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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
Disclosure: Notification from the company

The Dubai Financial Market (PJSC) is involved in a transaction to dispose of an investment asset, specifically through the sale of an asset valued at AED 326.93 million, which constitutes 4.08% of the company's capital. The total value of the transaction is AED 826.67 million. The purpose of this transaction is to enhance shareholder value and reallocate capital towards higher growth opportunities. The deal involves Creek Views Real Estate Development LLC and is not related to any associated parties. The transaction was signed and executed on August 5, 2025, with an expected closing date of August 5, 2027. As the disposing party, the company aims to use the collected funds to further enhance shareholder value and pursue growth opportunities. The payment terms include a 20% advance and 30% after a specified period.

1. Disclosure: Notification from the company 2. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From TECOM GROUP P.J.S.C.
Disclosure: Result of Earnings Call

The earnings call for TECOM Group PJSC regarding the financial statements for the first quarter ending on March 31, 2025, was held at 3:00 pm on Monday, May 12, 2025. Shareholders and investors are encouraged to visit the Investor Relations page on the company's website to view the presentation of the financial results and operational highlights for the period. A link to the presentation is provided. The communication is addressed to Mr. Hamad Ali, CEO of the Dubai Financial Market, and is copied to the Securities and Commodities Authority. The letter is from Abdulla Belh, a Chief Executive, and TECOM Group is a member of Dubai Holding.

1. Disclosure: Result of Earnings Call

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

Al Salam Bank has introduced a new digital service that allows clients to apply for credit cards based on their monthly salary through the bank's mobile app. This service eliminates the need for branch visits or physical document submissions. It offers instant approval after virtual income verification, aiming to provide a faster and fully integrated digital banking experience. This initiative is part of the bank's efforts to enhance its digital platforms and streamline banking operations, reflecting a strategic shift towards full digitalization. The service is designed for ease of use and quick processing, reinforcing the bank's dedication to delivering superior banking experiences without traditional processes. For more details, clients can visit the bank's website, contact via WhatsApp, or use the Skiplino app to book a virtual branch appointment.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From SHUAA Capital PSC
Disclosure: Board Decisions by Passing

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has its headquarters located at The H Hotel, Office Tower, 15th Floor, Office No. 1502, Dubai, UAE. The company is addressing Mr. Hamid Ahmed Ali, the CEO of the Dubai Financial Market, in a letter dated May 12, 2025. The letter informs shareholders that the agenda item concerning the approval of the company's consolidated and audited financial statements for the period ending March 31, 2025, has been postponed. The company's board of directors will make decisions on this matter by circulation on May 15, 2025. The letter is signed by Islam Mahrous, the Chief Compliance Officer.

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From EMAAR DEVELOPMENT PJSC
Disclosure: Earnings Call

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Emaar Properties PJSC
Disclosure: Earnings Call

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on AMCREIT shares after disclosing the resolutions of its General Assembly
Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From National Industries Group Holding (S.A.K.)
Disclosure: Annotation in the Commercial register

1. Disclosure: Annotation in the Commercial register

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 USD 500 Million Green Sukuk Listing by OMNIYAT

Nasdaq Dubai has listed a USD 500 million Green Sukuk issued by OMNIYAT, a Dubai-based real estate developer. This three-year Sukuk, maturing in May 2028, offers a profit rate of 8.375% and is part of a USD 1 billion Trust Certificate Issuance Programme. The funds raised will be used to support sustainable real estate projects within OMNIYAT's portfolio, focusing on energy efficiency and environmental performance. The issuance was well-received by both regional and international investors, indicating strong confidence in OMNIYAT's strategy and Dubai's real estate sector. Mahdi Amjad, OMNIYAT's Founder and Executive Chairman, emphasized the company's commitment to sustainable growth. Hamed Ali, CEO of Nasdaq Dubai and DFM, highlighted the significance of this listing in enhancing the exchange's ESG and Islamic finance offerings. With this listing, the total value of ESG-linked debt instruments on Nasdaq Dubai has reached USD 29.6 billion, and the total value of Sukuk listed stands at USD 96.2 billion.

1. DFM News: Press release - Nasdaq Dubai Welcomes USD 500 Million Green Sukuk Listing by OMNIYAT

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