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HAYAH Insurance Company P.J.S.C, a public joint stock company with a paid-up capital of AED 200 million, held a general assembly meeting on 26th April 2024. The meeting, chaired by Mr. Mohamed Abdullatif Jasim Kanoo, had an attendance quorum of 85.5%. The assembly discussed and approved the company's activities, financial position, and the external auditor's report for the financial year ending 31/12/2023. However, the proposal to discharge the board members and the external auditors for the same financial year was not approved. The assembly approved the appointment of Grant Thornton as the company's external auditors for 2024 with a remuneration of 450,000 AED. The proposal for no cash dividends/bonus share distribution for the financial year ending 31/12/2023 was approved. The assembly also approved the appointment of nine board members for 2024 to 2026.

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, recently held a board meeting. The outcomes of the meeting include the election of Mr. Badr Al Olama as Chairman of the Board of Directors, Mr. Nabil Ramadhan as Vice Chairman, and Mr. Ahmed Alahmadi as the Managing Director of the company. The company's Board of Directors committees have also been restructured, including the Audit and Compliance Committee, Nominations and Remuneration Committee, Risk and Governance Committee, and Investment Committee. Other business-related matters of the company were also discussed.

The weekly trading summary for DFM Regulated Short Sell Transactions from 22 Apr 2024 to 26 Apr 2024 shows that GFH Financial Group B.S.C. had a short sell trade volume of 250,000 with a value of 249,000 AED. Emaar Properties PJSC had a short sell trade volume of 10 with a value of 81.30 AED. More details about the regulated short selling can be found on the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules. The information is subject to change and is provided on an "as is" and "as available" basis. DFM is not liable for any losses resulting from the use of this data.

Resolution No. 380 of 2024 announces the temporary suspension of trading on the shares of Commercial Bank International. This decision is in line with Article No. 16 of the Regulations concerning the listing of securities on ADX. The suspension is due to a meeting of the Commercial Bank International Board of Directors scheduled for 11:00 on 2-May-2024, which coincides with the trading session at ADX. Therefore, trading in CBI shares will be suspended from 09:00 on 2-May-2024 until ADX receives the meeting results. Department heads at ADX are required to implement this resolution in their respective fields. The resolution is to be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 26/04/2024.