Latest Threads on News from companies

Threads on regulatory news from companies

Dubai Financial Market News

Dubai Financial Market News

News Update From National General Insurance Company P.J.S.C

Disclosure: Financial statements for the 3rd QTR of 2024

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Financial statements for the 3rd QTR of 2024

The document is the unaudited interim condensed consolidated financial information for Agility Public Warehousing Company K.S.C.P. and its subsidiaries as of September 30, 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Results of BOD Meeting

On 12 November 2024, Agility's Board of Directors met and approved the interim financial statements for the period ending 30 September 2024. In accordance with Boursa Kuwait's resolution no. 1 of 2018, Agility will hold a quarterly Analyst/Investor Conference via a live webcast on 20 November 2024 at 2:00 pm local time. Instructions for participation are available on Agility's website under the Investor Relations page. For further clarification, inquiries can be directed to investor@agility.com.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Results of BOD Meeting

GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Tuesday, November 12, 2024, at 2:00 pm Bahrain time. During the meeting, they discussed and approved the financial results for the third quarter of 2024, ending on September 30, 2024, along with other internal matters. The financial results for the third quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - GFH Q3 2024 Webcast Results

GFH Financial Group B.S.C. announced the successful completion of their third-quarter 2024 financial results webcast. The session was held online on November 13, 2024, at 1:00 p.m. Bahrain time. The announcement follows a previous notification to shareholders and investors on November 7, 2024. The presentation and script from the webcast are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From International Holding Company PJSC

Disclosures: International Holding Company PJSC Share Buyback Program

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Hayah Insurance Company P.J.S.C

Disclosures: Hayah Insurance Company P.J.S.C Report of accumulated losses September 30,2024

HAYAH Insurance Company P.J.S.C has prepared a report in compliance with the SCA Board of Directors' Decision No. (32/R.M.) of 2019, which mandates companies with accumulated losses of 20% or more of their paid-up capital to adhere to specific disclosure requirements. As of Q3 2024, the company's accumulated losses stand at AED 78,907 thousand, which is 39% of its paid-up capital. These losses primarily stem from legacy issues associated with Green Crescent Insurance Company, predating the formation of AXA Green Crescent Insurance Company in 2015. Since 2019, HAYAH Insurance has been profitable and has reorganized to enhance profitability. Initiatives to address the losses include appointing a new CEO in 2018, revising the strategic direction, reducing general and administrative expenses, deploying pricing and monitoring tools, and restructuring the team to boost revenue.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Al Wathba National Insurance Co.

Disclosures: Al Wathba National Insurance Co. Board Meeting Results held on 13/11/2024 at 12:00

On November 13, 2024, Al Wathba National Insurance Company held a Board of Directors meeting. The meeting, attended by five members and achieving a quorum of 63%, ran from 12:00 PM to 1:00 PM. During the meeting, the board reviewed and approved the previous meeting's minutes, the company's financial statements as of September 30, 2024, related party transactions, and reinsurance arrangements. They also reviewed recent regulations from the Central Bank and approved the proposed 2025 budget in line with the company's five-year strategic plan. Additionally, general operational matters were discussed. The meeting's decisions and resolutions were communicated by the Chief Financial Officer, Muralikrishnan R, and copies were sent to the Central Bank of the UAE and the Securities and Commodities Authority.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Al Wathba National Insurance Co.

Disclosures: Al Wathba National Insurance Co. Management Discussion and Analysis Report for the Period Ended September 30,2024

Al Wathba National Insurance Company (PJSC) reported its Q3 2024 financial results, showing an insurance service result of AED 205,000 and a net investment income of AED 19.23 million. The company experienced a net insurance finance expense of AED 5.07 million, leading to a profit of AED 14.36 million for the period. AWNIC is expanding in the health insurance sector and has adjusted property and casualty rates and deductibles due to weather-related events in the UAE. Their risk management strategies helped mitigate the financial impact of floods. The company remains optimistic about its performance for the rest of 2024 and into 2025. No new securities were issued during this period.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Multiply Group PJSC

Disclosures: List of Candidates for the Board of Directors of Multiply Group PJSC

The text is a formal communication from Multiply Group PJSC to the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange. It provides a list of candidates for the Board of Directors following a nomination announcement on October 25, 2024. The candidates will be presented to shareholders at an Extraordinary General Assembly Meeting on November 18, 2024. The candidates are Mr. Syed Basar Shueb Syed Shueb, H.E. Hamad Khalfan Ali Matar Alshamsi, H.E. Mansoor Ibrahim Ahmed Saeed AlMansoori, Mr. Richard Matthew Gerson, and Ms. Samia Bouazza. The letter is also copied to the Securities and Commodities Authority (SCA) in Abu Dhabi, UAE.

1. Attached Document