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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: Resume trading on DEWA 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 Amlak Finance P.J.S.C
Disclosure: Invitation of General Assembly

The text provides a clarifying disclosure regarding the approval of proxies to attend a company's general meeting. According to the governance guidelines for joint-stock companies, each shareholder has the right to attend the general assembly and vote according to their shares. Shareholders can delegate someone to attend on their behalf, provided the delegate is not a board member, company employee, or employee of a securities brokerage company. The delegate must have a written proxy explicitly granting them the right to attend and vote, and they cannot represent more than 5% of the company's issued capital. The shareholder's signature on the proxy must be verified by an approved entity, such as a notary public, chamber of commerce, licensed bank, financial market, or any other licensed attestation authority. The proxy must also include the contact information of the shareholder and the representative of the approving authority.

1. Disclosure: Invitation of General Assembly 2. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Electricity & Water Authority PJSC
Disclosure: Announcement of Opening of Nominations for Board Membership

Dubai Electricity and Water Authority PJSC (DEWA) has announced the opening of nominations for its Board of Directors. The nomination period is from February 28, 2025, to March 10, 2025. Eligible shareholders can submit their applications either in person at the company's headquarters in Dubai or electronically. Applications must include a brief introduction of the applicant and specify the type of membership desired (executive, non-executive, or independent). The necessary forms and requirements are available on DEWA’s investor relations website. Eleven board members will be elected, and candidates must meet specific legal and governance criteria. Once the nomination period ends, candidates cannot transfer their nomination to another person.

1. Disclosure: Announcement of Opening of Nominations for Board Membership

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Electricity & Water Authority PJSC
Disclosure: Invitation of General Assembly

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) invites shareholders to attend the annual general assembly meeting on Friday, 21 March 2025, at 11:00 am. The meeting will be held both electronically and at the Kempinski Boulevard Hotel. Shareholders will receive the meeting link via email and text message. The agenda includes approving reports and financial statements for the year ending 31 December 2024, authorizing cash dividends, absolving the Board and auditors of liability, appointing auditors, and electing Board members for the next three years. Shareholders must register to vote electronically and can delegate others to attend on their behalf, with certain restrictions. The meeting requires a quorum of at least 50% of the company's capital, with a second meeting scheduled if the quorum is not met. Shareholders registered by 20 March 2025 are entitled to vote. Electronic registration and voting details will be sent to shareholders, who can also attend the meeting via live stream. For assistance, shareholders can contact the Dubai Financial Market or DEWA.

1. Disclosure: Invitation of General Assembly 2. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Electricity & Water Authority PJSC
Disclosure: Financial statements for the year of 2024

The document is the consolidated financial statements of Dubai Electricity and Water Authority PJSC and its subsidiaries for the year ending December 31, 2024.

1. Disclosure: Financial statements for the year of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From GFH Financial Group B.S.C.
Disclosure: Integrated report for the year 2024

1. Disclosure: Integrated report for the year 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Electricity & Water Authority PJSC
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has approved DEWA's audited financial statements and annual report for 2024. They also endorsed the appointment of KPMG as the external auditor for the fiscal year ending on December 31, 2025, including the approval of their fees. Additionally, the Board reviewed and considered general business matters.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emaar Properties PJSC
Disclosure: Invitation of General Assembly

1. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Al Ansari Financial Services PJSC
Disclosure: Invitation of General Assembly

The text is a proxy form for shareholders of Al Ansari Financial Services PJSC. It allows a shareholder to appoint a proxy to attend and vote on their behalf at the company's General Assembly Meeting scheduled for March 20, 2025, or any adjourned meeting. The form requires details such as the shareholder's name, number of shares held, the name and contact information of the appointed proxy, and the shareholder's signature. The proxy form must be approved or attested by a relevant authority, including their contact details.

1. Disclosure: Invitation of General Assembly 2. Disclosure: Invitation of General Assembly 3. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emirates Islamic Bank PJSC
Disclosure: Notification from the company

On 27 February 2025, Emirates Islamic Bank (P.J.S.C.) announced it received a formal offer document from Emirates NBD Bank (P.J.S.C.) concerning a mandatory cash offer. This offer aims to acquire all shares of Emirates Islamic Bank, resulting in Emirates NBD owning 100% of the bank's ordinary shares for AED 11.95 per share. The terms of the offer are detailed in the attached offer document. The Board of Directors of Emirates Islamic Bank will review the offer and will issue further announcements, including a circular to shareholders, in accordance with their decision.

1. Disclosure: Notification from the company

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