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GFH Financial Group B.S.C. announced that it has purchased 470,000 treasury shares, increasing its total treasury shares from 196,776,941 (5.13% of total issued shares) to 197,246,941 (5.15% of total issued shares) as of April 21, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was 0.289 USD per share. There are 186,012,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On April 21, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, from Ibrahim Sultan Al Haddad, the CEO of Salik Company PJSC. The letter announced that the Board of Directors of Salik Company is scheduled to meet on Friday, April 25, 2025, at 8:00 AM. The agenda for the meeting includes the election of the Chairman and Vice-Chairman of the Board, the formation of the Audit Committee and the Nomination and Remuneration Committee, and the discussion of other regular business matters.
The text is a notification regarding a Board of Directors meeting for Sukoon Insurance PJSC. The meeting is scheduled for April 24, 2025, at 10:00 am, to be held at the company's head office in Dubai as well as via the Teams platform. The agenda includes approving the financial statements for the first quarter of 2025, appointing an external actuary, approving the compensation policy, approving the job description of the company Board Secretary, and discussing general business matters. The notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and is copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority.
The document is the Integrated Report for 2024 from Dubai Islamic Insurance & Reinsurance Company (AMAN), focusing on three main areas: society, environment, and economy. It provides insights into the company's performance and initiatives in these areas, reflecting its commitment to sustainable practices and its role in the financial sector.
The Board of Directors of Amlak Finance PJSC invites shareholders to the Annual General Meeting on Monday, April 21, 2025, at 3:00 pm. The meeting will be held either remotely or in person at Kempinski the Boulevard, Downtown Dubai. The agenda includes reviewing and ratifying reports from the Board of Directors, External Auditors, and the Internal Sharia Supervisory Committee for the fiscal year ending December 31, 2024. The meeting will also discuss and approve the company's balance sheet, profit and loss account, and Directors' remuneration. Shareholders will consider the Board's recommendation not to distribute dividends and absolve the Board and External Auditors from liability for 2024. Special resolutions include considering voluntary contributions for 2025, not exceeding 0.2% of the net profit for 2024, and approving the sale of the company’s investments outside the UAE, in compliance with UAE Central Bank regulations.