Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
The Abu Dhabi National Energy Company PJSC (TAQA) has confirmed it is in discussions with Criteria Caixa about potential cooperation with Naturgy Energy Group, S.A. Additionally, TAQA is in talks with CVC and GIP about possibly acquiring their shares in Naturgy, which would trigger an offer for all Naturgy's shares. However, no agreement has been reached with Criteria Caixa, CVC, or GIP and no approach has been made by TAQA to Naturgy. The company stated there is no guarantee of any transaction or certainty about the terms of any potential transaction. Further announcements will be made if applicable.
On April 16, 2024, Abu Dhabi National Takaful Co. P.S.C - Takaful held a General Assembly Meeting from 11:00 AM to 12:05 PM at the company's head office with remote attendance. The meeting, chaired by Mr. Khalid Deemas Alsuwaidi, had a quorum of 87.85% attendance, all through electronic voting. The assembly approved the Board of Directors' report on the company's activity and financial position for the fiscal year ending on December 31, 2023, the Auditor's Report for the same period, and the Internal Sharia Supervisory Board's Report. The company's balance sheet and profit and loss account for the fiscal year ending on December 31, 2023, were discussed and approved. The Board of Directors' proposal for the distribution of cash dividends amounting to 31,500,000 AED, representing 30% of paid-up capital or 31.50 fils per share, was also approved.
Mashreqbank P.S.C., headquartered in Dubai, UAE, has announced a Board of Directors meeting scheduled for April 19th, 2024 at 9:00 am. The agenda for the meeting includes routine business activities and other business matters. This information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, to Mr. Hamed Ahmad Ali, the Chief Executive Officer of Dubai Financial Market. A copy of the announcement was also sent to the Securities & Commodities Authority.
On 15th April 2024, the Thuraya 3 (T3) satellite experienced an unexpected anomaly that caused a service outage affecting both voice and packet services. The satellite, which is in a geostationary orbit at 98.5° E longitude, provides L-band mobile satellite services mainly over South and East Asia and the Pacific region. Thuraya has initiated standard incident management procedures and is investigating the incident in collaboration with the satellite manufacturer. The satellite remains safe and under control. Updates will be provided to the market and customers through official communication channels. Thuraya also has a dedicated 24/7 customer service line to address any inquiries related to this incident.