Latest Threads

The Seventh Board Meeting of the year 2024 for Abu Dhabi National Company for Building Materials (BILDCO) will be held on Wednesday, September 4, 2024, at 14:00. The agenda includes approving the minutes of the sixth Board meeting of 2024, following up on developments in implementing the company’s business plan, and discussing any other matters.

شعاع كابيتال ش.م.ع، شركة استثمار مالية مرخصة وخاضعة لرقابة هيئة الأوراق المالية والسلع، تلقت إخطارًا من محكمة دبي الابتدائية العمالية بشأن دعوى قضائية من عضو مجلس إدارة سابق للمطالبة بمستحقات عمالية تقدر بنحو 22 مليون درهم. الشركة تعتقد أن الدعوى لا أساس لها من الصحة بناءً على التقييم المبدئي وتعتزم الطعن عليها. كما أوضحت الشركة أن المساهمين صوتوا بعدم إبراء ذمة عضو مجلس الإدارة السابق عن السنة المالية المنتهية في 31/12/2023، وهي في المراحل النهائية لبدء إجراءات التقاضي ضده. شعاع كابيتال ستقوم بإحاطة السوق والمساهمين بالتطورات الجوهرية في هذا الشأن.

Takaful Emarat Insurance PSC has scheduled a board meeting on Wednesday, 04 September 2024, at 3:00 PM via MS Teams. The agenda includes the approval of a new Board member, the appointment of the Board Chairperson, and discussion of business updates and other matters. The notice is signed by Mohammed Abu Quora, Chief Executive Officer, on 30 August 2024.

A notification was issued on August 30, 2024, to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, informing him about an upcoming Board of Directors meeting for the Dubai Taxi Company P.J.S.C. The meeting is scheduled for Wednesday, September 4, 2024, at 3:00 pm at the company's headquarters. The purpose of the meeting is to discuss and make decisions on internal matters related to the company's business. The notification was signed by Vicken Khochafian, the Board Secretary and Governance Director, and a copy was sent to the Securities and Commodities Authority.

The Dubai Financial Market (DFM) released a weekly summary for Regulated Short Sell (RSS) transactions for the period from August 26, 2024, to August 30, 2024. During this period, Salik Company PJSC had a short sell trade volume of 7,500 and a trade value of AED 27,435. For more details on RSS, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement can also be found on the DFM website. The information provided is subject to change and DFM is not liable for any losses resulting from the use of this data.

International Holding Company PJSC (IHC) has issued a notice regarding the protection of personal and financial information. The company warns that scammers are using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online, asking for personal, business, credit card, and bank details. IHC emphasizes that it never requests personal, business, or financial information via email, mail, or any other means, nor does it ask for payments or investments in such a manner. Recipients of such requests should treat them with caution and not provide any sensitive information. To verify the legitimacy of communications claiming to be from IHC, individuals should check that the sender's email address comes from the "@ihcuae.com" domain. For protection against scams, IHC advises staying updated through their official website and regular news disclosures on ADX.

The Abu Dhabi Securities Exchange has released a disclosure regarding a board meeting for Fujairah Cement Industries (PJSC). The meeting is scheduled for Thursday, September 5, 2024, at 12:00 PM. The agenda includes the implementation of GAM (43) decisions, discussion of normal operational matters, and other topics. The disclosure is signed by General Manager Saeed Ahmed Ghareib Alseridi and is also copied to the SCA.