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Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Drake & Scull International P.J.S.C
Disclosure: BOD meeting

Date: June 20, 2024 Mr. Hamed Ahmed Ali CEO - Dubai Financial Market Dubai, United Arab Emirates Subject: Board of Directors Meeting Number 5 of 2024 of Drake & Scull International PJSC Dear Sirs, We would like to inform you that the Board of Directors of Drake & Scull International PJSC will hold its fifth meeting of 2024 on Monday, June 24, 2024, at 3:00 PM at the offices of the Company. The agenda includes: 1. Reviewing and approving previous minutes of the meeting. 2. Calling the General Assembly to convene and setting its agenda items. 3. Discussing routine and operational business of the Company. 4. Any other items. Sincerely, Shafiq Abdulhamid Chairman

1. Disclosure: BOD meeting

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From The National Bank of Ras Al Khaimah
Disclosures: The National Bank of Ras Al Khaimah Announcement of Board Meeting to be held on 27/06/2024 at 09:00

1. Disclosures: The National Bank of Ras Al Khaimah Announcement of Board Meeting to be held on 27/06/2024 at 09:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From RAK Properties
Disclosures: RAK Properties - Approval of the SCA regarding amending the Article of Association of RAK Properties Company

RAK Properties has announced an amendment to its Articles of Association following a resolution from its AGM on March 20, 2024. The amendment involves the distribution of bonus shares amounting to 4% of the company's capital, valued at AED 80 million, and an increase in the company's capital by AED 920 million for the benefit of the government of Ras Al-Khaimah as a strategic partner. The Securities and Commodities Authority (SCA) has approved this amendment. Before the amendment, the company's issued capital was two billion dirhams divided into two billion shares. After the amendment, the issued capital is three billion dirhams divided into three billion shares, all fully paid in cash, and equal in rights and obligations.

1. Disclosures: RAK Properties - Approval of the SCA regarding amending the Article of Association of RAK Properties Company

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From First Abu Dhabi Bank
Disclosures: FAB 2023 ESG Report

1. Disclosures: FAB 2023 ESG Report

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From RAK Properties
Disclosures: RAK Properties Announcements

RAK Properties has communicated to the Abu Dhabi Securities Exchange about an amendment to its Articles of Association. Following a resolution passed at the company's AGM on March 20, 2024, which approved the distribution of bonus shares and an increase in the company's capital, RAK Properties received approval from the Securities and Commodities Authority (SCA) to amend Article 6. The amendment changes the company's issued capital from two billion dirhams to three billion dirhams, divided into three billion shares, each valued at one dirham. The shares are fully paid in cash and are of the same class with equal rights and obligations.

1. Disclosures: RAK Properties Announcements

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi National Energy Company
Disclosures: Masdar to Acquire Majority Shares in Terna Energy SA in Greece

Abu Dhabi Future Energy Company PJSC ("Masdar"), a leading clean energy company in the UAE, in which Abu Dhabi National Energy Company PJSC ("TAQA") holds a 43% share, has announced a definitive agreement to acquire a controlling stake in Terna Energy SA (TENERGY.AT) from GEK Terna Holdings SA (GEKTERNA.AT) and other shareholders. This acquisition is subject to regulatory approvals and other conditions. The information was disclosed in a letter addressed to the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange, signed by Mohammad Adnan Sharafi, Board Secretary.

1. Disclosures: Masdar to Acquire Majority Shares in Terna Energy SA in Greece

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From The National Investor PRJSC
Disclosures: The National Investor PRJSC Invitation to Attend AGM held on 12/07/2024 at 11:00

The National Investor PrJSC has received approval from the Ministry of Economy to publish an invitation for a General Assembly meeting. The meeting is scheduled for Friday, 12 July 2024, at 11:00 am (UAE local time). The invitation will be published in two daily newspapers in accordance with the Commercial Companies Law. Attached are the invitation and the agenda for the General Assembly, along with guidance notes on attendance and proxies. The notification was sent to the Abu Dhabi Securities Exchange and copied to Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority. The letter was signed by Mr. Rami Hurieh, Managing Director.

1. Disclosures: The National Investor PRJSC Invitation to Attend AGM held on 12/07/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Seer Marine Supplies & Equipment Company P.J.S.C
Disclosures: Al Seer Marine Supplies & Equipment Company P.J.S.C - Press Release

Al Seer Marine, a global maritime organization based in Abu Dhabi and a subsidiary of International Holding Company, has appointed Gunther Alvarado as Deputy CEO. Alvarado, who has over 20 years of experience in the maritime industry and has been with Al Seer Marine since 2013, will work closely with CEO Guy Neivens to oversee strategic initiatives and maximize the company's assets, which exceed AED 9.1 billion. Alvarado has previously held roles such as Head of Yacht Management & Marine Operations and COO. His leadership has been pivotal in expanding the company's commercial fleet and establishing it as a regional leader in superyacht operations and naval capabilities. CEO Guy Neivens praised Alvarado's contributions and expressed confidence in achieving greater success with him as Deputy CEO. Alvarado expressed his commitment to innovation, sustainable growth, and advancing green shipping and zero-emissions technology.

1. Disclosures: Al Seer Marine Supplies & Equipment Company P.J.S.C - Press Release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Futures contracts – New Contract Series

A new contract series for Micro DME Oman Crude Oil Futures, specifically the August 2025 contract, will be available for trading starting on June 24, 2024. The contract, identified by the symbol OMOIL Q25 and ISIN OIL230625001, will be listed until June 23, 2025. More information can be found on the Dubai Financial Market website. Note that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any discrepancies.

1. DFM News: Futures contracts – New Contract Series

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Salik Company PJSC
Disclosure: Press release

Salik Company PJSC announced that its barrier-free parking payment solution will be operational at Dubai Mall starting July 1, 2024, covering the Fashion, Grand, and Cinema parking zones. The agreement with Emaar Malls will last for five years. Salik's technology will enable automatic fee collection using vehicle plate recognition, enhancing the parking experience for visitors. This initiative is part of Salik's strategy to expand its ancillary revenue streams beyond its core tolling business. Salik aims to leverage its high penetration rate in the UAE and is exploring further growth opportunities in the private parking market in Dubai.

1. Disclosure: Press release

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