Latest Threads

Empower, the world's largest district cooling services provider, celebrates Emirati Women's Day under the theme 'We Collaborate for Tomorrow,' aligning with the UAE President's 'Year of Sustainability' initiative for 2024. CEO Ahmad Bin Shafar emphasized the crucial role of Emirati women in sustainable development and climate change efforts, noting their leadership in sustainability initiatives within the organization. Emirati women hold senior positions and make up over 62% of the female workforce at Empower. Bin Shafar praised their significant contributions to the nation's development and highlighted the UAE's commitment to gender equality and women's empowerment. He acknowledged the leadership's support in providing opportunities and fostering gender balance in the workplace.

The National Investor PrJSC has announced a delay in its planned capital decrease and the return of the reduced capital amount, initially set for August 26, 2024. The delay is due to the need for approval from the Ministry of Economy, which has not yet been obtained. The company is actively working to secure this approval and assures that the delay is temporary. The capital decrease and distribution will proceed once the necessary approval is granted. The company is committed to transparency and will provide further updates as soon as more information is available.

RAK Properties and Anantara Mina Al Arab Ras Al Khaimah Resort celebrated Emirati Women’s Day on August 24, 2024, with an event honoring the achievements and dedication of Emirati women in various sectors such as entrepreneurship, engineering, and aviation. The event featured panel discussions where influential Emirati women shared their stories and insights on balancing professional ambitions with cultural values and the evolving role of women in fields like real estate, arts, and sports. Notable speakers included Moza Mohammed Majid Salem Al Zaabi, Mona Sulaiman Tajarbi, Shaima Ahli, and Alya Bin Meshar Almheiri. Both RAK Properties' CEO, Sameh Muhtadi, and Anantara Mina Al Arab Ras Al Khaimah Resort's General Manager, Ramsey Saarany, emphasized their commitment to empowering Emirati women and fostering an environment of diversity and inclusion. The event is part of RAK Properties' ongoing efforts to support and celebrate women's empowerment in the workplace and community.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) under registration number 604097, held a General Assembly Meeting on Monday, August 26, 2024, from 11:00 AM to 12:00 PM online. The meeting was chaired by Mr. Saeed Musallam Almazrouei and had an attendance quorum of 85.32% of the total capital. The attendance was distributed as follows: 5.87% personal attendance, 79.45% proxy attendance, and 85.32% attendance through electronic voting. The meeting resulted in the following resolutions: 1. Ordinary Resolution: Approval and ratification of the appointment of Mr. Hatem Salti as a member of the Board of Directors, as per the Board resolution dated April 18, 2024. 2. Special Resolution: Approval and ratification for the company to acquire Al Waqan Capital Investment LLC in exchange for issuing new shares to the partners.