Latest Threads on News from companies

A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. took place on Wednesday, December 11, 2024, at 9:00 a.m. During the meeting, the minutes of the previous meeting held on October 23, 2024, were approved, and normal business activities were discussed. The communication was addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and a copy was sent to the Securities and Commodities Authority. The letter was signed by Mr. Ahmed Ali Al Jaziri, the Board Secretary.

Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has announced its diamond sponsorship of the International District Energy Association (IDEA) conferences and exhibitions in 2025 for the second year in a row. This sponsorship is part of Empower's Sustainable Sponsorship Program and includes major events such as IDEA Campus Energy 2025. The initiative aims to enhance collaboration and expertise exchange with key stakeholders in the energy and district cooling sectors, emphasizing Empower's role in driving sustainability in the industry. Empower's CEO, H.E. Ahmad Bin Shafar, highlighted the company's commitment to innovation and resilience in energy systems, while IDEA President Rob Thornton expressed gratitude for Empower's support and strategic vision. The sponsorship allows Empower to showcase its global leadership in efficient energy and district cooling solutions and the UAE's leadership in addressing energy and climate challenges.

The letter is from Alan Williamson, the Chief Executive Officer of Taaleem Holdings PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. It informs him about a scheduled Board of Directors meeting for Taaleem Holdings PJSC on Thursday, December 12, 2024, at 3:00 pm. The meeting will be held at the company's office and via remote attendance to discuss routine business issues, follow up on the company's activities, and address any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.

The text provides instructions for completing and submitting a proxy form for shareholders of Gulf Navigation Holding Company (PJSC). Shareholders are required to fill out the form, appoint a representative to vote on their behalf at the Annual General Assembly meeting scheduled for January 2, 2025, at 3 PM, and send it along with the necessary documents to the specified email address: CapitalMarketsTeam@adcb.com. The form requires details such as the shareholder's number, contact information, date, and signature, as well as the name and contact details of the financial broker or entity that verified the proxy. The meeting will be held both in-person and virtually.

Sukoon Insurance PJSC held a Board of Directors meeting on December 10, 2024, at their head office in Dubai and via video conferencing. The board reviewed and approved the Nomination and Remuneration Committee Charter and decided to initiate the nomination process for electing a new Board of Directors, pending approval from the Securities and Commodities Authority (SCA) on December 23, 2024. They also conducted a general review of the company's business. The communication was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the SCA.