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Threads on regulatory news from companies
Threads on regulatory news from companies
Resolution No. 360 of 2024 announces the temporary suspension of trading for The National Investor PRJSC shares on the ADX. This suspension is due to the company's AGM, which coincides with the trading session, being held at 11:00 on 26-Apr-2024. Trading will be suspended from 09:00 on the same day until the AGM results are received by the ADX. The heads of departments at ADX are instructed to execute this resolution in their respective fields. The resolution will also be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 04/04/2024.
Al Ansari Exchange, the leading remittance and foreign exchange company in the UAE, has continued its 9th annual tradition of delivering 10,000 Iftar meals across all seven Emirates during Ramadan. The company prioritizes eco-friendly packaging for this initiative, reflecting its commitment to both community service and environmental sustainability. The meals are distributed in collaboration with various government entities across 18 locations, targeting those in need. This initiative is part of Al Ansari Exchange's corporate social responsibility efforts to make a lasting positive impact on the communities it operates within.
Salik Company, the sole toll gate operator in Dubai, has warned customers about clone websites, scam emails, and social media frauds that falsely use its name. The company has seen a rise in phishing messages offering fake investment opportunities in Salik stocks and providing false links for account recharges. To protect customers, Salik has advised them to use secure URLs, avoid suspicious links, and verify the legitimacy of messages claiming to be from Salik. CEO Ibrahim Sultan Al Haddad has emphasized the importance of public awareness and advised customers not to disclose personal and financial information to these fraudulent accounts.
On 3rd April 2024, EMAAR submitted a list of candidates for the Board of Directors of Emaar Properties PJSC to the Dubai Financial Market's CEO, Mr. Hamed Ali. The submission, made through the Efsah system, included the CVs of each candidate. The information was classified as confidential/legal.