Latest Threads

Salik Company PJSC has invited shareholders to its Annual General Assembly Meeting (AGM) on 04 April 2024. The meeting will be held both virtually and physically at the InterContinental Dubai Festival City hotel. The agenda includes approving the meeting secretary and vote collectors, reviewing and approving the company's 2023 financial reports, and considering a proposal for a cash dividend distribution. Other items include reviewing the Board of Directors' remuneration, and discussing potential actions regarding the board members for the fiscal year ended on 31 December 2023.

Resolution No. 318 of 2024 announces the temporary suspension of trading on the shares of Oman & Emirates Investment Holding Co. This decision is in line with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the Board of Directors Meeting of the company coinciding with the trading session at ADX on 11-Mar-2024. Trading will be suspended from 09:00 on 11-Mar-2024 until the ADX receives the meeting results. The resolution instructs all department heads at ADX to execute this decision in their respective fields and to circulate the resolution to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 06/03/2024.

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the resignation of its Group Chief Legal and Compliance Officer, Mr. Bachir Nawar. Mr. Nawar has resigned for personal reasons and will serve a notice period of two months, during which he will continue to support the company and ensure smooth continuity of business activities.

SHUAA Capital p.s.c., a financial investment company based in Dubai, held a board meeting where they discussed the progress of their capital structure optimization plan and other business-related matters. They are in conversation with bondholders about potentially extending the bond's maturity date. The company plans to update shareholders on these developments at the Annual General Assembly Meeting in April 2024. The information was relayed by Bachir Nawar, Chief Legal and Compliance Officer of SHUAA Capital.

The General Assembly Meeting of Apex Investment PSC took place on Tuesday, 5th March 2024, starting at 3:00 PM and ending at 3:10 PM. The meeting was chaired by Khalifa Khoury and was held at the company's head office in Abu Dhabi, as well as virtually. The attendance included 0.01% personal attendance, 84.12% proxy, and 84.14% through electronic voting. Decisions made included the election of new board members. The special decisions included the appointments of Ahmed Amer Omar as Managing Director, Hamad Khlfan Ali Matar Al Shamsi, Futoon Hamdan Mohamed Saif Al Mazrouei, and Saie Thomas.