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Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Results of Board Decisions by Passing

1. Attached Document

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Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – Contract Adjustment for DIC Equity

The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts for DIC, effective April 25, 2025, following DIC shareholders' approval of a cash dividend of AED 0.18 per share. The adjustment affects the DIC futures contracts for May, June, and July 2025. The price adjustment involves an adjustment ratio of 0.926531, altering the previous settlement prices to new reference prices for trading on April 25, 2025. The announcement is accessible on the DFM website, and the information is subject to change, with the DFM Regulated Derivative Contract Trading Regulation taking precedence in case of any inconsistency.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – Contract Adjustment for DEYAAR Equity

The Dubai Financial Market (DFM) announced an adjustment to its DEYAAR Equity Futures Contracts following the approval of a cash dividend payment of AED 0.05 per share by DEYAAR shareholders. The adjustment will take effect on April 25, 2025, which is the ex-dividend date. The contracts affected include DEYAAR FUT for May, June, and July 2025. The price adjustment involves multiplying the previous day's settlement price by an adjustment ratio of 0.946524 to determine the new reference price for trading on April 25, 2025. Further details are available on the DFM website. The document notes that the information is subject to change and refers to the Dubai Financial Market Regulated Derivative Contract Trading Regulation for any inconsistencies.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

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

News Update From National Central Cooling Co.

Disclosure: BOD meeting

The National Central Cooling Company (PJSC) has scheduled a Board of Directors meeting for April 30, 2025, at 9:30 AM. The meeting will focus on discussing the company's business and operations. This notification is in accordance with Article 36/11 of the Disclosure and Transparency Regulations number (3) from the year 2000, as amended. The notification is addressed to Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority, and Hamed Ahmed Ali, CEO of the Dubai Financial Market. The letter is signed by Sean Magee, the Company Secretary.

1. Attached Document

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Postponing General Assembly

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has announced the postponement of its annual general meeting due to a lack of quorum. The rescheduled meeting will take place on Wednesday, April 30, 2025, at 3:00 PM at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders have the option to attend remotely via electronic participation.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of DSI is being held on 25/04/2025

Drake & Scull International (PJSC) invites its shareholders to the Annual General Assembly Meeting on April 25, 2025, at The H Dubai Hotel, Dubai. The agenda includes authorizing the meeting's secretary and vote collector, reviewing and approving the Board of Directors' and Auditor's reports for the financial year ending December 31, 2024, and discussing the balance sheet and profit and loss account. Shareholders will also consider the Board's proposals not to distribute dividends and recommendations on board remuneration. They will decide on absolving or holding the Board and auditors liable for the financial year ending 2024, appoint an auditor for the fiscal year ending 2023, and reclassify AED 479 million from the legal reserve to reduce accumulated losses. Additionally, they will approve a loan to Passavant Energy and Environment GmbH and amend the company's articles of association to align with new laws. Shareholders must register electronically to attend and vote, with options to participate in person or virtually. Proxies are allowed under specific conditions, and the meeting requires a quorum of at least 50% of the company's capital. Financial statements and governance reports are available on the company's and Dubai Financial Market's websites.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of SALAMA is being held on 25/04/2025

The Board of Directors of Islamic Arab Insurance Company (SALAMA) invites shareholders to attend the annual General Assembly meeting on Friday, April 25, 2025, at 3:00 PM. The meeting will be held at the company's headquarters in Dubai, with an option to participate remotely through virtual meeting technology. Shareholders will receive the meeting link via email, text messages, and the Dubai Financial Market website. The agenda includes appointing the meeting secretary and vote collector, reviewing and approving the Board of Director's report, the Auditor's report, and the internal Sharia Supervisory Committee report for the year ending December 31, 2024. Additionally, the agenda includes reviewing and approving the company's balance sheet and profit & loss account for the same period, and appointing members of the internal Sharia board of supervision, pending approval from the Central Bank.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 25/04/2025 is the ex-dividend date for DIC shares
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