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HAYAH Insurance Company P.J.S.C, a public joint stock company with a paid-up capital of AED 200 million, is located on the 16th floor of the Sheikh Sultan Bin Hamdan Building on Corniche Road in Abu Dhabi, UAE. The company, registered at the Central Bank of the UAE, has a meeting scheduled for Wednesday, March 13, 2024, at 11:00 AM. The meeting's agenda includes approval of previous meeting minutes, discussion and approval of audited financial statements for 2023, discussion of the Annual General Assembly Agenda, and setting the date and time for that meeting. The CEO, Mr. Mohamed Seghir, is the authorized signatory. A copy of the meeting's details has been forwarded to the Security and Commodities Authority (SCA).
On 7th March 2024, Ras Al Khaimah (RAK) Police signed a Memorandum of Understanding (MoU) with Presight during the World Police Summit in Dubai. The aim of this partnership is to utilize Presight's big data analytics and artificial intelligence (AI) to enhance operations and public safety. The agreement also includes the deployment of Presight's latest technology solutions and the provision of training and awareness programs for RAK Police's staff through Presight's R&D centers. The focus of these programs will be on the General Administration of Artificial Intelligence.
The Board of Directors of ADNOC Gas Plc passed a written resolution on 6 March 2024, approving the company's consolidated audited annual financial statements for the financial year ended 31 December 2023. The resolution was circulated at 6 p.m. UAE time. The information was shared by Dr. Ahmed Mohamed Alebri, the Chief Executive Officer of ADNOC Gas Plc, with the Abu Dhabi Securities Exchange and the Securities and Commodities Authority.
The MBME Pay Payment Services Provider, part of the MBME Group, has signed an agreement with Deem Finance L.L.C. to utilize their digitization services. The primary objective of this agreement is to allow customers to take advantage of the digital services provided by MBME, in order to meet their needs and keep up with the ongoing digital development. The agreement is seen as a significant milestone in the evolution of the MBME Group.
The letter is from the Commercial Bank of Dubai P.S.C. to Mr. Hamed Ahmad Ali, the CEO of Dubai Financial Market. It reports on the Annual General Meeting of the bank held on 6th March 2024. Key resolutions from the meeting include the approval of the directors' report, the auditors' report, the Internal Sharia Supervision Committee's report, and the Consolidated Financial Statements for the year ended 31st December 2023. Additionally, a cash dividend distribution equivalent to 50% of the net profit for 2023, totaling AED 1,324,828,187, was approved.