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Dubai Financial Market News

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

Disclosure: Assignment of Board Secretary

GFH Financial Group B.S.C. announced the appointment of Mr. Pietro De Libero as the Board Secretary in addition to his responsibilities as the Chief Legal Officer.

1. Attached Document

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News Update From Al Salam Bank B.S.C

Disclosure: Resolutions of General Assembly

Al Salam Bank B.S.C held its General Assembly Meeting on Wednesday, 19 March 2025, from 11:00 am to 12:10 am at The Ritz Carlton, Al Ghazal Hall 3 in Bahrain. The meeting was chaired by H.E. Shaikh Khalid Bin Mustahail Al Mashani. The quorum for the Annual General Meeting (AGM) was 75.43%, and for the Extraordinary General Meeting (EGM), it was 75.51%. Attendance was broken down into 0.06% personal attendance and 75.37% proxy attendance, with electronic voting also being utilized. The meeting included decisions and resolutions from the General Assembly.

1. Attached Document

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News Update From Gulf Navigation Holding PJSC

Disclosure: Resignation of BOD member

1. Attached Document

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Dubai Financial Market News

News Update From Gulf Navigation Holding PJSC

Disclosure: Cancellation of BOD meeting

1. Attached Document

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Invitation of General Assembly

The text is a disclosure regarding the approval of proxies, based on Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. It informs shareholders that they can delegate someone, who is not a board member or company employee, to attend the general assembly on their behalf. The delegated person must have a written authorization stating their right to attend and vote, and they cannot represent more than 5% of the company's issued capital. Shareholders lacking legal capacity must be represented by their legal representatives. The shareholder's signature on the power of attorney must be approved by specific entities such as a notary public, a chamber of commerce, a licensed bank or company, financial markets, or any licensed entity for attestation. The proxy form should include the contact details of the shareholder and the brokerage firm that approved the proxy.

1. Attached Document 2. Attached Document 3. Attached Document 4. Attached Document

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News Update From Dubai Financial Market PJSC

DFM News: Resume trading on EMPOWER shares after disclosing the resolutions of its General Assembly
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Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Press release

The Emirates Central Cooling Systems Corporation PJSC (Empower) held its Annual General Meeting (AGM) in Dubai, with a quorum of 89.9% of the company's paid-up share capital. The AGM approved a cash dividend distribution of AED 437.5 million for the second half of 2024, equivalent to 43.75% of the company's paid-up capital. The meeting, chaired by Saeed Mohammed Al Tayer, reviewed the company's performance, financial statements, and auditor's report for the year ending December 31, 2024. Empower, listed on the Dubai Financial Market since 2022, reported a record revenue of AED 3.26 billion and a net profit of AED 908 million for 2024. The company has committed to an annual payout of AED 850 million during the first two fiscal years post-listing, which was successfully distributed in two installments in 2024. Following this two-year commitment, Empower's shareholders approved annual dividend payments of AED 875 million for 2025 and 2026, to be disbursed in April and October each year.

1. Attached Document

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News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Resolutions of General Assembly

1. Attached Document

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Dubai Financial Market News

News Update From ORIENT Insurance PJSC

Disclosure: Integrated report for the year 2024

1. Attached Document

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News Update From Drake & Scull International P.J.S.C

Disclosure: BOD meeting

1. Attached Document

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