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Al Ansari Financial Services PJSC, the largest non-banking financial services provider in the GCC, has opened a new business solutions center in Hyderabad, India. This center, named Al Ansari Financial Services Solutions Private Limited, is intended to enhance efficiency, productivity, and cost-effectiveness for the Group. By capitalizing on India's talent and technological expertise, the center will support the Group's digital transformation efforts. Deputy Group CEO Mohammad Bitar highlighted the Group's commitment to innovation and operational excellence, emphasizing the new office's role in streamlining operations and creating career opportunities. The India office will focus on optimizing processes and developing solutions for the financial industry, aiming to foster collaboration and innovation. Initially, an IT Excellence Centre has been set up, with plans to expand into business process outsourcing services to further optimize operations and support strategic growth.
Al Salam Bank in Bahrain has introduced dedicated ATMs for Eid Al Adha, allowing customers to withdraw new banknotes in smaller denominations at three major shopping malls: Marassi Galleria, City Centre Bahrain, and The Avenues Mall. This initiative, available from June 3 to June 5, 2025, is in response to client demand and aims to enhance banking accessibility and convenience during the festive season. The ATMs help reduce in-branch traffic and are part of the bank's strategy to expand digital and self-service capabilities. Mr. Mohammed Buhijji, Head of Retail Banking, stated that this initiative supports the bank's mission to provide efficient and accessible services during important occasions. For more details, customers can visit the bank's website, contact via WhatsApp, or use the Skiplino app for appointments.
The document provides a summary of the Dubai Financial Market (DFM) Regulated Short Sell transactions for the period from May 26 to May 30, 2025. During this period, Emaar Properties PJSC had a short sell trade volume of 1 and a trade value of 336.25 AED. For more details on regulated short selling, the document refers readers to the DFM Market Rules and Operational Model available on their website. A disclaimer notes that the information is subject to change and DFM is not liable for any losses incurred from the use of the document's content.
Mashreqbank PSC held a Board of Directors meeting on May 30, 2025, at 10:00 am. The meeting reviewed and approved the previous meeting's minutes from January 30, 2025, and discussed other topics related to the bank's business and activities. The communication was signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.