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On April 29, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The letter was from Vicken Khochafian, the Board Secretary of the Dubai Taxi Company P.J.S.C., notifying him about a board meeting scheduled for May 07, 2024, at 3:00 pm at the company's headquarters. The agenda for the meeting includes discussions and approvals on the first quarter financials of 2024 and other operational and internal matters. A copy of the letter was also sent to the Securities and Commodities Authority.
SHUAA Capital psc has announced the re-election of three board members and the election of two new directors. Mr Badr Al Olama has been appointed as the new Chairman, with Nabil Ramadhan and Ahmed Al Ahmadi taking on the roles of Vice Chairman and Managing Director of the Board, respectively. The Acting CEO, Wafik Ben Mansour, expressed his enthusiasm for the new board and their collective vision to position SHUAA at the forefront of the region's asset management and investment banking sector.
Resolution No. 381 of 2024 announces the temporary suspension of trading on the shares of Gulf Investment House Company. This suspension is in accordance with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the company's AGM being held at 12:00 on 20-May-2024, which coincides with the trading session at ADX. Trading in GIH shares will be suspended from 09:00 on 20-May-2024 until ADX receives the AGM results. All department heads in ADX are instructed to execute this resolution in their respective fields. The resolution is to be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 29/04/2024 and has been approved by the authorised person.
On 29th April 2024, Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, received a notification about a board meeting of the Dubai Electricity and Water Authority PJSC (DEWA). The meeting is scheduled for Thursday, 9th May 2024 at 9:00 am. The agenda includes a review of the company's financial statements for the first quarter ending 31st March 2024 and discussion of other business matters. The notice was sent by Aakash Nijhawan, Group Head of Investor Relations at DEWA.