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The Abu Dhabi National Takaful Co. P.S.C held a meeting on 16 April 2024, which ran from 11:00 AM to 12:05 PM at the company's head office in Abu Dhabi. The meeting was chaired by Mr. Khalid Deemas Alsuwaidi and had a quorum of 87.85% attendance, all of which was through proxy or electronic voting. The meeting involved approving the Board of Directors' report on the company's activity and financial position for the fiscal year ending 31/12/2023, the Auditor's Report for the same period, and the Internal Shariah Supervisory Board's Report. The company's balance sheet and profit and loss account for the fiscal year ending 31/12/2023 were discussed and approved. The board's proposal for the distribution of cash dividends amounting to 31,500,000 AED, which represents 30% of paid-up capital or 31.50 fils per share, was also considered.

The text refers to the unaudited condensed interim consolidated financial information of Abu Dhabi Ship Building PJSC for the three-month period ending on 31 March 2024.

On March 27th, 2024, the Emirates Driving Company PJSC held its Annual General Meeting, both physically and virtually, from 01:00 pm to 01:20 pm. The meeting was chaired by H.E. Khalifa Abdulla Al Romaithi. The quorum was 63.30% of the total attendance, all of which were through electronic voting. The assembly approved the Board of Directors' Report, the Auditor's Report, the Company's balance sheet and profit and loss account for the fiscal year ended on 31/12/2023. The proposal for distributing cash dividends by 34% of paid capital, totalling AED 183,164,256, was approved. The assembly also approved the remuneration of the Board of Directors and discharged the members of the board and the auditors for the fiscal year ended on 31/12/2023.

The General Assembly Meeting of the National Bank of Fujairah PJSC took place on 7 March 2024, from 12 noon to 12:25 pm at the Novotel Hotel in Fujairah, United Arab Emirates. The option for remote attendance was also available via the Webex platform. The meeting was attended by the Chairman, His Highness Sheikh Saleh Bin Mohamed Bin Hamad Al Sharqi, Deputy Chairperson Dr. Raja Easa Saleh Al Gurg and six other members of the Board of Directors. One member, Mr. Abdulla Fareed Al Gurg, did not attend the meeting.

The weekly trading summary for DFM Regulated Short Sell Transactions from 13th to 17th May 2024 reveals no RSS trades occurred during this period. For more information on RSS, users are directed to the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules & Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. The information is subject to change and DFM does not take responsibility for any loss resulting from the use of this data.

Takaful Emarat Insurance (PSC) reported accumulated losses amounting to AED 190,192 (in thousands) in Q1 2024, equating to 127% of its paid-up capital. This is in accordance with the SCA Board of Directors’ Decision No. (32/R.M.) of 2019, which requires disclosure when losses reach or exceed 20% of paid-up capital. The losses were mainly due to reduced margins and higher medical claims expenses, lower-than-expected returns from investments, and business decline following a merger and acquisition project. The company also wrote off some bad debts and revaluated some assets, adding to the losses. To address this, the company initiated a capital restructuring process in early 2024, approved a capital increase of AED 185Mn, and is working to improve its IT systems and investment strategies.

Amlak Finance PJSC has scheduled a meeting for Wednesday, 22 May 2024, starting at 3:00 PM. The agenda for the meeting includes normal business activities and updates. The authorized signatory for the company is Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.

On May 16, 2024, the Board of Directors of Drake & Scull International PJSC held their fourth meeting of the year. The key outcomes of the meeting were the approval of the previous meeting's minutes and the election of new leadership. Mr. Shafiq Abdul Hamid was elected as the Chairman of the Board of Directors, and Mr. Ahmed Al-Kilani was chosen as the Vice-Chairman.

The Dubai Taxi Company has extended its operational agreement with Hala until the end of 2025, maintaining exclusive operation of taxis on the Hala platform until the end of 2024. The updated agreement includes improvements for driver benefits and operational processes, taking advantage of the company's 46% market share in the taxi industry.