Press releases, Reports & Disclosures for Commercial Bank of Dubai P.S.C.
The text refers to the condensed consolidated interim financial statements of the Commercial Bank of Dubai PSC for the six-month period ending on June 30, 2024.
On 24 July 2024, a Board of Directors meeting for the Commercial Bank of Dubai P.S.C. was held at 9:00 a.m. During the meeting, the board approved the minutes of the previous meeting held on 24 April 2024, approved the financial statements for the second quarter of 2024, and discussed normal business activities. The meeting was documented by Mr. Ahmed Ali Al Jaziri, the Board Secretary, and a copy of the minutes was sent to the Securities and Commodities Authority.
A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. will be held on Wednesday, 24th July 2024 at 9:00 a.m. The agenda includes approving the minutes of the previous meeting held on 24th April 2024, approving the financial statements for Q2 of 2024, discussing normal business activities, and addressing any other business. The outcome of the meeting will be communicated immediately afterward.
The text appears to be the title and date of a Management Discussion and Analysis Report for the first quarter of 2024, issued on 24th April 2024. This report is likely to contain a detailed overview of a company's financial performance and other relevant operational activities during the first quarter of the year.
The document presents the condensed consolidated interim financial statements of the Commercial Bank of Dubai PSC Group for the three-month period ending on 31 March 2024.
On April 24, 2024, a Board of Directors meeting was held by the Commercial Bank of Dubai P.S.C. The board approved the minutes from the previous meeting held on March 6, 2024, and the financial statements for Q1 of 2024. They also discussed normal business activities. The information was communicated to the CEO of Dubai Financial Market, Mr. Hamed Ahmad Ali, by the Board Secretary, Mr. Ahmed Ali Al Jaziri.
A letter dated 17th April 2024 was sent to Mr. Hamed Ahmad Ali, the CEO of Dubai Financial Market, from Mr. Ahmed Ali Al Jaziri, the Board Secretary of Commercial Bank of Dubai P.S.C. The letter informs Mr. Hamed of a Board of Directors meeting scheduled for 24th April 2024 at 9:00 a.m. The agenda for the meeting includes approval of minutes from the previous meeting held on 6th March 2024, approval of the bank's financial statements for Q1 2024, discussion of normal business activities, and any other business. The outcomes of the meeting will be shared with Mr. Hamed immediately after the meeting.
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 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.
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.