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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on UFC shares starting from 2:00 PM as its General Assembly is being held today, 28/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ORIENTTKAFUL shares starting from 11:00 AM as its General Assembly is being held today, 28/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of UFC is being held on 28/04/2025

United Foods Company (PJSC) invites its shareholders to attend the general assembly meeting on Monday, April 28, 2025, at 2:00 PM at the company's main office in Al Quoz, Dubai, or via a real-time visual communication app. The meeting agenda includes reviewing and approving the Directors' and Auditor's reports, discussing the company's financial position and profit and loss statement for the year ended December 31, 2024, and considering the proposal to distribute cash dividends totaling AED 30,250,000. Other items include discharging or dismissing directors and auditors, approving board members' remunerations, and appointing external auditors for 2025. Special resolutions include details about sales to clients Modern Bakery and UNIKAI. Shareholders are advised on proxy representation, voting rights, and the availability of company reports. If the required quorum is not met, a second meeting will be held on May 5, 2025. Shareholders are encouraged to update their contact details with the Dubai Financial Market to ensure receipt of dividends.

1. DFM News: Reminder: General Assembly of UFC is being held on 28/04/2025

Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of ORIENTTKAFUL is being held on 28/04/2025

The Board of Directors of Orient Takaful Company (PJSC) invites shareholders to attend the Annual General Meeting on April 28, 2025, at 11 am, either in person at Al Futtaim Building, Dubai, or remotely via MS Teams. The agenda includes reviewing and approving the Directors' and Auditors' Reports, the Balance Sheet, and the Profit and Loss account for the financial year ending December 31, 2024. The Board recommends not distributing dividends for 2024. The meeting will also review the Internal Sharia'ah Supervisory Committee's report, appoint its members for 2025, approve the Corporate Governance Report, and discharge the Board and External Auditors from liability for 2024. Additionally, an auditor for 2025 will be appointed, transactions with related parties will be approved, and a new Board member, Mr. Fadi Sabah Ghaleb El Masri, will be nominated. Shareholders can delegate proxies to attend on their behalf, with specific conditions outlined. Voting rights are reserved for shareholders registered by April 25, 2025.

1. DFM News: Reminder: General Assembly of ORIENTTKAFUL is being held on 28/04/2025

Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ALLIANCE shares starting from 11:00 AM as its General Assembly is being held today, 28/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ORIENT shares starting from 09:30 AM as its BOD meeting is being held today, 28-04-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of ALLIANCE is being held on 28/04/2025

Alliance Insurance PSC's Board of Directors invites shareholders to the Annual General Assembly Meeting on April 28, 2025, at 11:00 am, at the company's head office and online. The agenda includes reviewing and approving the Board's report on the company's activities and financial position, the Auditors’ Report, the balance sheet, and the profit and loss account for the fiscal year ending December 31, 2024. Shareholders will also consider a proposal for a 30% cash dividend distribution, approve Board members' remuneration, and decide on discharging or filing lawsuits against the Board and Auditors for the fiscal year 2024. The meeting will also address the appointment of Auditors for 2025 and confirm appointments for vacant positions. Shareholders can attend in person or authorize representatives, and participate in eVoting. The meeting requires at least 50% shareholder representation to be valid, with a second meeting scheduled for May 5, 2025, if necessary. Shareholders registered by April 25, 2025, can attend and vote, while those registered by May 8, 2025, are entitled to dividends. Financial statements are available on the company's and Dubai Financial Market's websites. For inquiries, contact the provided numbers or email.

1. DFM News: Reminder: General Assembly of ALLIANCE is being held on 28/04/2025

Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Ekttitab Holding Company K.S.C.C
Disclosure: Invitation of General Assembly

1. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Nominees for Board of Directors membership

The document is a list of nominees for the Board of Directors of Gulf Navigation Holding PJSC, dated April 27, 2025. It includes two nominees: Mohammed Ali Mohammed Ahmed Althawadi and Ahmed Khalifa Saif Khalifa Alqubaisi, both of whom are non-executive and independent members. The information is provided by Nader Muqbel, the Director of Investor Relations at Gulf Navigation Holding PJSC.

1. Disclosure: Nominees for Board of Directors membership

Dubai Financial Market News profile image
Dubai Financial Market News
10 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced the purchase of 175,000 treasury shares, increasing its total treasury shares from 197,846,941 to 198,021,941, representing an increase from 5.16% to 5.17% of the total issued shares as of April 26, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The purchase was completed on April 26, 2025, at an average price of USD 0.2989 per share. The percentage of purchased shares from the issued capital is 0.0005%, with 18,237,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Post share buyback announcement

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