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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
2 years ago
News Update From Dubai Investments PJSC
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Orient Takaful PJSC
Disclosure: Changing to Board Decisions by Passing

1. Disclosure: Changing to Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Press release

Gulf Navigation Holding PJSC (GULFNAV) announced key decisions by its Board of Directors regarding the acquisition of assets from Brooge Energy Limited, a NASDAQ-listed company specializing in the storage of crude oil and refined fuel products. The Board approved strategic terms for the acquisition and a capital increase, which will be presented to shareholders after approval from the Securities and Commodities Authority. This acquisition aligns with GULFNAV's strategy to expand its logistical services in the oil, gas, and petrochemical sectors. Brooge, headquartered in Fujairah, has a storage capacity of one million cubic meters and aims to double this capacity. The Board also approved the auditors' report and financial statements for 2023, along with the acquisition's structure and payment mechanism, which includes cash payments, mandatory convertible bonds, and new shares. A capital increase of approximately 448.5 million dirhams was approved to facilitate the acquisition.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai National Insurance & Reinsurance
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Orient Takaful PJSC
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on GULFNAV shares starting from 9:30 AM as its BOD meeting is being held today, 25-09-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National General Insurance Company P.J.S.C
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From The National Investor PRJSC
Disclosures: The National Investor PRJSC Board Meeting Results held on 25/09/2024 at 15:00

Date: 25/09/2024 Ref: L/C/2/26924 To: The Disclosures & Compliance Section, Market Operations Surveillance Department, Abu Dhabi Securities Exchange, P.O Box 54500 - Abu Dhabi - UAE The Securities and Commodities Authority/Disclosure Department Greetings, Subject: The results of the Board Meeting of The National Investor PrJSC (“the Company”) held on 25/09/2024 With reference to the above-mentioned subject, please be informed that the Board of Directors of the Company met today, Wednesday, 25 September 2024, at 15:00 PM. The Board Members discussed the business agenda of the meeting and approved it as appropriate. Please accept our sincere regards. Sincerely, The National Investor PrJSC

1. Disclosures: The National Investor PRJSC Board Meeting Results held on 25/09/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Fertiglobe plc
Disclosures: Fertiglobe plc Announcement of Board Meeting to be held on 30/09/2024 at 18:00

The Board of Directors of Fertiglobe plc will pass a written resolution by circulation on Monday, 30 September 2024, at 6 PM UAE time. The resolution will consider and approve the distribution of interim cash dividends to the shareholders for the first half of the financial year 2024. The notification was addressed to the Market Operations & Surveillance section of the Abu Dhabi Securities Exchange and copied to the Securities and Commodities Authority.

1. Disclosures: Fertiglobe plc Announcement of Board Meeting to be held on 30/09/2024 at 18:00

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