Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
The text provides contact information for United Foods Company, located in Dubai, UAE, and summarizes the profile of a candidate for the Board of Directors, Mr. Ali Humaid Ali Al Owais. He is a non-executive, non-independent candidate with a Bachelor of Applied Science in Business from HCT (2008). Mr. Al Owais has been the Chairman of Al Owais Group since 2007, with extensive experience in family business leadership, investment, real estate, and food-related industries. He is also the Chairman of United Foods Company, Vice Chairman of Modern Bakery and Dubai Refreshment Company, and holds board positions in major banking and industrial institutions, such as Emirates NBD and Oman Refreshment Company. His expertise includes business growth, portfolio management, and institutional expansion in the real estate, investment, and FMCG sectors.
On March 25, 2026, the Dubai Financial Market PJSC held its Annual General Assembly Meeting, where several resolutions were approved. These included the Board of Directors’ Report, the Auditor’s Report, and the Fatwa and Sharia Supervisory Board’s Report, all for the fiscal year ending December 31, 2025. The company's balance sheet and profit and loss account for the same period were also approved. Additionally, the appointment of three members to the Fatwa and Sharia Supervisory Board for 2026 was confirmed. A cash dividend of 6.5% of the share capital, equivalent to 6.5 fils per share, was approved for distribution, and the Board of Directors’ remuneration for the fiscal year ended December 31, 2025, was also approved.
Al Salam Bank B.S.C has announced that its Board of Directors will meet on Tuesday, May 12, 2026, at 10:00 am to discuss and approve the financial results for the period ending March 31, 2026. This announcement was addressed to the Bahrain Bourse and the Dubai Financial Market. The notice includes contact information for the bank and is signed by Ali Yusuf Al Khaja, the Chief Compliance Officer.
Dubai Taxi Company has informed its shareholders about a change in the venue for the Annual General Assembly Meeting. Originally scheduled to take place at the Holiday Inn in Dubai Festival City, the meeting will now be held at the InterContinental Hotel in Dubai Festival City, Al Ras 1 Ballroom, on April 7, 2026, at 3:00 pm. The date, time, and agenda remain unchanged. The company has coordinated with the Registrar to notify shareholders via SMS and email, and the updated information will be available on the AGM website.
The Board of Directors of BHM Capital Financial Services P.S.C. invites its shareholders to attend a remote General Assembly Meeting on Monday, April 20, 2026, at 11:00 AM. If quorum is not met, a second meeting will be held on Monday, April 27, 2026, at the same time and platform. The agenda includes authorizing the Chairman to appoint a rapporteur and vote collector, reviewing the Board of Directors' report on the company's activities and financial position, the Auditor’s Report, the balance sheet, and profit and loss account for the financial year ending December 31, 2025. Other items include the Board's recommendation to distribute cash dividends and bonus shares, discharging the Board and auditors from liability, determining Board members' remuneration, appointing the external auditor for 2026, and approving a proposal to add a new activity involving trading as a broker for OTC derivatives and commodity contracts.
SHUAA Capital psc reported accumulated losses of AED 946 million for the fiscal year 2025, with an accumulated losses to capital ratio of 25.85%. The losses were primarily attributed to several factors: fair value losses from impairments of investments, goodwill, and write-offs related to the company's UK investments; impairments and write-offs linked to legacy real estate assets; valuation adjustments causing losses from an associated company; the recognition of a deferred tax liability due to new corporate tax laws in the UAE; write-offs from a revised land valuation in the UAE; and fair value losses from investments in public market securities and managed investments.
Dubai Investments PJSC reported a 31% increase in profit before tax, reaching AED 1.70 billion for the year ending December 31, 2025. The company's total income for 2025 was AED 4.63 billion, supported by its diversified portfolio across real estate, investments, and manufacturing. Net profit after tax attributable to shareholders rose to AED 1.55 billion. Rental income contributed significantly, making up 25.7% of the total income. The company's total assets grew to AED 23.28 billion, and equity attributable to owners increased to AED 14.90 billion. Earnings per share rose to AED 0.36. The Board proposed a 25% cash dividend, subject to shareholder approval. Vice Chairman and CEO Khalid Bin Kalban highlighted the group's strong performance and strategic progress in core business sectors and regional expansion.