Press releases, Reports & Disclosures for Hayah Insurance Company P.J.S.C

HAYAH Insurance Company P.J.S.C., a Public Joint Stock Company funded by a paid-up capital of AED 200 million, is registered at the Central Bank of the UAE with registration Nr.83 dated 16/09/2008. The company is located on the 16th floor of the Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE. On 13 November 2023, the company held a board meeting from 11:00 AM to 12:30 PM with all nine board members present. The board approved the Annual Audited Financial Statements for the period ended 31st September 2023 and discussed the latest developments in business and administrative matters. The meeting was signed off by the Chief Executive Officer, Mohamed Seghir.

Resolution No. (248) of 2023 announces the temporary suspension of trading on the shares of Hayah Insurance Company P.J.S.C. The suspension is due to a Board of Directors meeting scheduled for 11:00 on 13-Nov-2023, which overlaps with the trading session at ADX. As a result, trading in GCIC shares will be halted from 09:30 on 13-Nov-2023 until ADX receives the meeting results. All department heads at ADX are instructed to implement 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. The resolution was approved by the authorized person and issued on 09/11/2023.

HAYAH Insurance Company P.J.S.C., a public joint stock company with a paid-up capital of AED 200 million, is registered at the Central Bank of the UAE with registration number 83 dated 16/09/2008. The company is located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE. The company has scheduled a meeting on Monday, November 13, 2023, starting at 11:00 AM to discuss and approve the audited financial statements for the third quarter of 2023 and to discuss administrative and operational business matters. The authorized signatory is Mr. Mohamed Seghir, the Chief Executive Officer. A copy of this information has been sent to the Security and Commodities Authority (SCA).

On November 3, 2023, HAYAH Insurance Company announced the appointment of Mr. Mohamed Abdullatif Kanoo as the Chairman of the Board and Dr. Tariq Abdulqader Bin Hendi as the Vice Chairman of the Board of Directors. Their term will expire in April 2024.