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A three-bedroom penthouse at Aldar's Nobu Residences in Abu Dhabi has been sold for AED 137 million, setting a new record for the most expensive apartment ever sold in the city. The unit, which spans a total area of 1,430 sqm, also establishes a new benchmark for price per square metre at over AED 96,000. The sale follows the recent transaction of a sky villa at the same residence for AED 130 million. The high price reflects the growing appeal of Abu Dhabi as a desirable place to live and invest, driven by its business-friendly environment, entertainment offerings, beachside living, and incentives such as the 10-year Golden Visa programme.
GFH Financial Group announced that the Ordinary General Meeting scheduled for 17th March 2024 did not meet the required quorum as the quorum reached was 25.68%. As a result, the second meeting has been rescheduled for 24th March 2024 at 09:30 p.m. at GFH House, Bahrain Financial Harbour - Sea Front. In light of the rescheduling, the company also updated its dividend distribution dates. The General Meeting Date is now 24th March 2024, Cum-Dividend Date is 1st April 2024, Ex-Dividend Date is 2nd April 2024, Record Date for Bahrain Bourse, Dubai Financial Market and Abu Dhabi Securities Exchange listed shares is 3rd April 2024, Record Date for Boursa Kuwait listed shares is 4th April 2024, and Payment Date is 16th April 2024. These dates are subject to a quorum being met on the rescheduled meeting date.
The 26th Ordinary General Assembly Meeting of Ooredoo (Q.P.S.C) was held on 6th March 2024 in Doha, Qatar. The meeting was attended by the board of directors, representatives from PwC, the Ministry of Commerce and Industry, and shareholders. The Chairman of the Board of Directors, H.E. Sheikh Faisal Bin Thani Al Thani, opened the meeting and the appointment of Mr. Hilal bin Mohammed Al -Khulaifi as the "Rapporteur of the meeting" and Mr. Hassan bin Nabeel Al-Kuwari as Assistant Rapporteur were approved by the General Assembly. The agenda was also approved and the meeting proceeded to discuss the company's business plans and the Board's report for the year ended 31 December 2023.