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HAYAH Insurance Company P.J.S.C., located in Abu Dhabi, United Arab Emirates, is a public joint-stock company funded by a paid-up capital of AED 200 million and registered at the Central Bank of the UAE. The company communicated that it will not be accepting the nomination request of Ms. Sarah Abdel Majeed Faraidouni for a board vacancy, as per directives from the Central Bank, because she has been elected and approved as a board member in another licensed insurance company. The company plans to take necessary action to fill the board vacancy in accordance with rules and regulations.