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BHM Capital has been appointed as the Market Maker for the Retail T-Sukuk, a local currency Islamic Sukuk issuance listed on Nasdaq Dubai. This appointment highlights BHM Capital's role in enhancing liquidity and supporting the development of the UAE's capital markets. As a Market Maker, BHM Capital will provide continuous two-way quotes for the Retail T-Sukuk, facilitating orderly trading and improving liquidity. The company's CEO, Abdel Hadi Al Sa'di, emphasized their commitment to strengthening the UAE's capital markets and supporting efficient price discovery and dynamic trading environments for investors.
Al Salam Bank has introduced a limited-time offer for its clients in Bahrain, coinciding with the launch of the new BYD Ti7. This initiative, in partnership with BYD, offers exclusive pricing on selected BYD and DENZA vehicles, along with competitive financing rates, available until July 11, 2026. The offer aims to capitalize on the growing interest in the BYD Ti7, providing clients with the opportunity to purchase the latest models at special prices through favorable financing options. During the offer period, the bank's team will be on-site to assist with financing applications. Clients who finance through Al Salam Bank will also enjoy benefits such as participation in the "Settle Your Finance" campaign, reward points through the Al Salam Rewards Program, and flexible repayment options, including a grace period of up to six months. Al Salam Bank's Chief Retail Banking Officer, Mohammed Buhijji, emphasized the bank's dedication to forming strategic partnerships and offering competitive auto financing solutions. Fakhro Motors' Managing Director, Mohammed Fakhro, expressed satisfaction with the collaboration, highlighting the shared goal of enhancing the vehicle ownership experience in Bahrain. This initiative underscores Al Salam Bank's commitment to providing innovative financing solutions and exclusive offers to enhance client experiences.
The Ministry of Finance in the UAE has officially listed the country's first Sovereign Retail T-Sukuk Programme, which is now available for secondary market trading. This initiative, aimed at individual investors, saw significant interest, with subscription orders reaching AED 445 million, nine times the initially planned issuance size of AED 50 million. Consequently, the issuance size was increased to AED 100 million. The programme attracted a diverse group of retail investors, with UAE nationals making up 72% of the subscribers. Notably, young investors under 25 and women represented 45% of the subscriber base, highlighting the programme's role in promoting financial inclusion. The listing was marked by a bell-ringing ceremony at Nasdaq Dubai, led by H.E. Mohamed bin Hadi Al Hussaini, alongside other officials.
The Board of Directors meeting for Al Sagr National Insurance Company (PSC) was held on July 2, 2026, at 3:00 PM at the company's head office. During the meeting, Mr. Jasim Hussain Ahmed Al Ali was elected as Chairman of the Board, and Ms. Fatima Marzouq Mohammed Ali Al Ali was elected as Deputy Chairperson. The Board also approved the formation of various committees, including the Audit Committee, Risk Committee, Nomination and Remuneration Committee, and Executive Committee. The members of these committees will be appointed once the Board's composition is complete and necessary approvals are obtained according to applicable laws and regulations. The meeting results have been communicated to the Dubai Financial Market CEO, Mr. Hamed Ahmed Ali, and a copy has been sent to the Capital Market Authority.
On July 2nd, 2026, there was press speculation about Emirates NBD Bank potentially acquiring a business in Türkiye. The bank regularly explores both organic and inorganic growth opportunities. However, Emirates NBD stated that there have been no significant developments requiring an official announcement regarding these speculations. If any substantial developments occur, the bank will disclose them in accordance with regulatory obligations. For further inquiries, contact Karan Goyal, Head of Investor Relations, or Ibrahim Sowaidan, Head of Group Corporate Affairs.