Latest Threads on News from companies

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced a Board of Directors meeting set for 1:00 pm on Thursday, 21st March 2024. The agenda for the meeting includes a review of the company's consolidated financial results for the year ended 31st December 2023 and other business-related matters. The information was conveyed by Bachir Nawar, the Chief Legal and Compliance Officer of the company.

Al Salam Bank has teamed up with Solidarity Bahrain to offer an exclusive Ramadan promotion for their credit and prepaid cardholders. The offer, which runs from the start of Ramadan until 21 April 2024, gives a 5% discount on new motor, travel, home, domestic helper, and personal accident insurance policies issued through Solidarity Bahrain. The discount can be availed by using a promo code consisting of the first four digits of their card followed by "ALSALAM". In addition to the discount, clients can also earn double reward points on all insurance transactions during the campaign period. The initiative is part of the bank's strategy to provide double rewards during Ramadan and improve the overall banking experience for its clients.

Dubai Insurance Co. has informed the Dubai Financial Market that Mr. Marwan Abdulla Alrostamani has withdrawn his nomination from the Board of Directors. The information was conveyed by Sahem Abdelhaq, the Head of Legal & Compliance at Dubai Insurance Co.

Resolution No. (332) of 2024 announces the temporary suspension of trading on the shares of Al Fujairah National Insurance Company. This decision is in line with Article No. (16) of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the company's AGM being held at 12:00 on 17-Apr-2024, which coincides with the trading session at ADX. Trading will be suspended from 09:00 on 17-Apr-2024 until ADX receives the AGM results. The resolution also instructs all department heads at ADX to execute this resolution in their respective fields and circulate it to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution, approved by the authorised person, was issued on 18/03/2024.