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Dubai Financial Market News

News Update From Dubai National Insurance & Reinsurance

Disclosure: Financial statements for the year of 2024

1. Attached Document

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Dubai Financial Market News

News Update From National General Insurance Company P.J.S.C

Disclosure: Invitation of General Assembly

Shareholders are informed about the delegation process for attending the General Assembly as per the Corporate Governance Manual. Shareholders can delegate a representative, who is not a board member or company staff, to attend and vote on their behalf. This delegation must be in writing, and the representative cannot hold more than 5% of the company's issued capital through such delegations. Individuals lacking legal capacity must be represented by their legal representatives. The shareholder's signature on the power of attorney must be verified by approved entities such as a notary public, commercial chamber, licensed bank, financial market, or other authorized bodies. The proxy form must include the shareholder's and the approving authority's contact details. Shareholders can appoint a proxy to represent and vote on their behalf at the Annual General Assembly Meeting. For further information, contact details are provided.

1. Attached Document 2. Attached Document 3. Attached Document

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Dubai Financial Market News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Invitation of General Assembly

Al Ramz Corporation Investment and Development PJSC invites its shareholders to the Annual General Assembly Meeting on 15 April 2025, at 2:00 PM, either in-person at their Abu Dhabi headquarters or virtually. The agenda includes approving the appointment of the meeting secretary, reviewing and approving the Board and Auditor’s reports, discussing financial statements, and deciding on cash dividend distributions. Shareholders will also vote on the Board's remuneration and the discharge or removal of Board members and auditors. Proxies can be appointed under certain conditions, and registration for electronic attendance and voting is required. Shareholders will receive invitations via SMS and email, with proxy and registration details available online.

1. Attached Document

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Dubai Financial Market News

News Update From Sukoon Insurance PJSC

Disclosure: Press release

Sukoon Insurance, previously known as Oman Insurance Company, has partnered with Yallacompare, a prominent insurance broker in the UAE and Middle East, to offer customized Accident and Health Insurance solutions. These insurance plans, available through Yallacompare's digital and telesales platforms, aim to provide comprehensive and flexible coverage to meet individual needs. The partnership is timely, given the rising demand for accessible and affordable insurance due to increased awareness of financial protection's importance amidst global economic uncertainties. By combining Yallacompare's extensive reach with Sukoon's five decades of expertise in innovative insurance products, the collaboration seeks to make comprehensive protection more accessible. Sukoon's dedicated Accident & Health department and digital capabilities ensure a seamless customer experience. Emmanuel Deschamps of Sukoon Insurance and Roger Zaccar of Yallacompare expressed enthusiasm for this partnership, viewing it as a significant step in providing exceptional coverage and support. Sukoon aims to lead the Accident and Health insurance sector in the UAE and expand its presence in the region.

1. Attached Document

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Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release

Al Ansari Financial Services PJSC announced that its shareholders have approved a total cash dividend of AED 315 million for 2024, which is 78% of the company's net profit after tax. This includes a final dividend payment of AED 157.5 million for the second half of 2024, following an interim dividend of the same amount distributed in October 2024. Chairman Mohammad A. Al Ansari emphasized the company's commitment to shareholder value and strategic growth, despite market challenges. As part of its growth strategy, Al Ansari Financial Services is set to acquire BFC Group Holding for AED 735 million, which will expand its regional presence and strengthen its market position. The acquisition will make it the largest exchange company in Bahrain and the third largest in Kuwait, while also enhancing its presence in India. The company aims to maintain strong financial fundamentals and deliver sustainable shareholder value.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on DEWA shares starting from 12:40 PM after disclosing the resolutions of its General Assembly. The Resume-Auction session (no-matching) will be 5 minutes
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Dubai Financial Market News

News Update From Dubai Electricity & Water Authority PJSC

Disclosure: Resolutions of General Assembly

The text is a notification addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Aakash Nijhawan, Group Head of Investor Relations at Dubai Electricity and Water Authority PJSC (DEWA). It informs him of the results from DEWA's General Assembly meeting, which took place on Friday, March 21, 2025, at 11:00 am. The results of the meeting are attached for his review.

1. Attached Document

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Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Results of BOD Meeting

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in Dubai, held a board meeting on Thursday, 20 March 2025, from 1:00 PM to 2:00 PM. All seven board members were present, achieving a 100% quorum. The board approved the audited financial report for the year ending 31 December 2024 and proposed to the General Assembly the distribution of profits to shareholders as bonus shares, representing 15.3196% of the company's current paid-up capital, through the issuance of 26,568,932 bonus shares. The resignation of Eng. Abdullah Subhi Ahmed Atatrah, Vice Chairman of the Board, was accepted with gratitude for his contributions. Additionally, a seat on the Board of Directors was allocated for female representation.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 21/03/2025 is the ex-dividend date for SALAM_BAH shares & trading resumes with the adjusted price
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on DEWA shares starting from 11:00 AM as its General Assembly is being held today, 21/03/2025 and until resolutions are disclosed
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