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GFH Financial Group B.S.C. announced the purchase of 4,400,000 treasury shares, increasing its total treasury shares to 266,151,591, which represents 6.94% of the total issued shares as of March 2, 2025. The decision to purchase was made by the board of directors on February 24, 2025, and approved by the relevant authority on February 16, 2025. The purchase was completed on March 2, 2025, at an average price of 0.320 USD per share, accounting for 0.115% of the issued capital. There are 117,107,792 shares remaining for potential purchase. The announcement is signed by Mariam Jowhary, Head of Compliance & AML.
The TECOM Group PJSC Annual Report for 2024 emphasizes the company's collaborative approach to business, highlighting how working together enhances business success.
The Investor Relations Department at Salik Company PJSC is organizing an analyst conference on Thursday, March 6, 2025, at 3:00 PM. The purpose of the conference is to discuss the audited financial results for the fiscal year ending December 31, 2024. The presentation will be available on the company's website before the meeting. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Ibrahim Sultan Al Haddad, CEO of Salik Company PJSC.
Sukoon Insurance PJSC held its Annual General Assembly Meeting on February 28, 2025, both at its head office in Dubai and online. During the meeting, shareholders approved several items: the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2024, the Auditor's report for the same period, and the company's Balance Sheet and Profit and Loss Account. They also approved a proposal to distribute 20% cash dividends amounting to AED 92,374,425 for the fiscal year 2024, and the remuneration of AED 2,200,000 for the Board Members. Additionally, the Board members and auditors were discharged of liability for the fiscal year 2024. Deloitte was appointed as the external auditor for the fiscal year 2025 with a fee of AED 1,458,450.
The Board of Directors of Sukoon Insurance PJSC invites its shareholders to attend the Annual General Assembly Meeting. The meeting will be held at the company's head office on Omar Bin Al Khattab Street, next to Al Ghurair Mall in Deira, Dubai, and will also be accessible online via www.smartagm.ae for virtual attendance and electronic voting. The meeting is scheduled for Friday, February 28, 2025, at 11:00 AM. The invitation is extended by Louise O'Donnell, EVP-Head of Strategy, International Operations, Legal and Compliance, and is also addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi.