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The Board of Directors of Air Arabia Company (PJSC) has invited its shareholders to attend the Annual General Assembly Meeting (AGM) on 15/03/2024, at 11:00 am. The meeting will be held both virtually and physically at the Air Arabia Head Office. The agenda will include approval of the Board of Directors’ Report, the Auditor’s Report, the Balance Sheet and Profit & Loss Account for the fiscal year ended on 31/12/2023, and a proposal for cash dividends of 20% of the share capital. The meeting will also discuss discharging the Board of Directors and Auditors from liabilities for the fiscal year ended on 31/12/2023, and appointing external Auditors for the fiscal year 2024. Electronic registration, attendance, and voting will be facilitated, with a link sent to shareholders a day prior to the AGM.
The text presents the consolidated financial statements of Emaar Development PJSC and its subsidiaries for the fiscal year ending on 31st December 2023.
Emirates Driving Company, established in 2000, is a public shareholding company partly owned by the Abu Dhabi Government. The company was founded to reduce traffic accidents and enhance driver training. They have collaborated with the Swedish National Road Safety Commission (SweRoad) to develop an advanced driving education system. The company has received multiple ISO certifications over the years, including ISO 9001-2008, ISO 14001:2015, ISO 39001:2012, and ISO 31000:2018, reflecting their commitment to quality, environmental management, road safety, and risk management respectively. Their vision is to lead in promoting safer roads in the region, and their mission involves investing in new technologies and innovative operating models. The company's executive management is committed to providing high-quality traffic culture and leadership training, increasing traffic safety awareness, and exceeding customer expectations.
The first board meeting of 2024 for the Abu Dhabi National Company for Building Materials - BILDCO (PJSC) will be held on Thursday, 21/03/2024 at 14:00 PM. The agenda includes approving the minutes of the 2023 board meeting, approving the 2023 financial statements, approving the audit firms for 2024, approving the list of shareholder representatives for 2024, determining the date of the annual general meeting for 2023, and discussing any other matters.
GFH Financial Group B.S.C has announced the acquisition of 10,923,830 of its own treasury shares, increasing its total holding of treasury shares from 148,193,606 (3.87% of total issued shares) to 159,117,436 (4.15% of total issued shares) as of March 15, 2024. The decision to purchase the shares was made during a board meeting in September 2021 and received regulatory approval in March 2024. The shares were purchased at an average price of USD 8720 each.