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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on TAKAFUL-EM shares after disclosing the resolutions of its General Assembly
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Resolutions of General Assembly

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, held its annual general meeting today at 3 PM. During the meeting, shareholders voted on several decisions. A special resolution to amend Article 17 of the company's Articles of Association, which would have increased the number of board members from five to seven, was rejected. Ordinary resolutions included the approval of 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. Additionally, the proposal by the Board of Directors not to distribute cash dividends for the fiscal year ending December 31, 2024, was approved.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on MASQ shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on TABREED shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 01/05/2025 is the last trading date to entitle for UNIKAI’s cash dividend
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Takaful Emarat (PSC)

Disclosure: Resolutions of General Assembly

On April 30, 2025, Takaful Emarat Insurance PSC held a General Assembly Meeting chaired by Dr. Nooraldeen Atatreh at Office 103, First Floor, Hassanicor Building, Sheikh Zayed Road, Dubai, UAE. The meeting, which took place from 2:00 PM to 3:00 PM, had a quorum of 53.65% of the total attendance, primarily through proxy and electronic voting. During the meeting, several key resolutions were approved: the Company's Board of Directors report, the Auditor’s Report, the Internal Shariah Supervisory Board’s Report, and the Company’s balance sheet and profit and loss account for the year ending December 31, 2024. Additionally, the appointment of Dr. Azzeddine Benzeghiba and Mr. Moosa Khoory to the Internal Shariah Supervisory Committee was approved, along with the ratification of new Board members replacing those who resigned.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. has announced the purchase of 1,594,170 treasury shares, raising its total treasury shares from 200,301,941 (5.23% of total issued shares) to 201,896,111 (5.27% of total issued shares) as of April 30, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was 0.2890 USD per share, and the purchased shares represent 0.042% of the issued capital. There are 181,363,272 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From Drake & Scull International P.J.S.C

Disclosure: Resolutions of General Assembly

On April 30, 2025, the General Assembly Meeting of Drake and Scull International PJSC was held at The H Hotel in Dubai at 5:00 pm. The meeting was chaired by the Vice Chairman, Mr. Abdulla Atatreh. Mr. Fadi Mohammad was appointed as the meeting rapporteur, and Mr. Yousef Qaren as the vote collector. The majority of shareholders ratified the Board of Directors’ report concerning the company's activities and financial position for the fiscal year ending December 31, 2024.

1. Attached Document

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Dubai Financial Market News

News Update From Gulf Navigation Holding PJSC

Disclosure: Resolutions of General Assembly

1. Attached Document

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Dubai Financial Market News

News Update From Mashreqbank PSc

Disclosure: Press release regarding financial results for the 1st QTR of 2025

1. Attached Document