Latest Threads on News from companies

On 1st April 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Karem Mahmoud, Director of Legal Affairs. The letter was about the annual cash dividends of Dubai Refreshment P.J.S.C. The Annual General Assembly approved the dividends on 27th March 2024. The company has decided to distribute AED 72 million as annual dividends, which is 80% of the paid-up capital, amounting to 0.80 AED per share. The dates for the cash dividends are as follows: record date on 4th April 2024, ex-dividend date on 5th April 2024, and last entitlement date on 12th April 2024. If the record date is a public holiday, it will be moved to the next business day.

Al Salam Bank B.S.C, licensed and regulated as an Islamic Retail Bank by the Central Bank of Bahrain, has announced the results of its Board of Directors election. The election took place during the Annual General Meeting held on 31st March 2024. The elected members include Ahmed Habib Kassim, Alhur Mohammed Al Suwaidi, Hisham Saleh Al Saie, Khalid bin Mustahil Al Mashani, Matar Mohamed Al Blooshi, Salim Abdullah Al Awadi, Salman Saleh Al Mahmeed, Tariq Abdul Hafidh Al Aujaili, and Zayed Ali Al Amin. The announcement was made to both the Bahrain Bourse and the Dubai Financial Market.