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Employees from the Emirates Stallions Group (ESG) have participated in a mangrove restoration project on Umm Yifenah Island as part of the wider Abu Dhabi Mangrove Initiative. The project aims to enhance biodiversity and combat climate change, aligning with the UAE’s extended Year of Sustainability. The initiative is part of ESG's ongoing commitment to environmental conservation and sustainable development. The group's CEO, Kayed Khorma, highlighted the project's benefits for community and country, as well as its role as a team-building activity that increased understanding of environmental challenges.
HAYAH Insurance Company P.J.S.C., located in Abu Dhabi, United Arab Emirates, is a Public Joint Stock Company with a paid-up capital of AED 200 million. It is registered at the Central Bank of the UAE with registration no. 83 dated 16/09/2008. On 6th May 2024, the company held a board meeting that started at 11:00 AM and ended at 12:10 PM, with all 8 board members present. The board unanimously elected Mrs. Salama Amer Omar Saleh as Chairman and Mr. Marwan Ibrahim Nasser Abdullah Al Nasser as Vice Chairman. The formation of committees was approved during the meeting. The authorized signatory is Mohamed Seghir, the Chief Executive Officer.
The Board of Directors of ADNOC Gas Plc held a meeting on Monday, 6 May 2024, via video conference. During the meeting, they approved the company's financial statements for the first quarter of the current financial year 2024. The Board also discussed recent developments related to the company's activities and projects. The information was shared by the company's CEO, Dr. Ahmed Mohamed Alebri.
The document is a proxy form for shareholders of Ithmaar Holding B.S.C. to appoint a representative to vote on their behalf at an Extraordinary General Meeting scheduled for 28 May 2024. The meeting will discuss and potentially approve the minutes of the previous meeting, the proposed sale and transfer of certain assets and liabilities, and the authorization for the Board of Directors to finalize the structure and terms of the transaction. If the quorum is not met, the meeting will be rescheduled for the following two days.
Ithmaar Holding B.S.C. has announced an Extraordinary General Meeting on 28 May 2024, with additional meetings planned for the following two days if a quorum is not reached. The agenda includes approving the minutes of the previous year's meeting, discussing a proposed asset and liability sale, and authorizing the Board of Directors to finalize the sale. The sale involves assets valued between USD 695 million and USD 715 million and liabilities between USD 665 million and USD 695 million, to be transferred to GFH Financial Group B.S.C. or another entity agreed with GFH. All shareholders are invited to attend, with voting rights proportional to their share ownership. Shareholders may appoint a proxy to attend on their behalf, excluding certain company officials.
Al Salam Bank has launched a pre-summer campaign for its VISA Credit and Multi-Currency Prepaid Cardholders, offering the chance to win a fully paid holiday among other prizes. For every BD 50 spent using these cards from 5th May to 30th June 2024, customers will receive one entry into the prize draw. The main prize includes a trip for two to Istanbul, with a four-night stay at a 5-star hotel and a choice of two unique experiences. Three other winners will receive BD 2,000 credited to their cards for their summer vacations. The bank also offers exclusive pre-summer foreign exchange rates for its Multi-Currency Prepaid Cardholders.