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Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From National Central Cooling Co.
Disclosure: Notification from the company

Sean Magee, Secretary of the Board of Directors, announced that Tabreed has completed its one-year liquidity provision agreement with xCube on October 21, 2025. To continue enhancing the liquidity and active trading of Tabreed shares, a new 12-month agreement has been signed with Arqaam Securities, effective October 22, 2025. This move is part of Tabreed's ongoing efforts to support a dynamic and efficient market for its shares. For further information, interested parties are encouraged to reach out.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From SHUAA Capital PSC
Disclosure: Press release

SHUAA Capital has been appointed as the exclusive financial advisor for Islamic Arab Insurance Company (Salama) to assist with its capital restructuring and issuance of a Mandatory Convertible Sukuk (MCS). This strategic move aims to strengthen Salama's capital base and solvency. The restructuring plan, approved by Salama's shareholders, involves a capital reduction followed by an MCS issuance of up to AED 175 million, aligning with regulatory requirements and shareholder interests. SHUAA's appointment highlights its expertise in investment banking and its focus on expanding fee-based income through impactful advisory roles. The MCS issuance is expected to be completed in the coming months, pending regulatory approvals. Both companies are listed on the Dubai Financial Market, ensuring transparency and governance throughout the process.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From International Financial Advisors K.S.C.C.
Disclosure: Disclosure of material information

1. Disclosure: Disclosure of material information

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From Islamic Arab Insurance Company
Disclosure: Creditor Announcement

The Islamic Arab Insurance Company PJSC has announced that its general assembly approved a special resolution to reduce and then increase the company's share capital. The capital reduction will decrease the issued share capital from AED 939,588,998 to AED 483,021,183, effective on December 8, 2025. This reduction involves eliminating accumulated losses and canceling certain shares. The board of directors has been authorized to take necessary actions to implement these changes, which have been presented to the general assembly and are based on the external auditor's report.

1. Disclosure: Creditor Announcement

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From GFH Financial Group B.S.C.
Disclosure: Treasury Shares

GFH Financial Group B.S.C. announced that following the Ordinary General Meeting's resolution on March 24, 2024, which approved the repurchase of up to 10% of its total issued shares as treasury shares, the group has received approval from the Central Bank of Bahrain to proceed with this plan. The share repurchase will commence on October 22, 2025. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Treasury Shares

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From Commercial Bank of Dubai P.S.C.
Disclosure: Earnings Call

The Commercial Bank of Dubai (P.S.C.) will hold an earnings call meeting on Thursday, October 23, 2025, at 3:00 p.m. to discuss the financial results for the quarter ending September 30, 2025. Further details can be found on the bank's website under the Investor Relations section. The notification was sent to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority. The letter was signed by Mr. Ahmed Ali Al Jaziri, Board Secretary.

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SALAMA shares starting from 11:50 AM after disclosing the results of its BOD meeting. The Resume-Auction session (no-matching) will be 5 minutes
Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From Islamic Arab Insurance Company
Disclosure: Results of BOD Meeting

On October 21, 2025, the Board of Directors of the Islamic Arab Insurance Company (SALAMA) held a meeting. During this meeting, Mr. Essa Ali Bin Salem Bin Jassim Alzaabi was elected as the Chairman of the Board. The board also elected members of the Board Committees, approved the initiation of the capital reduction process including the publication of a creditors' announcement, and addressed regular matters and other business updates. The communication was signed by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From Amlak Finance P.J.S.C
Disclosure: Results of Board Decisions by Passing

The Board of Directors of Amlak Finance PJSC passed resolutions by circulation on Tuesday, 21 October 2025, at 9:00 AM. These resolutions pertained to regular and internal matters. This information was communicated to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The message was sent by Lama Takieddin, the Head of Corporate Governance and Board Secretary, with a copy to the Securities & Commodities Authority.

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
för 5 månader sedan
News Update From ORIENT Insurance PJSC
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

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