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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi National Oil Company For Distribution
Disclosures: Abu Dhabi National Oil Company For Distribution AGM Minutes held on 27/03/2024 at 15:00

The Annual General Assembly Meeting of Abu Dhabi National Oil Company for Distribution PJSC, a public joint stock company, was held on 27 March 2024. The meeting was attended in person and virtually by shareholders representing 83.13% of the company's share capital. Mr. Ahmed Alnaqbi attended as a representative of the Securities and Commodities Authority. The meeting was declared quorate by the Chairman, H.E. Dr. Sultan Ahmed Al Jaber. Mr. Ahmad Ma’abreh was appointed as Secretary to the Meeting. First Abu Dhabi Bank and Lumi were appointed as vote collectors. The agenda was then presented by the Secretary.

1. Disclosures: Abu Dhabi National Oil Company For Distribution AGM Minutes held on 27/03/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group AGM Minutes held on 23/04/2024 at 11:00

1. Disclosures: AGTHIA Group AGM Minutes held on 23/04/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group General Press Release

Agthia Group PJSC, a leading food and beverage company in the region, held its Annual General Meeting where shareholders approved the Group's financial results for the fiscal year 2023 and the allocation of cash and stock dividends. The Board of Directors had recommended a cash dividend payment of 18.5 fils per share for the year, as well as bonus shares at the rate of 5% of share capital, based on Agthia's strong financial performance in 2023. The Group had already paid an interim cash dividend of 8.25 fils per share for the first half of 2023, aligning with its semi-annual dividend policy. The total dividends distributed for the year amounted to AED 146.5 million, a 12% increase compared to 2022. Agthia Group reported a strong fiscal performance in 2023, with Group net revenue growing over 12% year-on-year to reach AED 4.56 billion.

1. Disclosures: AGTHIA Group General Press Release

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Wathba National Insurance Co.
Disclosures: Al Wathba National Insurance Co. Board Meeting Results held on 23/04/2024 at 13:00

On 23/04/2024, Al Wathba National Insurance Company (PJSC) held a board meeting with 8 members in attendance, achieving an 89% quorum. The board reviewed and approved the minutes of the previous meeting, discussed the results of the 2023 general assembly meeting, and elected the Chairman and Vice Chairman of the Board of Directors. The members also appointed board committee members and reviewed and approved updates to the company's policies, including the Board Remuneration and Its Committees. The renewal of authorizations granted by the Board of Directors to the Executive Management was approved, and other operational matters relating to the company's activities were discussed. The meeting began at 01:00 PM and ended at 02:00 PM.

1. Disclosures: Al Wathba National Insurance Co. Board Meeting Results held on 23/04/2024 at 13:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Sawaeed Holding P.J.S.C
Disclosures: Sawaeed Holding P.J.S.C Board Meeting Results held on 23/04/2024 at 15:00

1. Disclosures: Sawaeed Holding P.J.S.C Board Meeting Results held on 23/04/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From RAK Ceramics PJSC
Disclosures: RAK Ceramics PJSC Board Meeting Results held on 23/04/2024 at 15:30

1. Disclosures: RAK Ceramics PJSC Board Meeting Results held on 23/04/2024 at 15:30

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Finance House
Disclosures: Finance House AGM Minutes held on 23/04/2024 at 11:00

1. Disclosures: Finance House AGM Minutes held on 23/04/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. Announcement of Board Meeting to be held on 30/04/2024 at 15:00

1. Disclosures: GHITHA HOLDING P.J.S.C. Announcement of Board Meeting to be held on 30/04/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: AD Ports Group Secures a 20-Year Agreement to Operate and Upgrade the Existing Luanda Multipurpose Port Terminal in Angola

AD Ports Group has signed a series of agreements with Unicargas, Multiparques, and the Luanda Port Authority to operate and upgrade the Luanda multipurpose port terminal in Angola for the next 20 years, with a possible 10-year extension. The Group has acquired an 81% stake in a joint venture to operate the terminal and a 90% stake in another to serve the facility and the wider Angolan logistics market. The company has committed to investing $251 million by 2026 to modernise the terminal and develop the logistics business, with the potential for this to increase to $379 million over the concession term. The Port of Luanda handles over 76% of Angola’s container and general cargo volumes and is poised for growth.

1. Disclosures: AD Ports Group Secures a 20-Year Agreement to Operate and Upgrade the Existing Luanda Multipurpose Port Terminal in Angola

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Insurance House
Disclosures: Insurance House AGM Minutes held on 23/04/2024 at 10:00

1. Disclosures: Insurance House AGM Minutes held on 23/04/2024 at 10:00

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