Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
Sukoon Insurance PJSC held its Annual General Assembly Meeting on March 2, 2026, virtually. The shareholders approved the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2025, as well as the auditor's report, balance sheet, and profit and loss account for the same period. They also agreed to distribute 25% of the share capital as cash dividends, amounting to AED 115,468,031.25, and approved a remuneration of AED 2,250,000 for the Board Members for 2025. The Board members and auditors were discharged of liability for the fiscal year ending December 31, 2025. Additionally, Deloitte was appointed as the external auditor for 2026 with a fee of AED 1,663,200. The meeting was communicated to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, with a copy sent to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.
Al Ansari Financial Services PJSC has announced the opening of nominations for its Board of Directors. The nomination period will start on Monday, March 2, 2026, and end on Wednesday, March 11, 2026. Shareholders who meet the eligibility criteria can submit their applications to the company's main office in Al Barsha 1, Ansari Business Center, office 804, in Dubai. Applications must include a brief profile of the nominee and specify the type of membership being sought (executive, non-executive, or independent). There are seven board seats available. The nomination period will last for ten days, in accordance with governance regulations. Nominees must comply with the requirements outlined in Federal Decree-Law No. 32 of 2021 on Commercial Companies, the Governance Guide for Public Joint-Stock Companies, and the company's Articles of Association. Additionally, applications must include all documents specified under Article 10 of the Governance Guide.
The Board of Directors of Al Sagr National Insurance Company (PJSC) invites shareholders to attend the General Assembly Meeting on Wednesday, March 25, 2026, at 12:00 PM, either in person at the company's Head Office in Dubai or electronically. The agenda includes approving the sale of the "Falcon Plaza" building in Dubai and the company's investments in Al Sagr Cooperative Insurance Company shares in Saudi Arabia. A special resolution will address the continuation of business activities under specific legal provisions. Shareholders will receive a link for electronic registration, attendance, and voting the day before the meeting, with voting open until the end of the session. Proxies are allowed under certain conditions, and shareholders must be registered by March 24, 2026, to vote. Financial statements and reports are available on the company's website. If the required quorum is not met, a second meeting will be held on April 1, 2026.
The Board of Directors of Al Ansari Financial Services PJSC invites shareholders to the Annual General Meeting on March 26, 2026, at 3:30 PM. The meeting will be held physically at the company's premises in Dubai and electronically. The agenda includes reviewing and approving the Board of Directors' report, the auditor's report, and the financial statements for the fiscal year ending December 31, 2025. The meeting will also discuss discharging the Board members from liability for the fiscal year, approving a cash dividend of AED 297,000,000 (3.96 fils per share), and considering the Board's proposals on directors' remuneration for 2025. The total cash dividend includes an interim dividend paid in October 2025 and a final dividend subject to shareholder approval.
The Board of Directors of Dubai Taxi Company P.J.S.C. is scheduled to hold a meeting on Thursday, March 5, 2026, at 3:00 p.m. The meeting will be conducted remotely via video conferencing to discuss and resolve internal matters related to the company's business. This notification is addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. The message is signed by Vicken Khochafian, the Board Secretary and Governance Director.
On 27 February 2026, the Board of Directors of Gulf Navigation Holding PJSC held a meeting where they ratified previously circulated resolutions. Key decisions included approving a new company name, subject to regulatory and shareholder approval, which was initially disclosed following the board meeting on 27 November 2025. The board accepted the resignation of Ali Eltaher Elmabrouk Abouda as Chief Financial Officer and appointed Tamer El Akkad to the position effective 02 February 2026. They also accepted the resignation of Ahmad Al Kilani from the board effective 11 February 2026. Additionally, the board approved a Phase 3A proposal related to tanks 411 and 412 as part of a 1.1 million cubic meter capacity expansion program.
The Dubai Financial Market (DFM) announced that trading will be suspended on Monday, 2 March 2026, and Tuesday, 3 March 2026, following a decision by the UAE Capital Markets Authority to close the UAE capital markets. Market participants are encouraged to monitor official announcements from the UAE Capital Markets Authority and the DFM for any further updates.
The document is the Annual Report for 2025 from TECOM Group PJSC, focusing on themes of "Powering Growth" and "Creating Value."