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SHUAA Capital p.s.c., a financial investment company regulated by the U.A.E. Securities and Commodities Authority, announced the postponement of its annual General Assembly Meeting due to a lack of quorum. The meeting has been rescheduled for April 30, 2026, at 3:00 PM, to be held at the company's premises on the 32nd floor of Al Khatem Tower, Al-Maryah Island, Abu Dhabi. Shareholders have the option to participate remotely via electronic means.
Sukoon Takaful PJSC, with a paid-up capital of AED 154,000,000 and licensed by the Central Bank of the UAE, invites its shareholders to attend the Annual General Assembly Meeting. The meeting will be held at the company's head office in Deira, Dubai, and online via www.smartagm.ae on Monday, April 27, 2026, at 11:00 AM. The invitation is issued by the Board Secretary, Rana Attieh, and a copy is sent to Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.
Salama Islamic Arab Insurance Company PJSC has successfully completed a capital restructuring program, restoring its financial strength and compliance with the Central Bank of the UAE's requirements. The restructuring involved a capital reduction of AED 456 million and the issuance of an AED 155 million Mandatory Convertible Sukuk, which was fully subscribed by strategic investors. This process resolved over AED 420 million of legacy exposures, enhancing financial transparency and stability. With a renewed focus on disciplined underwriting and sustainable growth, Salama is re-engaging distribution channels and aiming for profitable expansion across its core business segments. The company's leadership expressed confidence in Salama's strengthened position and future growth potential.
The General Assembly Meeting of Watania International Holding (PJSC) was held on Friday, April 24, 2026, from 2:00 PM to 2:45 PM at the 13th Floor, Building 2, The Galleries, Jebel Ali Downtown, Dubai, UAE, and also electronically. The meeting was chaired by Dr. Ali Saeed Bin Harmal Aldhaheri and had a quorum of 74.28% of the total attendance. The attendance was composed of 2.29% personal attendance and 72% by proxy, with the total including electronic voting. The assembly approved the Board of Directors’ report on the company's activities and financial position for the year ending December 31, 2025, the external auditor’s report for the same period, and the company’s balance sheet and profit and loss account for that financial year.