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Gulf Navigation Holding PJSC, listed on the Dubai Financial Market, announced it will hold its Annual General Assembly Meeting on April 24, 2026, at ME Dubai Hotel, with options for remote participation. This meeting is part of the company's strategic transformation, focusing on operational enhancements and business expansion in maritime logistics and energy infrastructure. Shareholders will review financial statements, the Board of Directors’ report, and the external auditor’s report. The agenda includes electing seven Board members and considering resolutions to support growth, such as a name change to "Etihad Energy Holding PJSC," amendments to the Articles of Association for better governance, and a share buyback program of up to 5%. These measures aim to enhance the company's market position, support sustainable growth, and increase shareholder value.
Dubai National Insurance and Reinsurance (PSC) plans to purchase real estate units in Al Habtoor Tower, Dubai, from Dubai National Investment LLC for AED 110 million, subject to General Assembly approval. The purchase is intended for investment purposes and will be paid in installments. Dubai National Investment LLC owns 10.2% of DNIR shares. This transaction represents 95.2% of DNIR's capital. The deal is expected to diversify DNIR's investment portfolio and generate rental income. UHY James Chartered Accountants evaluated the transaction, and the terms are deemed fair and beneficial to shareholders. The Acting CEO, Charbel Yazbeck, has confirmed the details.