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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
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 19/03/2025 is the ex-dividend date for TECOM shares
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on EMPOWER shares starting from 11:00 AM as its General Assembly is being held today, 19/03/2025 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of EMPOWER is being held on 19/03/2025

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1. DFM News: Reminder: General Assembly of EMPOWER is being held on 19/03/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of EIB is being held on 19/03/2025

The general assembly meeting of Emirates Islamic Bank (P.J.S.C.) is scheduled to take place at Dubai CommerCity and online at 3:30 PM on Wednesday, March 19, 2025. The meeting will consider a special resolution to amend the Bank's Articles of Association by adding a new article (14 bis) regarding mandatory acquisition. This amendment allows any person who acquires at least 90% plus one share of the company's issued share capital to require minority shareholders to sell or swap their shares. Electronic registration and voting details are provided, with instructions for investors to update their KYC information with DFM by March 18, 2025, to receive the registration and voting link. If the link is not received, investors are advised to contact the provided email addresses.

1. DFM News: Reminder: General Assembly of EIB is being held on 19/03/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of DTC is being held on 19/03/2025

Dubai Taxi Company P.J.S.C. invites its shareholders to the Annual General Meeting (AGM) on Wednesday, March 19, 2025, at 3:00 pm at the Al Ras ballroom, InterContinental Hotel, Dubai Festival City, with an option for electronic participation. The meeting agenda includes approving various reports for the fiscal year ending December 31, 2024, discussing dividends and remuneration proposals, discharging liabilities of the Board and auditors, and appointing auditors for 2025. A special resolution involves amending the definition of "Government Shareholder" in the Company's Articles of Association. Shareholders must register electronically to attend and vote, with registration open from March 12 to March 19, 2025. Invitations and registration links will be sent via SMS and email on February 25, 2025.

1. DFM News: Reminder: General Assembly of DTC is being held on 19/03/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SUKOON shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SUKOONTAKAFL shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on UNIONCOOP shares after disclosing the resolutions of its General Assembly
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Union Coop
Disclosure: Resolutions of General Assembly

The Union Coop held its General Assembly Meeting on March 18th, 2025, from 10:00 AM to 12:00 PM, both in person at the Sheikh Mohammed bin Rashid Library in Al Jaddaf and remotely. The meeting, chaired by H.E. Majid Al Shamsi, achieved a quorum of 0.41% of the total attendance in terms of capital. During the meeting, the following were approved: the minutes of the previous General Assembly meeting for the financial year ending December 31, 2023; the Board of Directors' report on Union Coop's activities for the financial year ending December 31, 2024; the study of transforming Union Coop into a joint-stock company; the new Articles of Association for Union Coop; the auditor's report for the financial year ending December 31, 2024; and Union Coop’s audited financial statements for the financial year ended December 31, 2024.

1. Disclosure: Resolutions of General Assembly

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

On March 18, 2025, GFH Financial Group announced the purchase of 2,794,000 treasury shares, increasing its total treasury shares from 337,600,623 (8.81% of issued shares) to 340,394,623 (8.88% of issued shares). The decision to purchase was made by the company's board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was USD 0.3146 per share, and the purchased shares represent 0.07% of the issued capital. There are 42,864,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Post share buyback announcement

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