Latest Threads on News from companies
Threads on regulatory news from companies
Al Firdous (P.J.S.C.) has announced that its Board of Directors will meet on Tuesday, November 12, 2024, at 3:10 PM. The purpose of the meeting is to adopt the preliminary financial statements for the second quarter ending on September 30, 2024. The announcement was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Sheikh Khaled Zayed S. Al Nehayan, Chairman. A copy of the announcement was also sent to the Security and Commodities Authority.
The document outlines the margin parameters for DFM Futures, effective from November 11, 2024. It lists various underlying symbols on the Dubai Financial Market (DFM) with their respective base margin percentages, currencies, and base margin per contract, along with spread margin per contract. The margin percentages range from 5% to 17%, with currencies in AED and USD. The document also provides links to the Derivatives Clearing Guidelines and Procedures for further details on margin calculation and eligible margin types. It notes that the information is subject to change and advises consulting the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of discrepancies.
Resolution No. 512 of 2024 announces the temporary suspension of trading for the shares of Al Wathba National Insurance Co. on the Abu Dhabi Securities Exchange (ADX). This suspension will occur from 12:00 on November 13, 2024, coinciding with a Board of Directors meeting for the company. Trading will resume once ADX receives the meeting results. The resolution mandates that all relevant ADX department heads implement this decision and that the resolution be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and was issued on November 8, 2024.
Fujairah Building Industries P.J.S.C. and its subsidiaries have released their unaudited condensed consolidated interim financial statements for the period ending on 30 September 2024.
The document is a review report and contains condensed consolidated interim financial information for Abu Dhabi Aviation PJSC for the nine-month period ending on September 30, 2024. The information provided is unaudited.
Gulf Medical Projects Company, a public shareholding company, has released its condensed consolidated interim financial statements for the nine-month period ending on September 30, 2024.
Resolution No. 511 of 2024 mandates a temporary suspension of trading for AL KHALEEJ Investment shares on the Abu Dhabi Securities Exchange (ADX) starting from 14:00 on November 8, 2024. This suspension coincides with a Board of Directors meeting scheduled for the same time. Trading will resume once ADX receives the meeting results. The resolution requires all ADX department heads to implement it within their areas, and it will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on November 8, 2024.
The Securities and Commodities Authority in Abu Dhabi, UAE, was notified about an upcoming Board of Directors meeting for Investcorp Capital plc. The meeting is scheduled for Tuesday, 12 November 2024, at 19:45 UAE Time and will be conducted via video conferencing. The agenda includes reviewing the company's financial statements for the three-month period ending 30 September 2024.