Latest Threads on News from companies

The Abu Dhabi National Company for Building Materials (BILDCO) will hold its third board meeting of 2024 on Wednesday, May 29, 2024, at 14:00. The agenda includes approving the minutes from the second board meeting of 2024, discussing the developments of legal lawsuits filed by a bank and the results of negotiations, and addressing any other matters.

RAK Properties has unveiled plans for Raha Island, a luxury island community in Mina Al Arab, Ras Al Khaimah. The development will feature high-end hotels, branded residences, exclusive beach, marina and yacht club, 5-star restaurants, cafés, wellness centers, retail, and leisure facilities. The project aims to offer an unparalleled lifestyle experience with a focus on sustainability and community spirit, aligning with the RAK Vision 2030. Raha Island will include over 2.5 kilometers of public beaches and marinas, and will provide complimentary water transit for seamless connectivity within Mina Al Arab and to other Emirates.

The Micro DME Oman Crude Oil Futures contract expiring in May 2024 has an expiry settlement price of 82.42 USD. The contract series code is OMOIL N24 and the Contract ID is OIL240524001. This information, issued on 24 May 2024, is available on the Dubai Financial Market website. It is subject to change and should not replace the relevant Dubai Financial Market Regulated Derivative Contract Trading Regulation.

The weekly trading summary for DFM Regulated Short Sell Transactions from 20 May 2024 to 24 May 2024 reports no RSS trades during this period. Further information on RSS can be found in the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules and Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. This information is subject to change and DFM is not liable for any loss resulting from the use of this data.

Shuaa Capital PSC, a financial investment company, is licensed and regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219. The company's headquarters is located in the H Hotel, Office Tower, 15th floor, Office No. 1502 in Dubai, UAE. The company's board of directors plans to make decisions on the following matters on Tuesday, May 28, 2024: 1. Review and approve the audited consolidated financial statements for the fiscal year ending December 31, 2023. 2. Review the company's annual report, including the governance report, and approve it. 3. Recommend the appointment of the company's auditors for the fiscal year ending December 31, 2024, and determine their fees, subject to the approval of the company's shareholders. 4. Consider inviting the annual general assembly of the company for the year 2023, subject to regulatory approval, with the delegation of the Managing Member and/or the company's CEO to take all necessary actions in this regard in accordance with applicable regulations and laws.

Sukoon Insurance PJSC has notified the Dubai Financial Market of a Board of Directors meeting to be held on Wednesday, 29th May 2024 at 10:00 am. The meeting will take place at the company's head office in Dubai and via Teams video conferencing. The agenda includes a general review of the company's business. The notification was sent to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, Enforcement Affairs at the Securities and Commodities Authority.