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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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Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Sukoon Insurance PJSC
Disclosure: List of nominees

Sukoon Insurance PJSC, located in Dubai, United Arab Emirates, has a paid-up capital of AED 461,872,125. It is licensed by the Central Bank of the UAE under the license number 9, dated 24/12/1984, and has a tax registration number of 100258594900003. The company is in the process of listing nominees for its Board of Directors. One of the nominees is Ms. Hamda Moosa Abdulla Hussain Al Shamali, who currently serves as a Group Chief People & Intellectual Capital Officer and is a UAE national.

1. Disclosure: List of nominees

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Al Mazaya Holding Company
Disclosure: Convocation of the AGM for Al Mazaya Holding Co.

1. Disclosure: Convocation of the AGM for Al Mazaya Holding Co.

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From United Foods Company (PSC)
Disclosure: Announces the results of its BOD meeting held on 28/02/2024

1. Disclosure: Announces the results of its BOD meeting held on 28/02/2024

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From SHUAA Capital PSC
Disclosure: Notification from the company

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 Mr. Ajit Joshi, MD, Head of Private Markets. Mr. Joshi is leaving his position for personal reasons and will serve a one-month notice period, during which he will continue to support business activities.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Commercial Bank of Dubai P.S.C.
Disclosure: BOD meeting

A Board of Directors meeting for the Commercial Bank of Dubai P.S.C. is scheduled for Wednesday, 6th March 2024 at 6:30 p.m. Items on the agenda include the election of the Chairman and Deputy Chairman of the Board of Directors and the appointment of the Board of Directors Committee's Chairmen and Members. The outcomes of the meeting will be shared immediately afterwards.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Taxi Company PJSC
Disclosure: Earnings Call

On 28 February 2024, Rami Mohammad Al Banna, the Head of Investor Relations at Dubai Taxi Company PJSC, sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informed him about the company's earnings call scheduled for 5 March 2024 at 3:00 pm. The purpose of the call is to discuss the financial results for the year ended 31 December 2023. The Securities and Commodities Authority was also copied in the letter.

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From ARAMEX PJSC
Disclosure: Invitation of General Assembly

The text is a clarifying disclosure regarding the approval of agencies, as per Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. It states that any shareholder who has the right to attend the General Assembly can delegate someone who is not a Board member or a staff member of the company to attend and vote on their behalf. This delegate, however, cannot represent more than 5% of the company's issued capital. The shareholder's signature on the power of attorney must be approved by a recognized authority. The proxy form should include the contact information of the shareholder and the brokerage firm that approved the proxy. For further inquiries, readers are directed to a provided phone number and email address.

1. Disclosure: Invitation of General Assembly 2. Disclosure: Invitation of General Assembly 3. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From National General Insurance Company P.J.S.C
Disclosure: BOD meeting

1. Disclosure: BOD meeting

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)
ADX Disclosures: FIDELITYUNITED Resumption Notice

1. ADX Disclosures: FIDELITYUNITED Resumption Notice

Dubai Financial Market News profile image
Dubai Financial Market News
3 years ago
News Update From Dubai Islamic Bank
Disclosure: Press Release

Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, has concluded its Annual General Assembly (AGA) with the approval of a 45% cash dividend for 2023. The bank's 2023 financial statements showed a record growth in profitability, including a 43% rise in total income to AED 20 billion, leading to the highest net profit in the bank's history of over AED 7 billion, a year-on-year increase of 26%. The bank's balance sheet also expanded to AED 314 billion. The AGA also approved the election and appointment of the bank’s Internal Sharia Supervision Committee for a three-year term ending in February 2027, the appointment of external auditors for 2024, and representatives for shareholders.

1. Disclosure: Press Release

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