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Salama, a regional insurer listed on the Dubai Financial Market, has appointed Mohamed Ali Bouabane as the new Group CEO. Bouabane, previously CEO of AIG GCC & North Africa, brings over two decades of experience in the insurance industry, having worked in Canada, Dubai, and Hong Kong. His expertise in risk management, digital transformation, and market expansion is expected to aid Salama's growth and digital innovation. Chairman Fahad AlQassim expressed confidence in Bouabane's ability to drive the company's success and enhance customer value. Bouabane, whose appointment is effective immediately, aims to lead Salama in delivering innovative insurance solutions and strengthening its market leadership. Salama is a leading provider of Shariah-compliant Takaful solutions, recognized for its customer-centric approach and diverse range of insurance products in the UAE, Egypt, and Algeria.

The Dubai Financial Market Company (PJSC) invites its shareholders to attend the Annual General Assembly Meeting (AGM) on April 7, 2025, at 3:00 pm, which will take place both virtually and physically at the Dubai World Trade Center. The agenda includes reviewing reports from the Board of Directors, Auditors, and Fatwa and Sharia Supervisory Board for the fiscal year ending December 31, 2024. Shareholders will discuss and approve the company's financial statements, dividend distribution of 3.2% per share, and the appointment of the Fatwa and Sharia Supervisory Board for 2025. Other agenda items include discharging liabilities of the Board and Auditors, appointing external Auditors for 2025, and approving related party transactions. Shareholders can register electronically and vote online. The meeting requires a quorum of at least 50% of the company's share capital. If the quorum is not met, a second meeting will be held on April 14, 2025. Shareholders are encouraged to update their contact details and review financial documents on the company's website.

GFH Financial Group B.S.C. announced that it has purchased 3,627,250 of its own treasury shares, increasing its total treasury shareholding from 173,924,950 shares (4.54% of total issued shares) to 177,552,200 shares (4.63% of total issued shares) as of April 6, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2025, and received the necessary authority approval on February 16, 2025. The average purchase price was 0.2860 USD per share, representing 0.095% of the issued capital. There are 205,707,183 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

Dubai Insurance Co. has announced that its Board of Directors will hold a meeting on Wednesday, April 9, 2025, at 12:00 PM at the company's head office. The purpose of the meeting is to review the company's general business matters. The announcement was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, and was issued by Sahem Abdelhaq, the Head of Legal.

Gulf Navigation Holding PJSC has announced the opening of the nomination period for its Board of Directors membership. The nomination period is from April 9 to April 18, 2025. Eligible individuals or shareholders can apply by submitting an application to the company's headquarters in Dubai, accompanied by a brief profile and the desired membership category (Executive, Non-Executive, or Independent Member). Two board members will be elected, and the process complies with relevant governance regulations. Applications must include specific documents as per regulatory requirements. After the nomination period, candidates cannot transfer their candidacy, and the list of nominees will be published on April 27, 2025, and submitted to the Securities and Commodities Authority and the Dubai Financial Market.