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The Board of Directors of National Cement Company (P.S.C) invites its shareholders to attend the Annual General Meeting (AGM) on March 17, 2025, at 10:00 AM. The meeting will be held physically at the company's headquarters in Al Quoz 3, Dubai, and virtually. The agenda includes reviewing and approving the Directors’ and Auditors’ Reports, the Consolidated Financial Statements for the year ended December 31, 2024, and the recommendation for a 20% cash dividend distribution. Additionally, the meeting will consider the Board of Directors’ remuneration, absolving the Board and Auditors from liability, appointing auditors for 2025, and approving the appointment of Mr. Mazen Muhammad Mohieddin Al-Khatib to the Board. A special decision will be made regarding the transfer of 25% from the statutory reserve to retained earnings for 2025. Shareholders may appoint representatives to attend the AGM on their behalf, with certain restrictions.
The Board of Directors of Emirates Integrated Telecommunications Company P JSC invites its shareholders to attend the General Meeting on March 17, 2025, at the company's headquarters in Dubai and virtually. The agenda includes approving the Board of Directors' and Auditors' reports, discussing financial statements for 2024, approving a dividend distribution of AED 0.54 per share, discharging the Board and auditors from liabilities, approving Board remuneration of AED 12,690,000, appointing auditors for 2025, and considering community contributions. Shareholders can delegate proxies, with restrictions on representation. Virtual attendees must register to vote. A quorum of 50% share capital is required, and a second meeting is scheduled if not met. The special resolution requires a 75% majority. Financial documents are available on specified websites.
Air Arabia Company (PJSC) has invited its shareholders to attend the Annual General Assembly Meeting (AGM) scheduled for March 17, 2025, at 3:00 pm. The meeting will be held both virtually and physically at the company's head office located near Sharjah International Airport. The agenda includes discussing and approving the Board of Directors' and Auditor’s Reports, the company's financial statements for the fiscal year ending December 31, 2024, and a proposal to distribute a 25% cash dividend. Additionally, the meeting will address the approval of the Board’s remuneration, discharge of liabilities for the Board and auditors, and the appointment of auditors for the fiscal year 2025 along with their fees.
GFH Financial Group B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase 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 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.