Latest Threads

The disclosure clarifies the approval process for proxies according to Article 40 of the Corporate Governance Manual. Shareholders entitled to attend the general assembly can delegate someone to represent them, provided the proxy is not a board member, company employee, or affiliated with a securities brokerage. The proxy must hold no more than 5% of the company's issued capital. Shareholders lacking legal capacity must be represented by legal representatives. The shareholder's signature on the power of attorney must be verified by a Notary Public, a commercial chamber in the state, a licensed bank or company, or any licensed attestation entity. The proxy form should include the shareholder's and the approving brokerage firm's contact information. For further inquiries, contact via telephone or email provided.

A meeting of the Board of Directors of Takaful Emarat Insurance PSC was held on Monday, 30 March 2026, from 3:00 PM to 5:00 PM, with five board members present, achieving a quorum of 71%. During the meeting, the board approved the annual audited financial statements for the year ending 31 December 2025. They also agreed to call for an Annual General Assembly Meeting (AGM) on Thursday, 30 April 2026, pending approval from the Capital Market Authority and the Central Bank of the United Arab Emirates. Additionally, the agenda for the AGM was approved, subject to the same regulatory approvals.

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125 and regulated by the Central Bank of the UAE since December 24, 1984, has announced a resolution passed by its Board of Directors on March 30, 2026. The resolution approved the Annual Underwriting Performance Report as of December 31, 2025, and the Company's Year-End Action Plan based on the actuary's recommendations. This information was communicated to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Al Ramz Corporation Investment and Development PJSC invites its shareholders to attend the Annual General Assembly Meeting on April 22, 2026, at 2:00 PM. The meeting will be held at the company's headquarters in Abu Dhabi and virtually. The agenda includes approving the appointment of a meeting secretary and a new board member, reviewing financial reports for 2025, discussing dividends, and appointing auditors for 2026. Shareholders can attend in person or via proxy, with specific rules for proxy representation. Registration for electronic attendance and voting opens on April 15, 2026. Shareholders will receive invitations via SMS and email, and can access financial statements and governance reports online. If the quorum is not met, a second meeting is scheduled for April 29, 2026.

The company has issued an invitation to its General Assembly Meeting, highlighting two main agenda items for shareholders. First, there is a recommendation to distribute cash dividends totaling AED 735 million, made possible by the company's strong financial performance in 2025 and previous years. This performance allowed the company to offset accumulated losses, achieve retained earnings, and fulfill all contractual obligations to financiers, leading to the lifting of restrictions on dividend distributions. Second, there is a special resolution concerning the approval of the proposed Business Plan.

The text provides guidelines regarding the approval of proxies to attend a company's general assembly meeting, in accordance with specific clauses of a 2020 decision on corporate governance. It stipulates that shareholders have the right to attend and vote at these meetings, and they may delegate this right to someone outside the company's board or staff, provided the delegation is documented in writing. The delegate must not represent more than 5% of the company's issued capital. Legal representatives must represent individuals lacking legal capacity. The shareholder's signature on the proxy must be verified by a recognized entity such as a notary public, chamber of commerce, licensed bank, or financial market. Additionally, the proxy should include contact details of both the shareholder and the approving authority's representative.