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On 17 April 2026, Amlak Finance PJSC announced that it has entered into a definitive agreement to sell its financing contracts to a UAE Central Bank-regulated entity for an initial purchase price of AED 74.88 million. This decision follows a special resolution passed on 30 June 2025. The sale's completion is contingent upon fulfilling certain conditions. The transaction is not expected to have a material impact on the company's profit and loss account or retained earnings, pending the final assessment of the actual purchase price. The financial impact will be reflected in the second quarter of 2026. The announcement was authorized by Lama Takieddin, Head of Governance and Board Secretary.
The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Wednesday, April 22, 2026, at 10:00 am. The meeting will address board-related matters, regular company business, and any other business. The notification is signed by Alvaro Benevides, the Board Secretary.
The Dubai Financial Market (DFM) recently visited Hong Kong during the HSBC Global Investment Summit 2026, aiming to enhance international investor engagement. This visit involved meetings with institutional investors and market participants, particularly from Asia, emphasizing Dubai's growing role in global capital allocation. The discussions focused on market access and sector opportunities, reinforcing the financial ties between Dubai and Hong Kong. The summit facilitated dialogue on market dynamics and cross-market connectivity, aligning with DFM's strategic goals. Hamed Ali, CEO of DFM and Nasdaq Dubai, highlighted the importance of international investor participation and the goal of converting engagement into sustained capital flows. This initiative aligns with the Dubai Economic Agenda (D33), which seeks to position Dubai as a leading financial center. In Q1 2026, DFM's trading value reached AED 61 billion, marking a 48% increase from the previous year, with foreign investors contributing to 54% of the trading.
Al Sagr National Insurance Co. (PSC) has announced the opening of nominations for its Board of Directors from April 17 to April 26, 2026. Shareholders or individuals meeting the criteria can apply by submitting their profiles and indicating their desired category of membership (Non-Independent or Independent Director) to the company's head office in Dubai or via email. Seven board members will be elected, and nominations are open for ten days as per regulatory requirements. Applicants must comply with relevant laws and regulations, and submit necessary documents. Once the nomination period closes, applications cannot be transferred. The list of candidates will be published on April 28, 2026, and will require approval from the Central Bank of the UAE.
The weekly summary for DFM Regulated Short Sell Transactions from April 13 to April 17, 2026, reports that Emaar Properties PJSC had a short sell trade volume of 200,030 with a trade value of AED 2,456,773.20. For detailed information on Regulated Short Selling, refer to the DFM Market Rules and Operational Model available on the DFM website. The document includes a disclaimer that the information is subject to change and DFM is not liable for any losses resulting from the use of this data.
The Board of Directors of Emirates NBD Bank (P.J.S.C) is scheduled to meet on Wednesday, 22nd April 2026, at 3:00 PM. The main agenda items for discussion include the approval of the previous Board meeting minutes, review of the Emirates NBD Group's consolidated financial statements for the first quarter ending 31st March 2026, and discussion of normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, and is signed by Dr. Ahmed Saeed Alkhalfawi, Group Company Secretary. A copy of the letter is also sent to the Securities & Commodities Authority.