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The Board of Directors of BAYANAT AI PLC will issue a written resolution on 12 March 2024 at 4:00 pm. The resolution will address three key points: the invitation to the Company's Annual General Assembly meeting, scheduled for 25 April 2024 at 3:00 pm (UAE time); the approval of the shareholders' circular pertaining to the Company's merger with Al Yah Satellite Communications Company PJSC ("Yahsat"); and the approval of the change of Bayanat's legal name to 'Space42 PLC', along with the amended and restated Articles of Association of the Company. The last point is subject to obtaining approval from relevant authorities on the merger and the terms and conditions of the Merger Agreement.
Dana Gas PJSC has scheduled a board meeting for 13th March 2024. The meeting will discuss the company's operations in Egypt, the United Arab Emirates, and the Kurdistan Region of Iraq, as well as the Directors' Report and auditor's report for 2023. The Financial Statements for 2023 and a proposal not to distribute dividends for the same year will also be discussed. Other topics include the 2023 Reserves Report, a proposed amendment to the Articles of Association, and an invitation to the Annual General Meeting of Shareholders in April 2024. The meeting will be authorized by Omran Al Zamani, the Board Secretary.
The National Bank of Fujairah PJSC held a General Assembly Meeting on 7 March 2024, from 12 noon to 12:25 pm at the Novotel Hotel in Fujairah, United Arab Emirates. The meeting was also accessible remotely via the Webex platform. The attendees included the Chairman, His Highness Sheikh Saleh Bin Mohamed Bin Hamad Al Sharqi, Deputy Chairperson Dr. Raja Easa Saleh Al Gurg, and members Sheikh Hamad Bin Saleh Bin Mohamed Al Sharqi, Mr. Hussain Mirza Al Sayegh, Mr. Saif Sultan Al Salami, Mr. Mohamed Obaid Bin Majed Al Aleeli, Mr. Ahmed Saeed Al Raqbani, and Mr. Khalil Ebraheim Hassan Ahmed. Member Mr. Abdulla Fareed Al Gurg did not attend the meeting.
The Board of Directors of Unikai Foods PJSC is inviting shareholders to attend the Annual General Assembly Meeting, to be held both virtually and physically at the company's premises in Dubai on Tuesday 2nd April 2024. The meeting will review and approve the company's activities and financial position for the year ending 31/12/2023, the company's auditor's report, and the financial statements. The proposal to distribute 20% bonus shares as dividends for the fiscal year 2023 will be considered. The remuneration of the Board of Directors, amounting to AED 1,400,000, will be reviewed and approved. The meeting will also consider discharging the Board and auditors of liabilities for 2023, or filing liability claims against them. The appointment of auditors for 2024 and their fees will be approved. The appointment of Dr. Hashem Salem AlDash as a board member, replacing Mr. Osama Seddiqi, will be ratified. An update on the sale process of shareholder's stake in the company will be provided. The estimated transactions with related parties for 2024 will also be reviewed and approved.
On March 6, 2024, a Board of Directors meeting of the Commercial Bank of Dubai P.S.C. was held. During the meeting, H.E Ahmad Abdulkarim Mohammad Julfar was elected as the Chairman of the Board of Directors, and H.E Ahmad Abdulla Juma Binbyat was elected as the Deputy Chairman. The decision to nominate the Chairmen and Members of the Board of Directors Committees was postponed.
The text discusses proposed amendments to the basic system of the Arab Scandinavian Insurance Company - Takaful - (Askan for Insurance).