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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Transferring the listing of ASNIC shares from the first category to the second category as of April 29, 2025, based on the Chairman of the Authority’s Board of Directors’ Decision No. (13/R.M.) of 2020 regarding procedures for dealing with troubled.
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Dubai Financial Market News

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

Disclosure: Press release

Passavant Energy & Environment Ltd., a subsidiary of Drake and Scull International PJSC, has secured a contract to design, construct, and operate the North Balqa Wastewater Treatment Plant in Jordan. The project, valued at JOD 41.5 million (approximately AED 215 million), is funded by the Agence Française de Développement and the European Union’s Neighborhood Investment Platform. It aims to improve wastewater infrastructure in the Balqa Governorate, with an initial treatment capacity of 36,000 cubic meters per day, eventually reaching 54,000 cubic meters daily. The facility will also convert waste into electrical energy, aligning with Jordan's sustainability goals. The project includes design, equipment supply, testing, commissioning, and a year of operation and maintenance. Key features include a wastewater treatment plant, pumping station, effluent treatment units, sludge treatment tanks, pipelines, and an odor control system, with treated water being transferred to the King Talal Dam for agricultural use.

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Dubai Financial Market News

News Update From National Industries Group Holding (S.A.K.)

Disclosure: Notification from the company

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Dubai Financial Market News

News Update From National Cement Company (P.S.C.)

Disclosure: BOD meeting

The National Cement Company has scheduled a board meeting on Tuesday, May 6, 2025, at 10:30 AM. The agenda includes the approval of the previous meeting's minutes, ratification of a board resolution from February 28, 2025, discussion of the company's financial statement for the first quarter ending March 31, 2025, a review of the company's business, and other related matters. This information was communicated by the General Manager, Mohammed Abdulla Ahmed Al Ghurair, and copied to the securities and commodities authority.

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Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Press release

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, emphasized its commitment to employee health and safety in line with the World Day for Safety and Health at Work. In 2024, Empower recorded zero workplace injuries, showcasing the success of its health, safety, and environment (HSE) strategy. The company completed 1,799 HSE inspections and provided 1,544 safety training sessions to 7,906 participants, resulting in 6,017,626 safe working hours. Empower's CEO, Ahmad bin Shafar, reiterated the company's dedication to high health and safety standards, highlighting the importance of a strong safety culture in enhancing the work environment and operational efficiency.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on MAZAYA shares starting from 2:00 PM as its BOD meeting is being held today, 28-04-2025 and until results are disclosed
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on UFC shares starting from 2:00 PM as its General Assembly is being held today, 28/04/2025 and until resolutions are disclosed
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on ORIENTTKAFUL shares starting from 11:00 AM as its General Assembly is being held today, 28/04/2025 and until resolutions are disclosed
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of UFC is being held on 28/04/2025

United Foods Company (PJSC) invites its shareholders to attend the general assembly meeting on Monday, April 28, 2025, at 2:00 PM at the company's main office in Al Quoz, Dubai, or via a real-time visual communication app. The meeting agenda includes reviewing and approving the Directors' and Auditor's reports, discussing the company's financial position and profit and loss statement for the year ended December 31, 2024, and considering the proposal to distribute cash dividends totaling AED 30,250,000. Other items include discharging or dismissing directors and auditors, approving board members' remunerations, and appointing external auditors for 2025. Special resolutions include details about sales to clients Modern Bakery and UNIKAI. Shareholders are advised on proxy representation, voting rights, and the availability of company reports. If the required quorum is not met, a second meeting will be held on May 5, 2025. Shareholders are encouraged to update their contact details with the Dubai Financial Market to ensure receipt of dividends.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of ORIENTTKAFUL is being held on 28/04/2025

The Board of Directors of Orient Takaful Company (PJSC) invites shareholders to attend the Annual General Meeting on April 28, 2025, at 11 am, either in person at Al Futtaim Building, Dubai, or remotely via MS Teams. The agenda includes reviewing and approving the Directors' and Auditors' Reports, the Balance Sheet, and the Profit and Loss account for the financial year ending December 31, 2024. The Board recommends not distributing dividends for 2024. The meeting will also review the Internal Sharia'ah Supervisory Committee's report, appoint its members for 2025, approve the Corporate Governance Report, and discharge the Board and External Auditors from liability for 2024. Additionally, an auditor for 2025 will be appointed, transactions with related parties will be approved, and a new Board member, Mr. Fadi Sabah Ghaleb El Masri, will be nominated. Shareholders can delegate proxies to attend on their behalf, with specific conditions outlined. Voting rights are reserved for shareholders registered by April 25, 2025.

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