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Dubai Financial Market News

News Update From Emirates Investment Bank PJSC

Disclosure: Resignation of CEO

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Dubai Financial Market News

News Update From Al Mazaya Holding Company

Disclosure: Supplementary Disclosure about Notation of the Commercial Register For Al Mazaya Holding company

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Dubai Financial Market News

News Update From Islamic Arab Insurance Company

Disclosure: Resolutions of General Assembly

The Islamic Arab Insurance Company – SALAMA held its Annual General Assembly Meeting on Wednesday, 30 April 2025, from 3:00 pm to 4:00 pm at its headquarters in Dubai, with options for remote participation. The meeting was chaired by H.E. Fahad Al Qassim and had a quorum of 32.3808% of the total capital, with 4.4414% authenticity and 27.9394% proxy. The assembly approved several resolutions, including the appointment of Mr. Ahmad Abdelrahim as the AGM Secretary and Mr. Mohamed Shaaban as a Vote Collector. It also approved the Board of Director’s Report, Auditor’s Report, Sharia Supervisory Committee Report, and the Company’s Balance Sheet and Profit & Loss Account for the year ending 31 December 2024. Additionally, the appointment of new members to the Internal Sharia Supervision Committee was approved, pending Central Bank approval. The recommendation of the Board of Directors not to distribute dividends to shareholders was also approved.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 01/05/2025 is the last trading date to entitle for DNIR’s cash dividend
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on TAKAFUL-EM shares after disclosing the resolutions of its General Assembly
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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Resolutions of General Assembly

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, held its annual general meeting today at 3 PM. During the meeting, shareholders voted on several decisions. A special resolution to amend Article 17 of the company's Articles of Association, which would have increased the number of board members from five to seven, was rejected. Ordinary resolutions included the approval of the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2024, the auditor's report for the same period, and the company's balance sheet and profit and loss account. Additionally, the proposal by the Board of Directors not to distribute cash dividends for the fiscal year ending December 31, 2024, was approved.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on MASQ shares after disclosing the results of its BOD meeting
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on TABREED shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 01/05/2025 is the last trading date to entitle for UNIKAI’s cash dividend
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Dubai Financial Market News

News Update From Takaful Emarat (PSC)

Disclosure: Resolutions of General Assembly

On April 30, 2025, Takaful Emarat Insurance PSC held a General Assembly Meeting chaired by Dr. Nooraldeen Atatreh at Office 103, First Floor, Hassanicor Building, Sheikh Zayed Road, Dubai, UAE. The meeting, which took place from 2:00 PM to 3:00 PM, had a quorum of 53.65% of the total attendance, primarily through proxy and electronic voting. During the meeting, several key resolutions were approved: the Company's Board of Directors report, the Auditor’s Report, the Internal Shariah Supervisory Board’s Report, and the Company’s balance sheet and profit and loss account for the year ending December 31, 2024. Additionally, the appointment of Dr. Azzeddine Benzeghiba and Mr. Moosa Khoory to the Internal Shariah Supervisory Committee was approved, along with the ratification of new Board members replacing those who resigned.

1. Attached Document