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Dubai Investments PJSC is inviting its shareholders to attend the 29th Annual General Assembly Meeting on April 16, 2025, at 3:00 PM, either in person at their office in Dubai or via electronic attendance. The agenda includes approving reports and financial statements for 2024, considering a cash dividend distribution of 18%, approving the Board of Directors' remuneration, discharging the Board and auditors from liability, and appointing auditors for 2025. Shareholders will also vote on several policies and a special resolution authorizing the Board to approve voluntary contributions up to 0.5% of net profits for 2025. Shareholders can register and vote electronically, and any queries can be directed to Dubai Financial Market or the company's contacts. The meeting requires a quorum of at least 50% of the company's capital, and if not met, a second meeting will be held on April 23, 2025.
Amanat Holdings PJSC invites its shareholders to the Annual General Assembly Meeting (AGM) on April 16, 2025, at their Dubai offices or via electronic participation. The agenda includes reviewing and approving the Board's report, the external auditor's report, the balance sheet, and the profit and loss account for the fiscal year ending December 31, 2024. It also involves approving a final cash dividend distribution of AED 40 million, bringing the total dividend for 2024 to AED 115 million. Other agenda items include approving Board remuneration, discharging Board members and auditors of liability, appointing an external auditor for 2025, and authorizing Board members to engage in competing business activities. Shareholders can attend in person or via electronic means and are encouraged to update their contact details with the Dubai Financial Market for dividend distribution. If the quorum is not met, a second meeting will occur on April 23, 2025. Additional details and reports are available on the company's and Dubai Financial Market's websites.
A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. is scheduled for Wednesday, 23rd April 2025, at 9:00 a.m. The agenda includes approving the minutes of the previous meeting held on 29th January 2025, approving the financial statements for the first quarter of 2025, discussing normal business activities, and addressing any other business. The outcome of the meeting will be communicated immediately afterward.
On April 15, 2025, GFH Financial Group B.S.C. announced the purchase of 5,971,077 treasury shares, increasing its total treasury shares from 187,455,864 to 191,296,941. This raised the percentage of treasury shares from 4.89% to 4.99% of the total issued shares. 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 0.2953 USD per share, representing 0.156% of the issued capital. There are 191,962,442 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts following shareholder approval of a cash dividend of AED 0.032 per share. Effective April 16, 2025, the contracts will be adjusted due to the dividend distribution. The futures contracts affected are DFMJ25, DFMK25, DFMM25, and DFMN25, with price adjustments based on an adjustment ratio of 0.976119. The adjusted prices will serve as the reference price for trading on April 16, 2025. The announcement is available on the DFM website, and it emphasizes that the information is subject to change and should be cross-referenced with the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Dubai Financial Market has been informed by Watania International Holding PJSC that the nomination period for their Board of Directors concluded on April 11, 2025. The Nominations and Remuneration Committee has reviewed and approved the candidates for the Board positions. The election of new Board members will occur during the General Assembly meeting on April 23, 2025. The candidates are Dr. Ali Saeed Sultan Bin Harmal Aldhaheri, a non-executive, non-independent member from the UAE, and Mr. Matar Hamdan Sultan Al Ameri, a non-executive, independent member from the UAE.