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Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, announced that a court ruling was made in its favor regarding a lawsuit filed by a former executive board member. The lawsuit, dated August 30, 2024, involved a claim for approximately 22 million AED in labor entitlements. The company expressed its appreciation for the trust and support of its shareholders and emphasized its commitment to exploring all legal options to protect the rights and interests of the company and its shareholders. The announcement was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has announced the postponement of its general assembly meeting due to a lack of quorum. The meeting is rescheduled for Monday, February 17, 2025, at 3:00 PM at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders can also attend remotely via electronic participation.

A board resolution will be conducted by circulation on February 6, 2025, to appoint a new board member, pending approval from the Central Bank of the UAE (CBUAE). This information is conveyed in a letter from Sahem Abdelhaq, the Head of Legal, to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market.

Press contacts for SHUAA Capital psc include Adnan Nur, the Finance Director. He can be reached by phone at +971 4 610 8206 or via email at sr@shuaa.com. More information can be found on their website, www.shuaa.com.

Ajman Bank's Board of Directors invites shareholders to the Annual General Meeting on February 27, 2025, at Ajman Saray Hotel, with options to attend in person or electronically. The agenda includes reviewing and approving reports from the Board, external auditors, and the Internal Shari’ah Supervisory Committee for the financial year ending December 31, 2024. Shareholders will discuss and approve the bank’s financial statements, a proposed cash dividend of 7.25% of the capital, and the remuneration for the Board of Directors. Other items include discharging the Board and auditors from liability, appointing committee members and auditors for 2025, and approving a USD 1.5 billion Sukuk Issuance Programme. Shareholders can participate remotely by registering in advance, and proxies are allowed under certain conditions. If the meeting lacks a quorum, a second meeting is scheduled for March 6, 2025. Shareholders registered by specific dates are eligible to vote and receive dividends. Financial documents are accessible via the Dubai Financial Market and Ajman Bank websites.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, is inviting its shareholders to attend the company's General Assembly meeting. The meeting is scheduled for 3 PM on Monday, February 3, 2025, at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders can also attend remotely via electronic participation. The agenda includes a special resolution to approve the issuance of convertible bonds worth up to 150 million AED, in accordance with relevant federal law and regulatory decisions.

During the period from January 27 to January 31, 2025, there were no Regulated Short Sell (RSS) trades on the Dubai Financial Market (DFM). For more details on RSS, refer to the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The information provided is subject to change, and DFM is not responsible for any losses incurred from using this data.

Deyaar Development PJSC has announced the launch of Phase 2 of Park Five, a wellness-focused luxury residential community in Dubai Production City. This phase introduces 343 residential units, including studio, one-bedroom, two-bedroom, and three-bedroom options, designed to cater to modern urban families. The development is strategically located near key urban hubs, green spaces, healthcare facilities, and educational institutions, offering excellent connectivity and access to amenities such as shopping, dining, parks, schools, and hospitals. Park Five aims to enhance urban living by integrating greenery, traditional sikkas, and community spaces to promote social interaction and active lifestyles. The project reflects Deyaar's commitment to sustainable and value-driven developments in line with the UAE's vision for improved urban quality of life.