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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Investcorp Capital PLC
Disclosures: Investcorp Capital PLC Execute a $800 Million Credit Facility

On 8 March 2024, Investcorp Capital plc entered into a new revolving credit facility agreement worth USD 800 million with a syndicate of regional and international banks. The credit facility, which is guaranteed by Investcorp S.A., is expected to positively impact Investcorp Capital plc's financial position. The initial utilization of the facility will be used to fully repay an intercompany receivable between a subsidiary of Investcorp Capital plc and Investcorp S.A. The additional funds will be used for Investcorp Capital plc's corporate purposes and to support its investment strategy. The financial impact will be reflected in the first quarter of 2024 ending 31 March 2024. The announcement was signed by H.E. Mohammed Alardhi, Chairman of the Board.

1. Disclosures: Investcorp Capital PLC Execute a $800 Million Credit Facility

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Alpha Dhabi Holding PJSC
Disclosures: Alpha Dhabi Holding PJSC list of nominees for BOD membership

1. Disclosures: Alpha Dhabi Holding PJSC list of nominees for BOD membership

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Alpha Dhabi Holding PJSC
Disclosures: Alpha Dhabi Holding PJSC Announcements

1. Disclosures: Alpha Dhabi Holding PJSC Announcements

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group Key Investor Information Document

1. Disclosures: AGTHIA Group Key Investor Information Document

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C - Sale of Treasury Shares

On 11/03/2024, GFH Financial Group B.S.C. announced the sale of 40,777,778 of its treasury shares, representing 1.06% of its total issued shares, to a strategic investor. As a result, the total number of treasury shares held by the company now stands at 57,969,050 shares, representing 1.51% of the total. The announcement was made by Mariam Jowhary, the Head of Compliance & AML of the company.

1. Disclosures: GFH Financial Group B.S.C - Sale of Treasury Shares

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C - Commencement of Treasury Shares Buyback

GFH Financial Group B.S.C. announced on 11/03/2024 that it has received approval from the Central Bank of Bahrain (CBB) to repurchase its shares. The repurchase is in line with the Ordinary General Meeting's resolution dated 14th October 2021, which approved the repurchase of up to 10% of the Group's total issued shares (treasury shares). The company will begin the share repurchase from 12th March 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Disclosures: GFH Financial Group B.S.C - Commencement of Treasury Shares Buyback

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From United Fidelity Insurance Company (P.S.C)
Disclosures: United Fidelity Insurance Company (P.S.C) Announcement of Board Meeting to be held on 14/03/2024 at 13:00

1. Disclosures: United Fidelity Insurance Company (P.S.C) Announcement of Board Meeting to be held on 14/03/2024 at 13:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Abu Dhabi National Takaful Co.
Disclosures: Abu Dhabi National Takaful Co. Board Meeting Results held on 06/03/2024 at 11:00

On March 6, 2024, the Abu Dhabi National Takaful Company - PSC -Takaful held a board meeting with all nine members present. The meeting approved the minutes of the previous board meeting and the company's financial statements for the period ending December 31, 2023. The board also approved the invitation to the general assembly meeting scheduled for April 16, 2024, and the meeting's agenda, pending necessary approvals from competent authorities. The board proposed cash dividends of AED 31,500,000.00, representing 30.00% of the paid capital or 31.50 fils per share, to be presented to the General Assembly. Additionally, the board approved the reformation of its committees and discussed and approved general operational issues. The meeting was signed off by the CEO, Osama Abdeen.

1. Disclosures: Abu Dhabi National Takaful Co. Board Meeting Results held on 06/03/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Oman & Emirates Investment Holding Co
Disclosures: Oman & Emirates Investment Holding Co Board Meeting Results held on 11/03/2024 at 14:00

1. Disclosures: Oman & Emirates Investment Holding Co Board Meeting Results held on 11/03/2024 at 14:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
3 years ago
News Update From Oman & Emirates Investment Holding Co
Disclosures: Oman & Emirates Investment Holding Co Financial Results Summary for the Period Ended December 31,2023

1. Disclosures: Oman & Emirates Investment Holding Co Financial Results Summary for the Period Ended December 31,2023

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