Sharjah, UAE (March 26, 2019) – United Arab Bank P.J.S.C. (“UAB”) held its Annual General Assembly Meeting (AGA) on Monday, 25 March 2019, at Coral Beach Hotel in Sharjah, chaired by H.E. Sheikh Faisal Bin Sultan Bin Salem Al Qassimi, Chairman of the Board of Directors.
The AGA adopted all ordinary and extraordinary resolutions set forth in the meeting, including the approval of the consolidated financial statements for the year ended 31 December 2018, and the Board’s recommendation to appoint Ernst and Young (E&Y) as the external auditors of the Bank for the year 2019.
The meeting was managed by Abu Dhabi Securities Exchange (“ADX”), under a Registrar Agreement that the Bank has signed with ADX and attended by Members of the Board of Directors and Ahmad Mohammad Abu Eideh the CEO, as well as other senior management. The External Auditors (PWC) and representatives of the regulatory authorities were also present.