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Sukoon Insurance PJSC has informed the Dubai Financial Market that its Board of Directors passed a resolution on 7th May 2024. The resolution approved the Financial Statements for Quarter 1 2024 and the appointment of Mohammed Abdel Razek as the Vice Chairman of the Board, subject to UAE Central Bank Director Approval. The information was communicated by Louise O'Donnell, Head of Strategy, Intl. Op, Legal & Compliance at Sukoon Insurance.
Resolution No. (395) of 2024 temporarily suspends trading of the shares of Hayah Insurance Company P.J.S.C. This decision is due to the company's failure to submit their Board of Directors meeting result. The suspension will commence on 7-May-2024 and will last until the company discloses the results of the Board of Directors meeting. The resolution mandates all heads of departments in ADX to execute this decision in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by an authorized person and was issued on 07/05/2024.
A new contract series for equity futures products will be available for trading on the Dubai Financial Market from 9 May 2024 until 15 August 2024. The series includes futures contracts for various securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement and further details can be found on the Dubai Financial Market's website. It's noted that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation prevails in case of any inconsistency.
The General Assembly Meeting of ESG Emirates Stallions Group P.J.S.C was held electronically on Monday, May 6, 2024, at 3:00 PM. Shareholders representing 94.94% of the Group's share capital attended. Several key figures were present, including Mr. Ali Saeed Abdulla Sullayem Alfalasi (Deputy Chairman), Mr. Abdulla Rashed Alrashdi (Board Member), and executives such as the Group CEO, COO, CFO, Legal Advisor, and others. Some Board Members were absent due to prior engagements. The meeting, chaired by the Deputy Chairman, proceeded with the agenda items, and the presence of the required quorum was confirmed.
On 7 May 2024, the Board of Directors of ADNOC Logistics & Services PLC held a meeting at the ADNOC headquarters in Abu Dhabi. During the meeting, they approved the company's financial statements for the first quarter of the current financial year 2024. The Board also discussed recent developments related to the company's activities and projects. The information was relayed by the Chief Executive Officer, Abdulkareem Mubarak Almessabi. A copy of the communication was sent to the Securities and Commodities Authority (SCA).
The text is a Management Discussion & Analysis Report from Presight AI Holding PLC, discussing their Q1 2024 results. The report was released on 7 May 2024.
On May 7, 2024, a meeting was held by the Board of Directors of Presight AI Holding PLC. The meeting took place at 4:00 pm UAE time. During the meeting, the Board approved the company's financial statements for the three-month period ending March 31, 2024, and discussed other general business matters. The information was communicated by Mr. Thana Pramotedham, who serves as the Chief Executive Officer of the company. A copy of the information was also sent to the Securities and Commodities Authority.