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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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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From National Bank of Umm Al Qaiwain
Disclosures: National Bank of Umm Al Qaiwain Financial Results for the Period Ended September 30,2024

The document is a review report and interim condensed consolidated financial statements for the National Bank of Umm Al-Qaiwain (PSC) and its subsidiary, covering the period ending on September 30, 2024.

1. Disclosures: National Bank of Umm Al Qaiwain Financial Results for the Period Ended September 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From EMSTEEL BUILDING MATERIALS PJSC
Disclosures: List of Nominees for the Board of Directors of EMSTEEL Building Materials PJSC

EMSTEEL Building Materials P JSC has announced the list of candidates for its Board of Directors following the opening of nominations on September 30, 2024. These candidates will be presented to shareholders at the Extraordinary General Assembly Meeting on October 22, 2024. The candidates include H.E. Hamad Abdulla Mohamed Alshorafa Alhammadi, Mr. Abdulaziz Abdulla Ismail Mohamed AlHajri, Mr. Saeed Ghumran Saeed Salem AlRumeithi, Mrs. Fatima Abdulla Mohamed Sharif Al Fahim, Mrs. Farah Abdulla Mohamed Ali Almazrui, Mr. Ahmed Ali Mohamed Ali Alshamsi, Mr. Omar Saeed Jumaa Al Shaikh Alromaithi, Mr. Nabeel Kader, and Mr. Omer Elhussein Babiker Idris.

1. Disclosures: List of Nominees for the Board of Directors of EMSTEEL Building Materials PJSC

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Takaful Emarat (PSC)
Disclosure: BOD meeting

The Securities & Commodities Authority in Abu Dhabi and the Dubai Financial Market have scheduled a meeting for Takaful Emarat Insurance PSC on Tuesday, 22 October 2024, at 4:00 PM via Microsoft Teams. The agenda includes considering the approval of a new Board member to fill a vacant position and discussing business updates and other matters. The meeting details were authorized by Mohammed Abu Quora, the CEO, and documented on 17 October 2024.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Union Coop
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From AJMAN BANK PJSC
Disclosure: Notification from the company

The document is a notification addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, from Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary. It informs that the ownership percentage of H.H Sheikh Humaid bin Rashid Al Nuaimi, the Ruler of Ajman, in the capital of Ajman Bank has increased from 10.4749% to 12.3108%.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Futures contracts – Expiry Settlement Prices

The Dubai Financial Market (DFM) announced the expiry settlement prices for equity futures contracts set to expire in October 2024. The prices are provided for various contract series, each with a specific symbol, settlement price in AED, and a contract ID (ISIN). The announcement includes details for contracts such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The full announcement can be accessed on the DFM website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.

1. DFM News: Futures contracts – Expiry Settlement Prices

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From ARAMEX PJSC
Disclosure: Press release

Aramex, a global logistics and transportation solutions provider, has formed a joint venture with ZK Holding, an investment company in Abu Dhabi, to enhance logistics and courier services in Iraq. This partnership aims to offer integrated services such as domestic and international courier, freight forwarding, and contract logistics, supporting both local and international businesses. By leveraging ZK Holding's extensive network of over 7,000 points of sale across Iraq, Aramex plans to expand its operations to more than 15 cities, facilitating smoother logistics. The joint venture is set to begin operations in the first quarter of 2025, targeting corporate and retail customers and aiming to unlock new trade lanes and markets. The collaboration comes as Iraq's e-commerce market is projected to grow significantly, and it seeks to create a robust logistics ecosystem to tap into this potential.

1. Disclosure: Press release

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Commercial Bank International
ADX Disclosures: Temporary suspension of trading on the shares of Commercial Bank International on 24 Oct 2024

Resolution No. 483 of 2024 concerns the temporary suspension of trading for the shares of Commercial Bank International (CBI) on the Abu Dhabi Securities Exchange (ADX). This decision is in accordance with Article 16 of the ADX Listing Regulations. The suspension will occur because the CBI Board of Directors is scheduled to meet at 11:00 on October 24, 2024, which coincides with the trading session. Trading in CBI shares will be halted from 11:00 on that date until ADX receives the results of the meeting. The resolution requires all ADX department heads to implement this decision within their areas of responsibility. It will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all accredited brokers. The resolution has been approved by the authorized person and was issued on October 17, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Commercial Bank International on 24 Oct 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Notification from the company

The document is a notification regarding an acquisition deal involving Brooge Energy Limited. It references a Board of Directors meeting held on September 25, 2024, where the board approved the acquisition of companies and assets owned by Brooge Energy Limited. The board has recommended the deal for approval by the General Assembly. The company has submitted all necessary documents to the Securities and Commodities Authority (SCA), which is currently reviewing them to protect shareholders' rights. Shareholders and the market will be updated on any developments once the authority's approval is obtained for convening the general assembly. Shareholders are advised to rely only on official sources for information and to contact the Investor Relations Department for accurate details about the deal or the company's activities. The notification is signed by Nader Muqbel, the Investor Relations Director of Gulf Navigation Holding PJSC.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emirates NBD PJSC
Disclosure: Financial statements for the 3rd QTR of 2024

Emirates NBD Bank (P.J.S.C.) has released its group condensed consolidated interim financial statements for the nine-month period ending on September 30, 2024.

1. Disclosure: Financial statements for the 3rd QTR of 2024 2. Disclosure: Financial statements for the 3rd QTR of 2024

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