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On April 30, 2025, Takaful Emarat Insurance PSC held a General Assembly Meeting chaired by Dr. Nooraldeen Atatreh at Office 103, First Floor, Hassanicor Building, Sheikh Zayed Road, Dubai, UAE. The meeting, which took place from 2:00 PM to 3:00 PM, had a quorum of 53.65% of the total attendance, primarily through proxy and electronic voting. During the meeting, several key resolutions were approved: the Company's Board of Directors report, the Auditor’s Report, the Internal Shariah Supervisory Board’s Report, and the Company’s balance sheet and profit and loss account for the year ending December 31, 2024. Additionally, the appointment of Dr. Azzeddine Benzeghiba and Mr. Moosa Khoory to the Internal Shariah Supervisory Committee was approved, along with the ratification of new Board members replacing those who resigned.
GFH Financial Group B.S.C. has announced the purchase of 1,594,170 treasury shares, raising its total treasury shares from 200,301,941 (5.23% of total issued shares) to 201,896,111 (5.27% of total issued shares) as of April 30, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was 0.2890 USD per share, and the purchased shares represent 0.042% of the issued capital. There are 181,363,272 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On April 30, 2025, the General Assembly Meeting of Drake and Scull International PJSC was held at The H Hotel in Dubai at 5:00 pm. The meeting was chaired by the Vice Chairman, Mr. Abdulla Atatreh. Mr. Fadi Mohammad was appointed as the meeting rapporteur, and Mr. Yousef Qaren as the vote collector. The majority of shareholders ratified the Board of Directors’ report concerning the company's activities and financial position for the fiscal year ending December 31, 2024.
Mashreqbank PSC Group has released its condensed consolidated interim financial information for the period from January 1, 2025, to March 31, 2025.
Mashreqbank PSC held a Board of Directors meeting on April 30, 2025, at 11:00 am. The meeting covered and approved the minutes from the previous meeting held on January 30, 2025, reviewed the financial statements for the year ending March 31, 2025, and discussed other topics related to the bank's business and activities. The notification was signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.