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Mashreqbank P.S.C. held its Annual General Assembly Meeting on 7th March 2024. The meeting was conducted at the Mashreqbank Head Office and virtually, chaired by H.E. Abdulaziz Abdulla Al Ghurair. The quorum of total attendees was 94.73%. The meeting resulted in the approval of the Board of Directors' report on the bank's activity and its financial position for the year ended 31st December 2023. The auditor's report for the same financial year was also approved. Furthermore, the bank's balance sheet and profit and loss account for the financial year ending 31st December 2023 were approved.
Resolution No. 319 of 2024 focuses on the temporary suspension of trading shares of Hayah Insurance Company P.J.S.C. The resolution is based on Article No. 16 of the Regulations concerning the listing of securities on ADX. The Board of Directors of Hayah Insurance Company will hold a meeting at 11:00 on 13-Mar-2024. As the meeting time overlaps with the ADX trading session, trading in GCIC shares will be suspended from 09:00 on 13-Mar-2024 until the ADX receives the meeting results. All heads of departments in ADX are required to execute 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 was issued on 07/03/2024.
On 7th March 2024, the Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) held a meeting. They endorsed the audited financial statements, annual report, and integrated report for DEWA in 2023. They also confirmed the appointment of KPMG as the external auditor for DEWA for the fiscal year ending 31st December 2024 and agreed on their fees. The Board also reviewed general business matters. The notification was conveyed by Aakash Nijhawan, Group Head of Investor Relations.
The document contains reports and financial statements for the year ended 31 December 2023 from RAPCO Investment P.J.S.C, previously known as Ras Al Khaimah Poultry and Feeding Co Public JSC, based in Ras Al Khaimah, United Arab Emirates.