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 853
Next
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Oman & Emirates Investment Holding Co
Disclosures: Oman & Emirates Investment Holding Co Recording link - Discussion through the MSX for financial year ended 31st December 2023

On 8th April 2024, a discussion session was held via MSX to discuss the audited financial results for the financial year ending on 31st December 2023. The session was recorded and the link to the recording is available on the company's website. For more information, contact details for the Manager of Administration & Investor Relations, Dr. Said bin Hilal Al-Kharousi, have been provided. The information was signed off by Acting Chief Executive Officer, Raffy Kozadjian.

1. Disclosures: Oman & Emirates Investment Holding Co Recording link - Discussion through the MSX for financial year ended 31st December 2023

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From SHUAA Capital PSC
Disclosure: Notification from the company

SHUAA Capital p.s.c., a financial investment company based in Dubai, United Arab Emirates, has announced an adjournment to a noteholders' meeting initially scheduled to vote on amending the terms and conditions of bonds issued by a SHUAA affiliated special purpose vehicle. The total value of these bonds is $150 million and they are due on March 31, 2024. The meeting has been adjourned to April 19, 2024, due to a lack of quorum. The company's Board of Directors will keep shareholders informed of any developments and next steps by April 19, 2024. The notification was made by Bachir Nawar, Chief Legal and Compliance Officer of SHUAA Capital.

1. Disclosure: Notification from the company

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

The GFH Financial Group B.S.C. (GFH) and Ithmaar Holding B.S.C. (Ithmaar) have released an announcement stating that they are in ongoing discussions for GFH to acquire Ithmaar's financing and investment portfolios. The structure of the transaction is still being finalized and is subject to due diligence and regulatory approvals. The companies will keep shareholders informed of any further developments. The transaction is expected to have a positive and significant impact on GFH's financials and increase the returns for the group.

1. Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Gulf Investment House Company
Disclosures: Zakat on GIH Co. share for the financial year ended 31st December 2023

1. Disclosures: Zakat on GIH Co. share for the financial year ended 31st December 2023

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Fujairah National Insurance Company
Disclosures: Al Fujairah National Insurance Company Sustainability Report

The text refers to the 2023 Sustainability Report of Al Fujairah National Insurance Company PJSC, which is presumably about the company's environmental, social, and governance (ESG) performance and initiatives.

1. Disclosures: Al Fujairah National Insurance Company Sustainability Report

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC (Company)- Nominations received for Board membership of the Company

The Abu Dhabi Ports Company has received nomination applications from two candidates, Renzo Bravo Calambrogio and Soren Jensen, for two additional seats on the board. This is contingent on the General Assembly approving an increase in the number of board members from seven to nine. The information was disclosed by the company's General Counsel, Emil Pellicer, to the Market Operations & Surveillance and Disclosure & Compliance sections of the Abu Dhabi Securities Exchange, with a copy sent to the Securities and Commodities Authority.

1. Disclosures: Abu Dhabi Ports Company PJSC (Company)- Nominations received for Board membership of the Company

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Ain Alahlia Insurance Co.
Disclosures: Al Ain Alahlia Insurance Co. Article of Association Amendment

The Articles of Association of Al Ain Ahlia Insurance Company are being amended in accordance with the governance system and standards issued by the Central Bank of the United Arab Emirates. The amendments are in line with the Federal Decree-Law No. (32) of 2021 on Commercial Companies, which requires public shareholding companies to update their articles of association. Changes include the potential for the company's capital to be increased or decreased by issuing new shares or obtaining approval from the Securities and Commodities Authority and the Central Bank of the UAE. The Board of Directors, comprised of seven members, will manage the company and elect a Chairman and Deputy Chairman. The board will also appoint an independent Secretary, separate from the company's management.

1. Disclosures: Al Ain Alahlia Insurance Co. Article of Association Amendment

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Ain Alahlia Insurance Co.
Disclosures: Al Ain Alahlia Insurance Co. Article of Association Amendment

The text suggests an amendment to Article 25, which outlines the requirements for elected board members. The proposed change stipulates that at least 20% of the candidates for council membership must be female and that the requirement for board members to own shares with a nominal value of not less than Dhs. 1,000,000 does not apply to female candidates. This amendment is aimed at ensuring a minimum representation of women on the board, with UAE citizens who have experience in the business and insurance sectors eligible to run for board membership, regardless of their share ownership in the company.

1. Disclosures: Al Ain Alahlia Insurance Co. Article of Association Amendment

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From RAPCO Investment PJSC
Disclosures: RAPCO Investment PJSC- Final List of BOD Nominees 2024

The Market Operations Surveillance Department of the Abu Dhabi Securities Exchange has issued a list of nominees for the board of directors at RAPCO Investment PJSC. The list includes candidates who have fulfilled all legal and regulatory requirements. The nominees will be presented at the company's Annual General Assembly meeting, scheduled for April 17, 2024. The disclosure was signed by the Board Secretary, Yazan S. Maragha.

1. Disclosures: RAPCO Investment PJSC- Final List of BOD Nominees 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From RAPCO Investment PJSC
Disclosures: RAPCO Investment PJSC

The Disclosures and Compliance Section of the Market Operations Surveillance Department at Abu Dhabi Securities Exchange has sent a letter regarding the list of nominee names for the Board of Directors at RAPCO Investments PJSC. This list includes candidates who have fulfilled all legal and regulatory requirements. The company's Annual General Assembly meeting, where these nominations will presumably be discussed or decided upon, is scheduled to take place on Wednesday, 17th April 2024. The letter is signed by the Board Secretary, Yazan S. Maragha.

1. Disclosures: RAPCO Investment PJSC

Previous
Page 853
Next