InvestorAct
InsightsStocks

InvestorAct

InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

Sector

  • Financials
  • Real Estate
  • Utilities
  • Materials
  • Communication Services
  • PrJSC
  • Industrials
  • Consumer Discretionary
  • Consumer Staples

Social Media

  • Follow us on Instagram

Latest Threads

Check out what has been happening in the community

Previous
Page 808
Next
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 AGM Results held on 26/10/2023 at 11:00

The National Investor PrJSC held a General Assembly Meeting on 26 April 2024 via remote attendance and voting technology. The meeting was led by Chairman Mr. Saeed Mohamed Hasan Almasoud and Vice Chairman Mr. Tariq Khalil Dawood Badran Al Karaeen, along with other members of the Board of Directors. The assembly approved the Board of Directors' report on the company's activity and financial position for the fiscal year ended on 31/12/2023, the auditors' report for the same period, and the company's budget and profit and loss statement. The proposal for non-distribution of dividend and not to pay a remuneration to the Board members for the fiscal year ended on 31/12/2023 were also approved. The Board members were discharged from liability for the fiscal year ended on 31/12/2023.

1. Disclosures: The National Investor PRJSC AGM Results held on 26/10/2023 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Easy Lease Motorcycle Rental PJSC
Disclosures: Easy Lease Motorcycle Rental PJSC Press Release on the Financial Results for the Period Ended March 31, 2024

EasyLease, a mobility solution provider and subsidiary of International Holdings Company, has reported significant financial growth in Q1 2024, with a 38.6% increase in revenue to AED 97.36 million and operational profit of AED 19.55 million, more than double the previous year. Net profits after tax also increased to AED 13.01 million, up from AED 5.50 million in Q1 2023. The company's total assets grew to AED 458.53 million. EasyLease also acquired a 60% stake in United Trans, a subsidiary of the Alserkal Group of Companies, marking a significant expansion into rail and transportation technology solutions. The company attributes its growth to strategic foresight, operational excellence, and investments made in 2022 and 2023.

1. Disclosures: Easy Lease Motorcycle Rental PJSC Press Release on the Financial Results for the Period Ended March 31, 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Easy Lease Motorcycle Rental PJSC
Disclosures: Easy Lease Motorcycle Rental PJSC

EasyLease, a subsidiary of International Holdings Company, reported a significant financial growth in Q1 2024 with a revenue increase of 38.6% to AED 97.36 million compared to Q1 2023, and operational profit of AED 19.55 million, more than double from the same period last year. Net profits after tax also increased significantly to AED 13.01 million from AED 5.50 million in Q1 2023. The company's total assets were reported at AED 458.53 million as of March 31, 2024, up from AED 376.21 million at the start of the year. Additionally, EasyLease acquired a 60% stake in United Trans, a subsidiary of the Alserkal Group of Companies, marking a significant expansion into rail and transportation technology solutions.

1. Disclosures: Easy Lease Motorcycle Rental PJSC

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C - Treasury Share

GFH Financial Group B.S.C. announced on 26/04/2024 that it has purchased 16,763,304 of its own shares (treasury shares), increasing its total holding of treasury shares from 183,840,785 (representing 4.80% of total issued shares) to 200,604,089 (representing 5.23% of total issued shares). The decision to purchase was made by the company's board of directors in September 2021, received approval from the Authority in April 2024, and was executed on 26th April 2024. The average purchase price was 0.283 USD per share. The shares purchased represent 0.437% of the issued capital. After this purchase, there are 182,655,294 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

1. Disclosures: GFH Financial Group B.S.C - Treasury Share

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 AGM Results held on 26/04/2024 at 11:00

The National Investor PrJSC held a General Assembly Meeting on 26 April 2024 via remote attendance and voting technology. The meeting, chaired by Mr. Saeed Mohamed Hasan Almasoud, had several items on the agenda. The Board of Directors' report on the company's activity and financial position for the fiscal year ending 31/12/2023 was approved. The auditors' report for the same period was also approved. The company's budget and profit and loss statement for the fiscal year ending 31/12/2023 were discussed and approved. The proposal of the Board of Directors regarding the non-distribution of dividends for the fiscal year ending 31/12/2023 was considered and approved. The proposal not to pay remuneration to the Company’s members of the Board for the fiscal year ended on 31/12/2023 was also approved. Finally, the members of the Board of Directors were discharged from liability for the fiscal year ending 31/12/2023.

1. Disclosures: The National Investor PRJSC AGM Results held on 26/04/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Hayah Insurance Company P.J.S.C
Disclosures: Hayah Insurance Company P.J.S.C AGM Results held on 26/04/2024 at 11:00

HAYAH Insurance Company P.J.S.C, a public joint stock company with a paid-up capital of AED 200 million, held a general assembly meeting on 26th April 2024. The meeting, chaired by Mr. Mohamed Abdullatif Jasim Kanoo, had an attendance quorum of 85.5%. The assembly discussed and approved the company's activities, financial position, and the external auditor's report for the financial year ending 31/12/2023. However, the proposal to discharge the board members and the external auditors for the same financial year was not approved. The assembly approved the appointment of Grant Thornton as the company's external auditors for 2024 with a remuneration of 450,000 AED. The proposal for no cash dividends/bonus share distribution for the financial year ending 31/12/2023 was approved. The assembly also approved the appointment of nine board members for 2024 to 2026.

1. Disclosures: Hayah Insurance Company P.J.S.C AGM Results held on 26/04/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Response Plus Holding PrJSC
Disclosures: Response Plus Holding PrJSC AGM Results held on 26/04/2024 at 15:00

1. Disclosures: Response Plus Holding PrJSC AGM Results held on 26/04/2024 at 15:00

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From SHUAA Capital PSC
Disclosure: Results of BOD Meeting

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, recently held a board meeting. The outcomes of the meeting include the election of Mr. Badr Al Olama as Chairman of the Board of Directors, Mr. Nabil Ramadhan as Vice Chairman, and Mr. Ahmed Alahmadi as the Managing Director of the company. The company's Board of Directors committees have also been restructured, including the Audit and Compliance Committee, Nominations and Remuneration Committee, Risk and Governance Committee, and Investment Committee. Other business-related matters of the company were also discussed.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Orient Takaful PJSC
Disclosure: Results of BOD meeting

1. Disclosure: Results of BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Al Sagr National Insurance Company
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Previous
Page 808
Next