Latest Threads on News from companies
Threads on regulatory news from companies
Empower, the world's largest district cooling services provider, has launched a smartphone app for its customers to manage their accounts more easily. Available on both Android and Apple devices, the app can be downloaded from the Apple Store and Google Play Store. It is designed to enhance customer convenience and service experience by offering a range of features such as easy registration, account access, bill payment, and real-time service tracking. The app aims to provide a user-friendly experience for individual and corporate customers, enabling them to manage their services seamlessly. CEO Ahmad bin Shafar emphasized the importance of using technology to meet customer expectations for remote access to services.
The Board of Directors of Dubai Insurance Company invites shareholders to the Annual General Assembly meeting on Wednesday, April 9, 2025, at 11:00 AM, either in person at the company headquarters or via remote video technology. The agenda includes reviewing and approving reports from the Board of Directors and auditors for the fiscal year ending December 31, 2024, discussing the company's balance sheet and profit and loss account, and considering proposals for cash dividends and Board member remuneration. Additionally, the agenda includes discharging or removing Board members and auditors, appointing auditors for 2025, and approving the appointment of Mr. Mohamed Abdelaziz Ali Alowais as an independent, non-executive board member, pending approval from the CBUAE. Shareholders may delegate their attendance rights to someone else, excluding Board members, through a special written proxy.
Salik Company PJSC's Board of Directors invites shareholders to attend the Annual General Assembly Meeting on April 9, 2025, at 12:00 PM, both virtually and physically at Palazzo Versace, Dubai. Shareholders will receive the meeting link via email and text. The agenda includes reviewing and approving the Board's and Auditor's reports, the company's financial statements, and a proposal for cash dividends distribution totaling AED 1,164,560,713 for 2024. Other items include discharging or holding accountable the Board and auditors, electing new Board members for 2025-2028, and setting the auditors' remuneration for 2025. Shareholders must register online to vote and can attend the meeting virtually or appoint proxies. The quorum requirement is 50% of the company's capital, with a second meeting scheduled if not met. Shareholders can review financial documents on the DFM and company websites.
Union Properties PJSC has invited its shareholders to attend the Annual General Assembly Meeting on April 9, 2025, at the Ritz Carlton Hotel in Dubai and virtually. The agenda includes authorizing the meeting's chairman to appoint a secretary and vote collector, reviewing and approving reports from the Board of Directors, CEO, and auditors for the year ending December 31, 2024, and discussing financial statements and a capital reduction plan. The meeting will also address accumulated losses, auditor and director liabilities, remuneration for the Board, and the appointment of auditors for the next year. Special resolutions will consider reducing the company's capital to address accumulated losses. Shareholders can register for electronic attendance and voting, and proxies are allowed under certain conditions. If the required quorum is not met, a second meeting will be held on April 22, 2025. Additional details and reports are available on the company's and Dubai Financial Market's websites.