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The Board of Directors of Islamic Arab Insurance Company (SALAMA) invites shareholders to attend the General Assembly meeting on Monday, July 22, 2024, at 3:00 PM. The meeting will be held at the company's headquarters in Dubai or via remote presence technology, including video participation and electronic voting. The agenda includes: 1. Electing two new Board Members to fill vacant seats until April 2026. 2. Discharging the resigned Board Members, H.E. Saeed Mubarak AlHajeri and H.E. Mohammed bin Abdulaziz AlShehhi, from liability. 3. Approving the appointment of Mr. Mohammed Alhashmi as a new Board Member, replacing Mr. Ajit Joshi, who resigned on March 11, 2024. Mr. Alhashmi will serve until April 2026. Shareholders will receive the meeting link via email, text messages, and the Dubai Financial Market website.
GFH Financial Group B.S.C. announced on 21st July 2024 that it has received the necessary regulatory approvals to appoint SICO as the Market Maker for its shares listed on the Bahrain Bourse and BHM Capital as the Liquidity Provider for its shares listed on the Dubai Financial Market and Abu Dhabi Securities Exchange. These activities will commence on 22nd July 2024. The approval is valid until 11th July 2025, and any extension will require prior regulatory approval. In accordance with the Central Bank of Bahrain's regulations, SICO and BHM Capital can collectively hold no more than 3% of the total issued shares of GFH. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.