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Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From BHM Capital Financial Services PSC
Disclosure: Notification from the company

On July 13, 2026, it was announced that BHM Capital Financial Services has been appointed as the liquidity provider for Anan Investment Holding P.J.S.C. shares, which are listed on the Abu Dhabi Securities Exchange. This appointment is effective from the same date. The notification was submitted through the EFSAH electronic disclosure system.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Press release

Drake & Scull International PJSC (DSI) has been awarded a contract worth AED 52.8 million by Khamas Group of Investment Companies to complete the Mechanical, Electrical, and Plumbing (MEP) works for The Ritz-Carlton Residences in Business Bay, Dubai. This project, located along the Dubai Water Canal, includes 48 luxury residences and aims to deliver a high-quality residential experience associated with The Ritz-Carlton brand. The contract enhances DSI's project backlog and aligns with Khamas Group's strategy to involve specialized contractors to ensure the project's quality and timely completion. Work on the project will begin after completing contractual and mobilization requirements.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has launched a new edition of its "Tanweer 2.0" Program to enhance youth empowerment and financial awareness among students in Bahrain. The program, now open to the public, targets students in Grades 11 and 12 who have or open an Al Salam Bank Youth Account. This year, 200 students will participate, gaining exposure to professional environments and learning essential financial and banking concepts. The initiative aims to build confidence and career readiness among Bahrain's youth, contributing to the country's long-term economic development. Muna Al Balooshi, Chief Human Resources Officer at Al Salam Bank, emphasized the importance of investing in young people before they enter the workforce.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Dubai Financial Market PJSC
DFM News: DFM Regulated Short Sell – Weekly Summary – July

The weekly summary for DFM Regulated Short Sell Transactions from July 6th to July 10th, 2026, reports that Emirates Integrated Telecommunications Company PJSC had a short sell trade volume of 7,900 and a trade value of AED 99,914. For more details on Regulated Short Selling, refer to the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The document includes a disclaimer stating that the information is subject to change and DFM is not liable for any losses resulting from the use of this data.

1. DFM News: DFM Regulated Short Sell – Weekly Summary – July

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Taaleem Holdings PJSC
Disclosure: Press release regarding financial results for 9M 2025/26

Taaleem Holdings PJSC, a leading K-12 education provider in the UAE, announced its financial results for the nine-month period ending May 31, 2026. The company reported an 18.5% year-over-year increase in operating revenues to AED 1,166.2 million and a 9.0% rise in net profit to AED 283.2 million, driven by growth in the premium schools segment and contributions from Kids First Group (KFG). Despite regional challenges, Taaleem maintained full operational continuity, with strong enrolment and fee collection. The premium schools segment saw a 10.5% increase in capacity and an 11.5% rise in enrolment, signaling robust demand. EBITDA, excluding KFG, rose 16.0% to AED 439.4 million, reflecting a 37.7% margin. The net profit margin was 24.3%, impacted by expansion-related finance costs and a one-off calendar adjustment. KFG contributed AED 10.7 million to earnings, with enrolment recovering to 82% of pre-closure levels by mid-June. Overall, Taaleem's operations remained resilient, adapting seamlessly to on-campus and remote learning as needed.

1. Disclosure: Press release regarding financial results for 9M 2025/26

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Taaleem Holdings PJSC
Disclosure: Financial statements for the 3rd QTR of 2026

Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the nine-month period ending on May 31, 2026.

1. Disclosure: Financial statements for the 3rd QTR of 2026

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Taaleem Holdings PJSC
Disclosure: Results of BOD Meeting

On July 9, 2026, a board meeting of Taaleem Holdings PJSC was held from 3:00 PM to 5:00 PM with 8 board members present, achieving an 89% quorum. The board resolved to approve and publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2026. The meeting's authorized signatory was Alan Williamson, the Chief Executive Officer.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Dubai Islamic Bank
Disclosure: Earnings Call

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Al Salam Bank B.S.C
Disclosure: Press release

ASB Capital, an asset and wealth management firm with USD 9.1 billion in assets under management, served as Joint Lead Manager and Bookrunner for Alinma Bank's USD 500 million Sustainable Additional Tier 1 Sukuk issuance. This issuance, which is perpetual and callable after 5.5 years with an annual profit rate of 6.625%, was listed on the International Securities Market of the London Stock Exchange. The transaction was highly successful, being more than three times oversubscribed, indicating strong demand from regional and international investors. ASB Capital has established a growing presence in regional capital markets, having participated in several significant Sukuk and capital raising transactions. The firm is also expanding its investment banking services through strategic advisory roles. ASB Capital's involvement in this transaction underscores its strong relationships and trust within the industry, while Al Salam Bank's Chief Treasury Officer highlighted the regained momentum in regional debt capital markets and the appeal of Sukuk issuances as part of diversified funding strategies.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 månader sedan
News Update From Dubai Taxi Company PJSC
Disclosure: Press release

Dubai Electricity and Water Authority (DEWA) and Dubai Taxi Company (DTC) have launched Dubai's first ultra-fast electric vehicle (EV) charging hub for DTC’s electric taxi fleet. The hub, located at DTC’s headquarters in Muhaisnah 4, features 24 ultrafast charge points, each with a capacity of 360 kW, enabling the simultaneous charging of 24 vehicles in about 35 minutes. This development is part of a strategic agreement signed at WETEX 2025 to install over 200 ultrafast EV charge points for DTC's fleet, enhancing Dubai's green mobility infrastructure. The initiative supports Dubai's Green Mobility Strategy 2030 and the Net Zero Carbon Emissions Strategy 2050 by promoting sustainable and efficient transportation and reducing carbon emissions. DEWA CEO Saeed Mohammed Al Tayer emphasized the importance of strategic partnerships in advancing Dubai’s sustainability goals, while DTC Group Chairman Abdul Muhsen Ibrahim Kalbat highlighted the role of such collaborations in DTC's growth and commitment to innovative mobility.

1. Disclosure: Press release

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