Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
The Board of Directors of Waha Capital PJSC held a meeting on 15 May 2024 in Abu Dhabi. During the meeting, the board approved the company's financial statements for the first quarter ending 31 March 2024. They also discussed other general business matters. The notification of the meeting's results was sent to the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange and the Securities and Commodities Authority.
The provided text refers to the Q1 2024 financial results of a company listed on the Abu Dhabi Securities Exchange under the ticker "WAHA". The results can be found on the company's website, wahacapital.com. No specific details about the results are provided.
HAYAH Insurance Company P.J.S.C., a public joint stock company based in Abu Dhabi with a paid-up capital of AED 200 million, is registered at the Central Bank of the UAE. According to a form prepared in line with the SCA Board of Directors’ Decision No. (32/R.M.) of 2019, companies whose shares are listed on the market and have accumulated losses of 20% or more of their paid-up capital must disclose this information. As of Q1 2024, HAYAH Insurance Company has accumulated losses amounting to 40% of its paid-up capital. These losses are largely due to legacy losses from AXA Group and date back to before the formation of AXA Green Crescent Insurance Company P.J.S.C. in 2015. The company has been profitable since 2019 after a strategic review and the appointment of a new CEO in 2018. Steps have been taken to reduce costs and closely monitor the business, with immediate corrective actions taken if necessary.
The text provides condensed interim financial information for HAYAH Insurance Company P.J.S.C. as of 31 March 2024. The principal business address of the company is P O Box: 63323, Abu Dhabi, UAE.
On 15th May 2024, the Abu Dhabi Securities Exchange disclosed that the Board of Directors of Abu Dhabi Ship Building PJSC issued a resolution on the 14th of May 2024. The resolution approved the financial results for the first quarter of 2024, ending on 31st March 2024.
AD Ports Group has appointed Al Ramz Capital as a liquidity provider for its shares listed on the Abu Dhabi Securities Exchange. The agreement aims to improve the trading of AD Ports Group shares by maintaining tight bid/ask spreads, enhancing traded volumes, reducing volatility and the overall illiquidity risk of the stock. Al Ramz Capital will begin trading AD Ports Group shares from 16th May 2024 following regulatory approvals.
The Abu Dhabi National Takaful Company - PSC -Takaful held a board meeting on May 14, 2024, from 11:00 AM to 12:00 PM. All 9 members of the board were present, achieving a 100% quorum. The board approved the minutes of the previous meeting, the financial statements for the period ended March 31, 2024, and discussed and approved general operational issues. The meeting's results were disclosed by the Chief Executive Officer, Osama Abdeen.