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The Board of Directors of Sharjah Insurance Company (PSC) is inviting shareholders to attend the Annual General Assembly meeting on Monday 29/4/2024 at 11:00 am. The meeting will be held both in person in Sharjah Emirates and online via Zoom. The agenda includes reviewing and approving the company's activity and financial position, the auditor's report, and the balance sheet for the fiscal year ended 31/12/2023. The proposal for a 7% cash dividend distribution amounting to AED 10.5 million will also be considered. Additionally, the board members' remuneration will be approved and decisions regarding the release, removal, or potential liability cases against board members will be made.

The text is a clarification regarding the approval of proxies according to clauses 1 and 2 of Article 40 of the Corporate Governance Manual. It states that shareholders with the right to attend the general assembly may delegate someone who is not a board member or staff of the company, or a securities brokerage company or its employees. The delegate should not represent more than 5% of the company's issued capital. The signature of the shareholder on the power of attorney must be approved by a notary public, a commercial chamber or economic department in the state, a bank or company licensed in the state, or any other entity licensed to perform attestation works.

The Board of Directors of Eshraq Investments PJSC has invited its shareholders to attend the annual general assembly meeting on April 24, 2024. The meeting can be attended virtually or in person at the Eshraq headquarters in Abu Dhabi. The agenda includes a special resolution to amend Article 38 of the company's Articles of Association. The amendment relates to remunerations of the Chairman and Directors, which shall not exceed 10% of the net profit for the fiscal year. The company may also pay additional expenses, fees, bonuses, or a monthly salary to board members if they work in any committee or exert special efforts for the company. However, it is not permissible to pay an attendance allowance to the Chairman or Directors for attending board meetings.

The Securities and Commodities Authority has approved the date and agenda for the Annual General Meeting of Abu Dhabi Ship Building PJSC. The meeting will be held remotely/electronically at 4 pm on Thursday, 25th April 2024 at Earth Hotel. The approved General Assembly invitation and agenda, along with a copy of Proxy for shareholders, are attached to the announcement.

The GFH Financial Group has announced the completion of investments totaling $450 million in the US real estate sector between Q4 2023 and Q1 2024. The company expects this investment to have a positive impact on its financials and increase returns for the group. For more details, refer to the attached release. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

On 01/04/2024, GFH Financial Group B.S.C. announced the sale of 157,815,208 of its treasury shares, which represents 4.12% of its total issued shares. The shares were sold to Aljomaih Holding Company and strategic investors. After this transaction, the total number of treasury shares held by GFH Financial Group will be 182,049,582, representing 4.75% of its total shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML of the company.