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Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From BHM Capital Financial Services PSC
Disclosure: Results of BOD Meeting

On Thursday, May 15, 2025, BHM Capital Financial Services P.S.C. released the results of a board of directors meeting held on Wednesday, May 14, 2025. The meeting took place from 3:30 PM to 4:30 PM, with all seven board members present, achieving a 100% quorum. During the meeting, the board approved the Q1 financial statements for 2025 and discussed other routine operational matters. The information was communicated by Abdel Hadi Al Sadi, the Chief Executive Officer of BHM Capital Financial Services P.S.C.

1. Disclosure: Results of BOD Meeting

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 GULFNAV shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From NAEEM Holding For Investments EJSC
Disclosure: Financial statements for the 1st QTR of 2025

1. Disclosure: Financial statements for the 1st QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting

The Board of Directors of Gulf Navigation Holding PJSC held a meeting on 14 May 2025. During this meeting, they approved the interim financial statements for the three-month period ending 31 March 2025. Additionally, they agreed to call for a general assembly meeting, pending approval from the Securities and Commodities Authority. The general assembly will consider two main issues: a proposal to amend the company’s Articles of Association to increase foreign ownership of the company's shares, and amendments to the structure of an acquisition transaction to allow the transfer of bonds and shares from Borouge Energy Limited to third parties, including its ultimate beneficial owners.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Gulf Navigation Holding PJSC
Disclosure: Financial statements for the 1st QTR of 2025

1. Disclosure: Financial statements for the 1st QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Islamic Arab Insurance Company
Disclosure: Press release

Salama, a leading regional Takaful provider, reported AED 256 million in revenue for Q1 2025, showcasing strong performance in a challenging environment. The company's total assets reached AED 3.164 billion, with an increase in equity due to the appreciation of the Algerian Dinar and Egyptian Pound. Although net profit for Q1 2025 was AED 0.39 million, compared to AED 17.6 million in Q1 2024, the previous year's profit included a one-off gain. Excluding this, core performance remained resilient. Total comprehensive income improved to AED 4.07 million from a loss of AED 23.1 million in the same period last year, driven by favorable foreign currency adjustments. Salama's outlook was affirmed by S&P Global Ratings with a 'BBB-' rating and a Developing outlook, indicating potential for sustainable growth. The company is focused on sustainable growth, strategic renewal, and transformation under the leadership of Group CEO Mohamed Ali Boubane, emphasizing disciplined underwriting, operational excellence, and digital innovation.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Islamic Arab Insurance Company
Disclosure: Detailed Analysis Accumulated Losses

1. Disclosure: Detailed Analysis Accumulated Losses

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Islamic Arab Insurance Company
Disclosure: Financial statements for the 1st QTR of 2025

Islamic Arab Insurance Co. (Salama) PJSC and its subsidiaries have released their review report and interim condensed consolidated financial statements for the period ending on March 31, 2025. These statements are unaudited.

1. Disclosure: Financial statements for the 1st QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From Islamic Arab Insurance Company
Disclosure: Results of BOD Meeting

The Board of Directors of the Islamic Arab Insurance Company (SALAMA) held a meeting on Wednesday, 14 May 2025, at 2:00 PM. During the meeting, the Board discussed and approved the company's financial statement for the first quarter ending on 31 March 2025, along with regular matters and any other business. The meeting was communicated by Motaz Kraishan, the Board Secretary.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för ett år sedan
News Update From GFH Financial Group B.S.C.
Disclosure: Result of Earnings Call

On May 14, 2025, GFH Financial Group B.S.C. announced the successful completion of a live webcast session regarding their first-quarter financial results for 2025. This session, initially disclosed in a notification dated May 8, 2025, was held online at 1:00 p.m. Bahrain time. The presentation and script from the webcast are available for reference. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and includes the company seal.

1. Disclosure: Result of Earnings Call

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