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The Board of Directors of Al Sagr National Insurance Company (PJSC) invites shareholders to the Annual General Assembly Meeting on April 30, 2026, at 12:00 PM at the company's Head Office in Bur Dubai. Shareholders can attend in person or remotely. The agenda includes reviewing and approving reports on the company's activities, financial position, and the auditor's report for the fiscal year ending December 31, 2025. It also includes discussing the company's balance sheet, profit and loss account, and the proposal to not distribute dividends due to accumulated losses. Other items include approving directors' remuneration, discharging or potentially removing board members and auditors, appointing external auditors for 2026, electing new board members for 2026-2029, and reviewing the Governance and Sustainability Report. Electronic registration, attendance, and voting instructions are provided, with support available through the Dubai Financial Market's customer service.
Takaful Emarat Insurance PSC has announced the opening of the nomination process for its Board of Directors. The nomination period is from April 9 to April 18, 2026. Eligible individuals or shareholders can submit their applications to the company's headquarters in Dubai or via email, including a brief profile and the category of membership sought. Seven board members will be elected, and the process follows specific legal and governance requirements. Once the nomination period ends, candidates cannot transfer their candidacy. The final list of candidates will be published on April 27, 2026, subject to regulatory approvals, and will be available on the company's website and notice board.
Emirates Integrated Telecommunications Company PJSC, known as "du," has successfully refinanced its revolving credit facility by entering into a new agreement with a group of local and international banks for AED 2 billion. The arrangement was led by Emirates NBD Capital Limited, with several banks acting as Mandated Lead Arrangers and Bookrunners. The facility, which has a seven-year term, is intended for general corporate purposes, primarily as a liquidity back-stop and to support strategic investments. It remains undrawn as of the announcement date. The new facility terms are an improvement over the previous arrangement, reflecting confidence in du's credit profile and growth prospects. This refinancing aligns with du's approach to managing its capital structure and liquidity, ensuring financial flexibility for strategic priorities and long-term value creation. Du offers a wide range of services, including mobile, broadband, and fintech solutions, and is committed to advancing digital transformation in the UAE.