Latest Threads

Al Yah Satellite Communications Company (Yahsat), the UAE's premier satellite solutions provider, has appointed Amit Somani as its Chief Growth and Strategy Officer. Somani, a satellite communications industry veteran, previously worked with Yahsat from 2010 to 2022 in various roles, including Vice President of Strategy and Business Development and Chief Strategy Officer. In his new role, he will oversee the company's growth strategy and lead its global strategic partnerships. His expertise will be instrumental in diversifying the company's product range and expanding into new market segments.

The company has invited investors, analysts, and media to a discussion session on MSX scheduled for 8th April 2024 at 12:00 pm. The one-hour session will focus on the audited financial results for the financial year ended 31st December 2023, which were disclosed on the MSX website on 12th March 2024. The session will be conducted via Zoom with provided meeting details. For more information, contact Dr. Said bin Hilal Al-Kharousi, Manager - Administration & Investor Relations, at saeedk@omanemirates.com or 0096824036800.

The Annual General Assembly of Alpha Dhabi Holding PJSC was held on March 20, 2024, at the IHC Headquarters in Abu Dhabi, with the option for remote attendance and electronic voting. The meeting saw a 75.32% attendance of shareholders, representing 7,532,191,029 shares. The agenda included discussing various topics and making related decisions. The Chairman of the Board, Mohamed Thani Murshid Ghannam Al Rumaithi, and Managing Director, Hamad Salem Mohamed Saeed Al Ameri, were present.

The Corporate Governance Manual's Article 40, Clauses 1 & 2, allows shareholders who have the right to attend the general assembly to delegate someone other than the company's board members or staff, or a securities brokerage company or its employees, to attend and vote on their behalf. The delegated person must have a written delegation stating their right to attend and vote, and should not represent more than 5% of the company's issued capital. The shareholder's signature on the power of attorney must be approved by a Notary Public, a commercial chamber of economic department in the state, a bank or company licensed in the state, or any other entity licensed to perform attestation works. The proxy form should include the name and contact number of the shareholder and the brokerage firm who approved the proxy.

The Abu Dhabi National Company for Building Materials - Bildco (PJSC) is inviting its shareholders to attend the Annual General Assembly meeting on 25/04/2024. The meeting will be held at the company's headquarters and remotely. The agenda includes approving the company's activities and financial position for the fiscal year ending on 31/12/2023, discussing the company's budget, and considering the non-distribution of profits. Other points include approval of the Board of Directors’ remuneration policy, absolving the auditors of their liability, and appointing auditors and shareholders' representatives. Special decisions include the potential dissolution of the company and approval of the sale of the production line of the Bildco Steel Industries Factory. Shareholders must register to attend and vote electronically.

The text is a Sustainability Report for 2023 from Abu Dhabi Aviation, available on the website www.ada.ae. The report likely contains information about the company's environmental, social, and corporate governance (ESG) performance, as well as future sustainability goals. As it is a finance platform, users may be interested in this information for investment decisions.