Latest Threads
Check out what has been happening in the community
Amlak Finance PJSC is inviting its shareholders to a General Meeting on Monday, March 24, 2025, at 1 PM. The meeting will be held at Kempinski the Boulevard in Downtown Dubai and can be attended either in person or remotely. The agenda includes appointing external auditors for the fiscal year 2025 and approving the sale of some company investment properties, including plots in Dubai at Ras Al Khor. The Board of Directors or an authorized person will handle the sale process. Shareholders wishing to attend electronically can register from March 21 to March 24, 2025. Shareholders may delegate a representative to attend on their behalf, provided the representative does not hold more than 5% of the company's share capital. The proxy signature must be verified by a notary public or other recognized entities in the UAE.
The Islamic Arab Insurance Company PSC – SALAMA has appointed Mr. Mohamed Ali Bouabane as its new Chief Executive Officer, effective March 21, 2025. This appointment follows the necessary regulatory approvals from the Central Bank of UAE, in accordance with the Corporate Governance Regulations for Insurance Companies. The announcement was made by Motaz Kraishan, the Board Secretary.
Amanat Holdings PJSC invites its shareholders to attend the Annual General Assembly Meeting (AGM) on April 16, 2025, at 2:00 pm in Dubai, with options for in-person or electronic participation. The agenda includes approving the Board's report, the external auditor's report, the balance sheet, and profit and loss account for the fiscal year ending December 31, 2024. Shareholders will also consider a proposal to distribute AED 40 million in dividends for the second half of 2024, bringing the total dividends for the year to AED 115 million. Other items include approving Board remuneration, discharging Board members and auditors from liability, appointing the external auditor for 2025, and authorizing Board members to undertake competing business activities. Shareholders can register and vote electronically, with specific dates for voting rights and dividend eligibility outlined. The AGM requires a quorum of at least 50% of the Company's share capital, with provisions for a second meeting if necessary. Shareholders are encouraged to update their contact details and can access various reports and guides online.
1. Attached Document 2. Attached Document 3. Attached Document
The Islamic Arab Insurance Company, SALAMA, has scheduled a board meeting for Tuesday, March 25, 2025, at 3:00 PM. The agenda includes approving the date for the General Assembly Meeting, subject to approval from the Central Bank and SCA, discussing and approving the audited financial statements for the fiscal year ending December 31, 2024, and proposing remuneration for the Board of Directors. They will also recommend the appointment of external auditors for 2025 and determine their fees, review and approve the Corporate Governance Report for 2024, and recommend the appointment of members to the Internal Sharia Committee, pending Central Bank approval. Other general matters will also be addressed. The announcement is signed by Motaz Kraishan, the Board Secretary, dated March 23, 2025.
The National International Holding Co. K.P.S.C. has scheduled a Board of Directors meeting on Wednesday, March 26, 2025, at 1:30 PM Kuwait time. The meeting aims to discuss the draft financial statements for the year 2024. This information was communicated by Mamdouh A. EL Sherbiny, CEO and Board Member, to Hamed Ahmed Ali, CEO of the Dubai Financial Market. The company was established in 1979 with an authorized and paid capital of 23,455,301.600 K.D. and is located in Sharq, Kuwait.
Al Salam Bank B.S.C has announced that its Board of Directors will hold a meeting on Tuesday, 13 May 2025, at 10:00 am to discuss and approve the financial results for the period ending 31 March 2025. This announcement is directed to the Bahrain Bourse and Dubai Financial Market. The notice is signed by Ali Yusuf Al Khaja, Head of Compliance and MLRO.
GFH Financial Group B.S.C. announced the purchase of 2,095,936 treasury shares, increasing its total treasury shares from 346,267,303 (9.03% of total issued shares) to 348,363,239 (9.09% of total issued shares) as of March 21, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and approved by the authority on February 16, 2025. The average purchase price was USD 0.31, and 34,896,144 shares remain available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.