Press releases, Reports & Disclosures for Dubai Insurance Co , PSC

Dubai Insurance Co. has informed the Dubai Financial Market that its Board of Directors met on February 12, 2024, to review and approve the company's Q1 2024 financials. The board also reviewed Circular No. 2224/2024 concerning financial reporting and external audit regulation for insurance companies. The information was communicated by Sahem Abdel Haq, Head of Legal & Compliance at Dubai Insurance Co.

Dubai Insurance Co. has informed the CEO of Dubai Financial Market, Mr. Hamed Ahmed Ali, of a scheduled Board of Directors meeting. The meeting is set to take place on 14th May 2024, at 11:00 am at the company's head office. The purpose of the meeting is to approve the financial results for the first quarter of 2024. The notification was sent by the Head of Legal & Compliance, Sahem Abdelhaq.

Dubai Insurance Co. has informed the Dubai Financial Market that Mr. Mazen Dalati has withdrawn his nomination from the company's Board of Directors. The communication was made by Sahem Abdelhaq, the Head of Legal & Compliance at Dubai Insurance Co.

Dubai Insurance Co. has informed the Dubai Financial Market that Mr. Marwan Abdulla Alrostamani has withdrawn his nomination from the Board of Directors. The information was conveyed by Sahem Abdelhaq, the Head of Legal & Compliance at Dubai Insurance Co.

Dubai Insurance Co. has informed the Dubai Financial Market that a Board of Directors meeting will be held on 20th March 2024. The meeting, which will take place at the company's head office, will involve the election of a Chairman, Vice Chairman, and the establishment of committees from members elected by the General Assembly. The communication was made by Sahem Abdelhaq, the Head of Legal & Compliance at Dubai Insurance Co.

The Dubai Insurance Company has released its Integrated Report for 2023. The report includes the Board of Director's Report, Auditor's Report, Financial Statement, Corporate Governance Report, and Sustainability Report.

The Board of Directors of Dubai Insurance Company (PSC) has invited shareholders to attend the Annual General Assembly meeting on 20/03/2024 at 13:00 PM. The meeting can be attended in-person at the company's headquarters or remotely via video technology. The agenda includes reviewing and approving the company's financial reports and the auditor's report for the fiscal year ending 31/12/2023, approving the balance sheet and profit and loss account, considering proposals for cash dividend distribution and remuneration for board members, discharging or removing board members and auditors for the fiscal year ending 31/12/2023, appointing auditors for 2024, and electing board members. Special attention will be given to proposed amendments to the company's Articles of Association to comply with current laws and regulations.

Dubai Insurance Co. has announced the end of the nomination period for membership applications to the Board of Directors for the 2024-2027 term. The nominees, subject to approval from the Central Bank of the UAE, include Mr. Buti Obaid Almulla, Mr. Marwan Abdulla Al Rostamani, Mr. Khalid Abdulwahid Al Rustamani, Mr. Abubakr Abdulla Al Futtaim, and Mr. Abdulla Mohammed Alhuraiz. All nominees are non-executive, non-independent.