC will publish the names and information of nominees on its website and at its principal office on March 2, 2026. The list of nominees will also be submitted to the Capital Market Authority. Nominations are open from March 3, 2026, to March 21, 2026, and applications should be submitted to the company's principal office in Dubai Hills Business Park.
The Emirates Integrated Telecommunications Company PJSC is inviting its shareholders to attend the General Meeting on March 3, 2026, both in person at the Dubai Hills Business Park and virtually. The agenda includes reviewing and approving the Board of Directors' and Auditors' reports, discussing and approving financial statements and dividend distribution for the fiscal year ending December 31, 2025, and considering the discharge of liabilities for the Board and external auditors. Other items include approving the Board's remuneration, appointing auditors for the next fiscal year, electing a Board member, and considering a special resolution for community contributions. Shareholders may delegate representatives to attend, and virtual attendees must register electronically. Quorum and voting guidelines are specified, and relevant documents are available on the company's and Dubai Financial Market's websites.
The document is the audited consolidated financial statements for Orient Insurance PJSC and its subsidiaries as of December 31, 2025.