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

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC AGM Results held on 25/04/2024 at 16:00

The Al Yah Satellite Communications Company held its Annual General Assembly Meeting on 25 April 2024, from 4 p.m. to 5 p.m., both in person in Abu Dhabi and virtually. The meeting, chaired by H.E. Musabbeh Helal Musabbeh Ali Al Kaabi, had a quorum of 70.5%. The attendees approved the Board of Directors' report on the company's activities and its financial position for 2023, the external auditor’s report, and the company's balance sheet and profit and loss account for 2023. They also approved a final cash dividend of AED 200,793,093 and an interim dividend, making the total cash dividend AED 401,586,186 for 2023. A payment of AED 6,500,000 to the Board of Directors as remuneration for 2023 was approved, and the Board was discharged from liability for their 2023 activities.

1. Disclosures: Al Yah Satellite Communications Company PJSC AGM Results held on 25/04/2024 at 16:00

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Alliance Insurance
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Alliance Insurance
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 Mashreqbank PSc
Disclosure: Press release regarding financial results for Q1 2024

1. Disclosure: Press release regarding financial results for Q1 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai National Insurance & Reinsurance
Disclosure: Press release

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Mashreqbank PSc
Disclosure: Financial statements for the 1st QTR of 2024

The text pertains to the condensed consolidated interim financial information of Mashreqbank PSC Group for the period from January 1, 2024, to March 31, 2024.

1. Disclosure: Financial statements for the 1st QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Mashreqbank PSc
Disclosure: Results of BOD Meeting

Mashreqbank PSC has held a Board of Directors meeting on 25th April 2024 at 11:00 am. The meeting discussed and approved the minutes of previous meetings held on 29th January 2024, 26th March 2024, and 19th April 2024. The financial statements for the first quarter ending 31st March 2024 were also approved, along with other topics related to the bank's business and activities. The information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From ORIENT Insurance PJSC
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From GFH Financial Group B.S.C.
Disclosure: Treasury Shares

On April 25, 2024, GFH Financial Group B.S.C. announced that it has purchased 1,791,203 of its treasury shares. This acquisition increases the total holding of treasury shares from 182,049,582 (representing 4.75% of total issued shares) to 183,840,785 (representing 4.80% of total issued shares). The decision to purchase was made during the company's board of directors meeting in September 2021, and the purchase was approved by the Authority in April 2024. The average purchase price was 0.272 USD per share, and the purchased shares represent 0.047% of the issued capital. After this purchase, the number of shares remaining for purchase is 199,418,598. The announcement was signed by Mariam Jowhary, the Head of Compliance & AML.

1. Disclosure: Treasury Shares

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi National Co. for Building Materials
Disclosures: Abu Dhabi National Co. for Building Materials AGM Results held on 25/04/2024 at 14:00

The Abu Dhabi National Company for Building Materials - BILDCO (PJSC) held its annual general assembly meeting remotely on 25 April 2024. The meeting started at 2:04 PM and ended at 2:57 PM. The president of the general assembly was Mr. Salah Khamis Saleh Ali Al-Junaibi. The quorum of the total attendance was 50.28% of the capital. The personal attendance rate was 0.02%, with the same amount being authentic and none by proxy. Electronic voting made up the rest of the attendance at 50.26%, with 41.99% being authentic and 8.27% by proxy.

1. Disclosures: Abu Dhabi National Co. for Building Materials AGM Results held on 25/04/2024 at 14:00

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