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Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of ALFIRDOUS is being held on 11/07/2025

Al Firdous PJSC's Board of Directors invites shareholders to the Annual General Assembly Meeting on Friday, November 7, 2025, at 11:00 AM, either in person at Boulevard Plaza Tower 2, Dubai, or remotely. The agenda includes reviewing and approving the Board's and Auditor's reports, the Company's budget, profit and loss statement, and Integrated Report for the financial year ending March 31, 2025. The meeting will also address discharging the Board and Auditors from liability, considering recommendations against dividend distribution and board remuneration, appointing auditors for the next financial year, and appointing Eng. Mohamed Bahaa Khairy Al Qaseer to a vacant Board seat. Shareholders can delegate representatives, subject to conditions, and proxies must be submitted in advance.

1. DFM News: Reminder: General Assembly of ALFIRDOUS is being held on 11/07/2025

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Al Sagr National Insurance Company
Disclosure: Board Decisions by Passing

The Dubai Financial Market has been notified of an upcoming Board of Directors meeting for Al Sagr National Insurance Company. The meeting is scheduled for Monday, July 14th, 2025, and will be conducted via circulation. The agenda includes reviewing and approving the financials for the first quarter of 2025, restructuring committees formed by the Board of Directors, and discussing any other arising topics. The notification is signed by Abdul Mohsen Jaber, the CEO of Al Sagr National Insurance PSC, and a copy has been sent to the Securities and Commodities Authority.

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Gulf Navigation Holding PJSC
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From National International Holding Company
Disclosure: Disclosure of Material Information

1. Disclosure: Disclosure of Material Information

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From AJMAN BANK PJSC
Disclosure: Notification from the company

The document is a formal notification addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, from Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors' Secretary. It informs the recipient that the Ajman Government's ownership percentage in Ajman Bank has increased from 28.4347% to 31.1477%.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of GULFNAV is being held on 10/07/2025

Gulf Navigation Holding PJSC is inviting its shareholders to a general assembly meeting on July 10, 2025, at the Novotel Hotel in Dubai and online. The agenda includes discussing the acquisition of Brooge Petroleum & Gas Investments and related entities. Special resolutions to be considered include allowing the transfer and registration of shares and mandatory convertible bonds to Brooge Energy Limited, ensuring no ultimate beneficial owner exceeds 30% ownership, and amending the company's Articles of Association to allow up to 100% foreign ownership of the company's shares.

1. DFM News: Reminder: General Assembly of GULFNAV is being held on 10/07/2025

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From International Financial Advisors K.S.C.C.
Disclosure: Commenting on unusual trading activity in the company's shares

1. Disclosure: Commenting on unusual trading activity in the company's shares

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From AJMAN BANK PJSC
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Dubai Financial Market PJSC
DFM News: Press release - Nasdaq Dubai Welcomes China Development Bank’s Dual-Currency Bond Listing

Nasdaq Dubai has announced the listing of dual-currency bonds issued by China Development Bank, highlighting Dubai's role as a key international hub for fixed income issuances and cross-border investments. The bonds consist of a USD 500 million floating-rate tranche and a EUR 500 million fixed-rate tranche, both rated A1 by Moody's. The issuance attracted significant investor interest, with the euro tranche oversubscribed 15 times and the USD tranche three times. Investors included banks, sovereign entities, and asset managers from Europe, the Middle East, and Asia. Hamed Ali, CEO of Nasdaq Dubai, emphasized the strengthening ties with Chinese financial institutions and the confidence international investors have in Dubai's market infrastructure. This issuance is part of CDB's strategy to diversify its foreign-currency funding and expand its international investor base. Nasdaq Dubai continues to grow as a venue for Chinese issuers, with over USD 13.4 billion in Chinese fixed income listings. Total debt issuances on Nasdaq Dubai now exceed USD 136.2 billion.

1. DFM News: Press release - Nasdaq Dubai Welcomes China Development Bank’s Dual-Currency Bond Listing

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Emirates Integrated Telecommunications Company PJSC
Disclosure: Press release

Du and Omantel have announced the activation of the Oman Emirates Gateway (OEG), a 275km international fibre optic submarine cable system designed to enhance connectivity between the UAE and Oman. This project connects three international data centers: datamena DX1 in Dubai, Equinix MC1 in Barka, and Equinix SN1 in Salalah. The OEG aims to improve the region's digital infrastructure, offering a seamless connection and supporting the area's development into a global telecommunications hub. It enhances network efficiency, speed, and customer experience with advanced offerings. Du's Chief Commercial Officer, Karim Benkirane, described the OEG as a bridge to future-proofing the region's digital infrastructure, benefiting hyperscalers, content providers, and international carriers. Samy Al Ghassany, Omantel's Chief Technology and Digital Officer, highlighted the project's role in digital transformation and regional growth. The OEG provides resilience through dual routes, ensuring reliability and optimal network performance, supporting emerging technologies, and facilitating international business growth. This development strengthens du and Omantel's positions in the telecommunications industry, reflecting their commitment to attracting global players and driving economic growth and technological innovation in the UAE and Oman.

1. Disclosure: Press release

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