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SHUAA Capital p.s.c., a financial investment company based in Dubai, has postponed its scheduled Board of Directors meeting to a later date. The new date for the meeting will be announced to the shareholders within the upcoming week. The notice of adjournment was sent by the company's Chief Legal and Compliance Officer, Bachir Nawar.
The Mashreqbank PSC, located in Dubai, UAE, has issued a final list of candidates for its Board Membership. This list comes after the approval of the candidates by the UAE Central Bank and the Board Nomination & Compensation Committee, in compliance with governance regulations. The candidates include Abdulaziz Al Ghurair, Ali Lootah, Iyad Malas, John Iossifidis, Rashid Al Ghurair, Saeed Al Ghurair, Rashid Al Jarwan, Mariam Ghobash, and Ahmad Al Khallafi. The information was conveyed by Shaima Al Obeidli, the Group Company Secretary, to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market.
Resolution No. (309) of 2024 dictates the temporary suspension of trading on the shares of RAK Ceramics PJSC. This is due to the company's AGM being held at 11:00 on 26-Mar-2024, a time that coincides with the trading session at ADX. As such, trading in RAKCEC shares will be suspended from 09:00 on 26-Mar-2024 until ADX receives the AGM results. All heads of departments in ADX are tasked with executing this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. It has been approved by the authorized person and was issued on 01/03/2024.
The board meeting of Taaleem Holdings PJSC took place on February 29, 2024. The meeting, which started at 3:00 pm and ended at 5:00 pm, was attended by eight board members, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was the CEO, Alan Williamson.