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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 DRC shares
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 21/03/2025 is the ex-dividend date for DIB shares
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on UNIKAI shares after disclosing the results of its BOD meeting
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of DEWA is being held on 21/03/2025

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) invites its shareholders to attend the annual general assembly meeting on Friday, March 21, 2025, at 11:00 am, which will be held both remotely and at the Kempinski Boulevard Hotel. Shareholders will receive the meeting link via email and text. The agenda includes approval of the Board's report, auditor's report, balance sheet, and profit and loss account for 2024, as well as the approval of cash dividends for the first and second halves of 2024. The meeting will also cover the authorization of dividends for the first half of 2025, absolution of liabilities for the Board and auditors for 2024, appointment of auditors for 2025, and Board remuneration. Shareholders must register to vote electronically, and proxies are allowed under specific conditions. The meeting requires a quorum of 50% of the Company's capital, with a second meeting scheduled if necessary. Shareholders should ensure their contact information is updated for communication and dividend purposes. Electronic registration and voting details will be provided, and shareholders can contact DEWA or Dubai Financial Market for assistance.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Resolutions of General Assembly

The GFH Financial Group B.S.C. held its Ordinary and Extraordinary General Meeting on March 20, 2025, at GFH House, Bahrain Financial Harbour. The meeting was chaired by Mr. Abdulmohsen Al Rashed and had a quorum of 46.42%. During the meeting, several agenda items were approved, including the minutes from the previous meeting on October 9, 2024, the Board of Directors' report, the Sharia Supervisory Board's report, the external auditor's report, and the consolidated financial statements for the year ending December 31, 2024. Additionally, the Board's recommendation for the allocation of the 2024 net profit was approved, which involves transferring $11,850,400 to the statutory reserve, allocating $1,500,000 to the Zakat Fund, distributing cash dividends of 6.2% of the nominal value of ordinary shares (excluding treasury shares) up to $61 million, and transferring approximately $44,153,600 as retained earnings for the next year.

1. Attached Document

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Dubai Financial Market News

News Update From Watania International Holding PJSC

Disclosure: Financial statements for the year of 2024

1. Attached Document

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Dubai Financial Market News

News Update From UNIKAI FOODS P.J.S.C.

Disclosure: Financial statements for the year of 2024

1. Attached Document

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Dubai Financial Market News

News Update From UNIKAI FOODS P.J.S.C.

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced that it has purchased 2,950,000 of its own shares, increasing its treasury shares from 343,317,303 (8.96% of total issued shares) to 346,267,303 (9.03% of total issued shares) as of March 20, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was USD 0.31 per share, and the shares purchased represent 0.07% of the issued capital. There are 36,992,080 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From Al Mazaya Holding Company

Disclosure: Appointment of a BOD member

1. Attached Document

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