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The Annual General Meeting (AGM) of Emirates Central Cooling Systems Corporation (Empower) has approved a proposal to distribute AED 425 million in cash dividends to shareholders for the second half of 2023. The AGM, chaired by Saeed Mohammed Al Tayer, the Chairman of Empower, was attended by 90.4% of the company's paid-up share capital. The company's financial results for the year ending December 31, 2023, showed a record revenue of AED 3.035 billion and a net profit of AED 960 million. The dividend distribution aligns with the company's policy and it expects to pay a minimum dividend amount of AED 850 million per annum in the first two fiscal years.

On March 27th, 2024, the Emirates Driving Company PJSC held its Annual General Meeting, both physically and virtually, from 1:00 pm to 1:20 pm. The meeting, chaired by Khalifa Abdulla Al Romaithi, had a quorum of 63.30% attendance through electronic voting. During the meeting, the Board of Directors' report on the company's activity and financial position for the fiscal year ending on December 31, 2023, was approved. The Auditor's report for the same fiscal year was also approved. The company's balance sheet and profit and loss account for the fiscal year were approved. The Board's proposal to distribute cash dividends by 34% of paid capital for the fiscal year, amounting to AED 183,164,256 or 17 fils per share, was approved. Proposals concerning the remuneration of the Board of Directors and discharging the board members and auditors for the fiscal year 2023 were also approved.

Resolution No. 349 of 2024 has been issued concerning the temporary suspension of trading on the shares of Fujairah Cement Industries. The suspension is due to the company's AGM being held at 11:00 on 24-Apr-2024, which coincides with the trading session at ADX. Trading in FCI shares will therefore be suspended from 09:00 on 24-Apr-2024 until ADX receives the AGM results. The heads of departments in ADX are tasked with executing this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 27/03/2024.