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Dubai National Insurance and Reinsurance (PSC) plans to purchase real estate units in Al Habtoor Tower, Dubai, from Dubai National Investment LLC for AED 110 million, subject to General Assembly approval. The purchase is intended for investment purposes and will be paid in installments. Dubai National Investment LLC owns 10.2% of DNIR shares. This transaction represents 95.2% of DNIR's capital. The deal is expected to diversify DNIR's investment portfolio and generate rental income. UHY James Chartered Accountants evaluated the transaction, and the terms are deemed fair and beneficial to shareholders. The Acting CEO, Charbel Yazbeck, has confirmed the details.
The General Meeting of Dubai Refreshment PJSC was held on Thursday, April 2, 2026, from 2:00 PM to 2:30 PM at the company headquarters in Dubai Investment Park 2 and online. The meeting was chaired by Mr. Ahmad Alserkal, Chairman of the Board of Directors. The quorum for electronic voting attendance was 90.0567% of the capital. The meeting resulted in the approval of the report from the Board of Directors on the company's activities and financial position for the year ending December 31, 2025, the approval of the external auditors' report for the same period, and the approval of the company's balance sheet and profit and loss account for the financial year ending December 31, 2025.
Mr. Antonoaldo Neves is the CEO of Etihad Airways, a position he has held since October 2022, where he is guiding the airline's global expansion. Previously, he founded and led Ōner Travel, a technology-driven travel company in Brazil, and was CEO of TAP Air Portugal from 2017 to 2020, where he helped turn around the company and boost Portugal's tourism. Before TAP, Neves was President of Azul Airlines in Brazil, overseeing its successful IPO on the New York Stock Exchange. He also worked as a Partner at McKinsey & Company, influencing Brazil's national aviation strategy, and served as Corporate Director at Cyrela Brazil Realty. Neves holds board positions with Tenda, where he chairs the People Committee, and the Abu Dhabi Chamber of Commerce. His past board roles include Infraero and Ânima Educação. He has an MBA from the Darden School of Business, a Master's in Corporate Finance from IAG PUC Rio, and a Bachelor's in Civil Engineering from the University of São Paulo.
The letter dated April 2, 2026, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It informs him that the Board of Directors of Amlak Finance PJSC will consider a resolution by circulation on Tuesday, April 7, 2026, at 9:00 AM regarding routine matters. The letter is signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, and a copy is sent to the Capital Market Authority.
The document contains the Board of Directors' report, the independent auditor's report, and the financial statements for Union Coop for the year ending December 31, 2025.
Watania International Holding (PJSC) is inviting its shareholders to attend the Annual General Assembly Meeting on Friday, April 24, 2026, at 2:00 pm. The meeting will be held on the 13th Floor of Building 2, The Galleries, Jebel Ali Downtown, Dubai, UAE, with options for in-person or electronic participation via video conferencing and electronic voting through www.smartagm.ae. The agenda includes reviewing and approving the Board of Directors' report, the external auditor's report, the company's balance sheet, and profit and loss account for the financial year ending December 31, 2025. It also involves deciding on the Board's recommendation to withhold dividend distribution, approving Board member remuneration, discharging or dismissing Board members and external auditors from liability, and appointing external auditors for 2026.
On April 2, 2026, GFH Financial Group B.S.C. announced the results of its Extraordinary General Meeting held on April 1, 2026. The meeting had a quorum of 61.79%. Attached to the announcement are the minutes of the meeting, a report on the quorum, a voting report on the agenda items, and observations from shareholders or their representatives. The announcement was made by Mariam Jowhary, the Head of Compliance & AML, and bears the company seal.