Dubai Financial Market PJSC

Dubai Financial Market has announced a significant 171% rise in its net profit before tax for Q1 2024, amounting to AED 95.6 million.

The text refers to a review report and condensed interim consolidated financial information from the Dubai Financial Market (DFM) P.J.S.C. The information covers a three-month period ending on 31 March 2024. This report is likely to be of interest to those involved in finance and investing.

On April 29, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened a meeting. The main points approved during the session included the condensed consolidated interim financial information for the three-month period ending March 31, 2024, and regular matters and any other business. The information was communicated by Ali Amer Al-Hashimi, the Chief Financial Officer of the company.

The Board of Directors of Orient Takaful Company (PJSC) has invited shareholders to attend the Annual General Meeting on April 29, 2024. The meeting will take place at Al Futtaim Building in Dubai and will also be accessible remotely via Microsoft Teams. The agenda includes the approval of various reports and accounts for the financial year ending December 31, 2023, the appointment of the Internal Sharia'ah Supervisory Committee for 2024, and the approval of transactions with related parties up to December 31, 2023. The board also plans to discuss an amendment to the company's Articles of Association, subject to regulatory approval. Shareholders can delegate a representative to attend the meeting and vote on their behalf, but no proxy may represent more than 5% of the company's shares.