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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Gulf Pharmaceutical Industries
ADX Disclosures: Temporary suspension of trading on the shares of Gulf Pharmaceutical Industries on 14 Mar 2024

Resolution No. 322 of 2024 announces the temporary suspension of trading for the shares of Gulf Pharmaceutical Industries. This suspension is in accordance with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to a Board of Directors Meeting for Gulf Pharmaceutical Industries, which coincides with the trading session at ADX. Trading of the company's shares will be suspended from 09:00 on 14-Mar-2024 until ADX receives the meeting results. The resolution instructs all departments in ADX to execute this resolution and it will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 11/03/2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Gulf Pharmaceutical Industries on 14 Mar 2024

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Dubai Financial Market announces the periodic review of the general market index and the Sharia index, as of March 18, 2024
Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From GFH Financial Group B.S.C.
Disclosure: Post share selling announcement

On March 11, 2024, GFH Financial Group B.S.C. announced the sale of 40,777,778 of its treasury shares, which represents 1.06% of its total issued shares, to a strategic investor. This sale reduces the total number of treasury shares held by the company to 57,969,050, representing 1.51% of the total shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

1. Disclosure: Post share selling announcement

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Aram Group
ADX Disclosures: Temporary suspension of trading on the shares of ARAM GROUP PJSG on 14 Mar 2024

Resolution No. 321 of 2024 temporarily suspends trading of Aram Group shares on the ADX platform. This decision is in line with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension will be in effect from 09:00 on 14-Mar-2024, coinciding with the Aram Group Board of Directors Meeting. Trading will resume once the ADX receives the meeting results. The resolution instructs all department heads at ADX to enforce this decision 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 was approved by the authorized person and issued on 11/03/2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of ARAM GROUP PJSG on 14 Mar 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From National Bank of Umm Al Qaiwain
Disclosures: National Bank of Umm Al Qaiwain AGM Results held on 11/03/2024 at 11:00

1. Disclosures: National Bank of Umm Al Qaiwain AGM Results held on 11/03/2024 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: Futures Contracts - Margin Parameters

The Dubai Financial Market (DFM) has released margin parameters effective from 11th March 2024 for various underlying symbols including AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The base margin percentage ranges from 5% to 16%, with the base margin per contract and spread margin per contract also specified for each symbol. The methodology for Margin calculation and types of Eligible Margin can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the DFM website. The information is subject to change and is not a substitute for the relevant DFM Regulated Derivative Contract Trading Regulation.

1. DFM News: Futures Contracts - Margin Parameters

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From National Corporation for Tourism & Hotels
ADX Disclosures: NCTH Resumption Notice

1. ADX Disclosures: NCTH Resumption Notice

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From National Marine Dredging Co.
ADX Disclosures: NMDC Resumption Notice

The National Marine Dredging Company held its General Assembly Meeting on March 8, 2024, with an 88.53% quorum achieved through electronic voting. The meeting approved several resolutions, including the Board of Directors' report on the company's activities and financial position for 2023, the external auditor's report, the balance sheet and profit and loss account, and a cash dividend distribution of AED 618,750,000. The meeting also approved a payment of AED 20 million to the Board of Directors as remuneration and absolved both the Board and the external auditors of liability for 2023.

1. ADX Disclosures: NMDC Resumption Notice

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 BHMCAPITAL shares starting from 11:00 AM as its General Assembly is being held today, 11/03/2024 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of BHMCAPITAL is being held on 11/03/2024

BHM Capital Financial Services PSC has postponed its General Assembly Meeting due to the absence of a quorum. The delay is necessary to complete the required legal documents for the registration and attendance of the main investor's representative. The second General Assembly Meeting has been rescheduled for March 11, 2024, at the same time and location as previously planned. The notice was submitted through the EFSAH system to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market.

1. DFM News: Reminder: General Assembly of BHMCAPITAL is being held on 11/03/2024

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