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Shuaa Capital has announced the departure of Fadhel Al Ali as Chairman at the end of his term, a position he held since July 2019. Al Ali was instrumental in the company's growth and development, including a recent agreement to amend the terms of a $150 million bond issued by a Shuaa-affiliated SPV. The company also announced the re-election of three independent board members and the election of two new independent directors.

The Annual General Assembly Meeting of Presight AI Holding PLC was held on 24th April 2024, from 4:00 PM to 4:30 PM. The meeting took place both in-person at the Rosewood Abu Dhabi Hotel in Al Maryah Island, Abu Dhabi, and virtually. The meeting was chaired by H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, Chairman of the Board of Directors, with 90.00% of the total capital represented. The assembly approved the Board of Directors' report on the company's business and financial position.

The Chairman of Watania International Holding PJSC delivered a keynote at the Annual General Assembly Meeting, highlighting the company's growth and success in 2023. Despite challenging regional macroeconomic conditions, the company has emerged as a dynamic investment firm, with its subsidiaries holding a prominent position in the UAE's Takaful sector. This success is attributed to the transformation strategy implemented post-merger in 2022. The company's financial performance also improved, with a total income of AED 954,363,000 from Takaful activities in 2023, up from AED 820,181,000 in 2022. Shareholders' equity rose to AED 229,597,000, and the company achieved a net profit of AED 13,275,000, a significant improvement from the losses of AED 53,130,000 in 2022. Earnings per share also improved to AED 0.051.

The General Assembly Meeting of Watania International Holding (PJSC) took place on 24th April 2024, from 1:30PM to 2:30PM, chaired by Dr. Ali Saeed Bin Harmal Aldhaheri. The total attendance was 75.47%, distributed between 0.57% personal attendance and 74.9% proxy attendance. The assembly approved the Board of Directors' report on the company's activity and financial position for the fiscal year ended 31 December 2023. The Auditor's report for the same period was also approved. The Company's balance sheet and profit and loss account were discussed and approved. The Board of Directors' recommendation to refrain from distributing dividends to shareholders for the financial year ending 31 December 2023 was considered and approved. Lastly, a proposal for remuneration of the Board members for the fiscal year ended 31 December 2023 was approved.

On April 24, 2024, the Dubai Financial Market's Board of Directors will hold a meeting at 3:00 PM. The meeting's agenda includes discussing the condensed consolidated interim financial information for the three-month period ending on March 31, 2024, and regular matters and any other business. This information was conveyed in a letter from Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.