Latest Threads

The disclosure clarifies the process for shareholders to delegate someone to attend the General Assembly on their behalf. Shareholders can delegate individuals who are not board members, company staff, or employees of a securities brokerage company. The delegated person can represent multiple shareholders but cannot exceed 5% of the company's issued capital. Legal representatives must represent those lacking legal capacity. The shareholder's signature on the power of attorney must be approved by specific entities such as a Notary Public, Chamber of Commerce, a bank where the shareholder has an account, licensed financial markets, or any licensed notarial entity in the UAE. The proxy form should include the shareholder's name, contact number, and the approving authority. For further inquiries, contact details are provided.

Amlak Finance PJSC is inviting its shareholders to a General Meeting on Monday, March 24, 2025, at 1 PM. The meeting will be held at Kempinski the Boulevard in Downtown Dubai and can be attended either in person or remotely. The agenda includes appointing external auditors for the fiscal year 2025 and approving the sale of some company investment properties, including plots in Dubai at Ras Al Khor. The Board of Directors or an authorized person will handle the sale process. Shareholders wishing to attend electronically can register from March 21 to March 24, 2025. Shareholders may delegate a representative to attend on their behalf, provided the representative does not hold more than 5% of the company's share capital. The proxy signature must be verified by a notary public or other recognized entities in the UAE.

The Islamic Arab Insurance Company PSC – SALAMA has appointed Mr. Mohamed Ali Bouabane as its new Chief Executive Officer, effective March 21, 2025. This appointment follows the necessary regulatory approvals from the Central Bank of UAE, in accordance with the Corporate Governance Regulations for Insurance Companies. The announcement was made by Motaz Kraishan, the Board Secretary.

Amanat Holdings PJSC invites its shareholders to attend the Annual General Assembly Meeting (AGM) on April 16, 2025, at 2:00 pm in Dubai, with options for in-person or electronic participation. The agenda includes approving the Board's report, the external auditor's report, the balance sheet, and profit and loss account for the fiscal year ending December 31, 2024. Shareholders will also consider a proposal to distribute AED 40 million in dividends for the second half of 2024, bringing the total dividends for the year to AED 115 million. Other items include approving Board remuneration, discharging Board members and auditors from liability, appointing the external auditor for 2025, and authorizing Board members to undertake competing business activities. Shareholders can register and vote electronically, with specific dates for voting rights and dividend eligibility outlined. The AGM requires a quorum of at least 50% of the Company's share capital, with provisions for a second meeting if necessary. Shareholders are encouraged to update their contact details and can access various reports and guides online.