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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Transferring the listing of AMLAK Company’s shares from the second category to the first category as of March 28, 2024, based on the Chairman of the Authority’s Board of Directors’ Decision No. (13/R.M.) of 2020 regarding procedures for dealing with troub
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Emirates Driving Company
Disclosures: Emirates Driving Company AGM Results held on 27/03/2024 at 13:00

On March 27th, 2024, the Emirates Driving Company PJSC held its Annual General Meeting, both physically and virtually, from 1:00 pm to 1:20 pm. The meeting, chaired by Khalifa Abdulla Al Romaithi, had a quorum of 63.30% attendance through electronic voting. During the meeting, the Board of Directors' report on the company's activity and financial position for the fiscal year ending on December 31, 2023, was approved. The Auditor's report for the same fiscal year was also approved. The company's balance sheet and profit and loss account for the fiscal year were approved. The Board's proposal to distribute cash dividends by 34% of paid capital for the fiscal year, amounting to AED 183,164,256 or 17 fils per share, was approved. Proposals concerning the remuneration of the Board of Directors and discharging the board members and auditors for the fiscal year 2023 were also approved.

1. Disclosures: Emirates Driving Company AGM Results held on 27/03/2024 at 13:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Fujairah Cement Industries
ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 24 Apr 2024

Resolution No. 349 of 2024 has been issued concerning the temporary suspension of trading on the shares of Fujairah Cement Industries. The suspension is due to the company's AGM being held at 11:00 on 24-Apr-2024, which coincides with the trading session at ADX. Trading in FCI shares will therefore be suspended from 09:00 on 24-Apr-2024 until ADX receives the AGM results. The heads of departments in ADX are tasked with executing this resolution 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 the authorized person and was issued on 27/03/2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 24 Apr 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Al Dhafra Insurance Co.
Disclosures: Al Dhafra Insurance Co. AGM Results held on 26/03/2024 at 11:00

1. Disclosures: Al Dhafra Insurance Co. AGM Results held on 26/03/2024 at 11:00

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on AGLTY shares starting from 2:30 PM (UAE time)as its BOD meeting is being held today, 27-03-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on UPP shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 27/03/2024 is the last trading date to entitle for TABREED’s cash dividend
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 - Purchase of Treasury Shares

GFH Financial Group has announced the purchase of 45,582,673 of its own shares, also known as treasury shares. This acquisition increases the company's total holding of treasury shares from 268,565,465 shares (representing 7.01% of the total issued shares) to 314,148,138 shares (representing 8.20% of the total issued shares) as of March 27, 2024. The decision to purchase these shares was made by the board of directors in September 2021 and approved by the authority in March 2024. The average purchase price was USD 3110 per share, representing 1.189% of the issued capital.

1. Disclosures: GFH Financial Group B.S.C - Purchase of Treasury Shares

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Sudatel Telecommunications Group Company Limited
Disclosures: Sudatel Telecommunications Group Company Limited Board Meeting Results held on 26/03/2024 at 13:00

The Board of Directors of Sudatel Telecom Group Ltd. held its regular meeting No. 1/2024 on Tuesday, 26/03/2024. They approved the audited consolidated financial statements for the year ended 31 December 2023.

1. Disclosures: Sudatel Telecommunications Group Company Limited Board Meeting Results held on 26/03/2024 at 13:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Sudatel Telecommunications Group Company Limited
Disclosures: Sudatel Telecommunications Group Company Limited Financial Results for the Period Ended December 31,2023

1. Disclosures: Sudatel Telecommunications Group Company Limited Financial Results for the Period Ended December 31,2023

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