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BHM Capital, a prominent financial institution in the UAE, organized a comprehensive training day for finance and economics students from the University of Sharjah. The event aimed to enhance students' knowledge and skills in the financial markets and introduce them to career opportunities in the sector. Held at BHM Capital's Dubai headquarters, the training included lectures, workshops, and a guided tour of the company's offices. Alaa Dwekat, Deputy CEO of BHM Capital, highlighted the company's commitment to supporting economic growth and enhancing students' academic experiences, aiming to prepare them as future leaders in the financial services sector.
A board meeting for Takaful Emarat Insurance PSC is scheduled to take place on Thursday, 16 January 2025, at 3:30 PM. The meeting will discuss business updates and other matters. The announcement is authorized by Adnan Sabaalaish, the Acting Chief Executive Officer, and was signed on 13 January 2025.
Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307, has announced the resignation of its Chief Financial Officer, Mr. Adnan Noor, due to personal reasons. He will remain with the company for one month to ensure a smooth transition. Shuaa Capital is in the process of appointing a new Chief Financial Officer, expected to occur after the completion of the convertible bond issuance scheduled for next month. The announcement was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market.
The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously disclosed. During the meeting, the board approved the proposed budget for 2025.
The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously announced. During this meeting, the board approved the proposed budget for 2025.
This document is a shareholder circular from SHUAA Capital PSC, a public joint stock company in Dubai, UAE, dated January 10, 2025. It addresses the recommended issuance of mandatory convertible bonds to new private investors and existing holders of USD 150 million bonds issued by SHUAA Capital Bond 1 Limited, in compliance with relevant UAE laws. The implementation of this transaction is conditional upon approval by a requisite majority at the SHUAA General Meeting. The document advises shareholders who have sold or transferred their shares to forward the document to the new owner. It also notes that approval by the Securities and Commodities Authority (SCA) only confirms the document meets minimum information requirements and does not imply endorsement of the bond issuance. The board of directors is responsible for the accuracy of the information, and shareholders are encouraged to read the entire document and accompanying materials. The document also highlights the need to comply with distribution laws in jurisdictions outside the UAE.