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Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, have released their primary and unaudited consolidated financial statements as of March 31, 2026.
GFH Bank B.S.C. announced its intention to make a voluntary offer to acquire some of the issued shares of Seef Properties B.S.C. This announcement follows the requirements of the Takeover, Mergers, and Acquisition Module under Volume 6 of the Rulebook by the Central Bank of Bahrain. On April 30, 2026, GFH's Board of Directors approached Seef Properties' Board for this proposed acquisition, pending necessary regulatory, board, and shareholder approvals. The discussions may or may not result in a formal offer, and GFH commits to providing regular updates to ensure compliance with relevant laws and regulations.
The board of directors of BHM Capital Financial Services PSC is scheduled to meet on Thursday, May 14, 2026, at 12:00 PM. The agenda includes reviewing and approving the company's consolidated interim financial statements for the three-month period ending March 31, 2026, and discussing routine operational matters. The meeting details were communicated by Abdel Hadi Al Sa’di, the Chief Executive Officer.
Amlak Finance announced its financial results for the first quarter of 2026, reporting a net profit after income tax of AED 52 million, marking an 86% increase compared to the same period in 2025. The company's total assets were valued at AED 3.46 billion. Revenue for Q1 2026 increased by 8% to AED 65 million, with revenue from financing and investing activities rising to AED 30 million, largely due to higher placement of wakala deposits. The cost of distribution to financiers was reduced to zero, following the full settlement of financial obligations in July 2025. Amlak also approved a dividend of AED 735 million, reflecting its commitment to shareholder value. The company's performance is attributed to efficient financial management and streamlined operations. Established in 2000, Amlak Finance provides innovative, Sharia-compliant property financing products.
Amlak Finance PJSC and its subsidiaries have released their review report and condensed consolidated interim financial information for the three-month period ending on March 31, 2026. This information is unaudited.
On 12 May 2026, the Board of Directors of Amlak Finance PJSC passed a resolution by circulation, approving the financial statements for the first quarter of 2026. The decision was made at 3:00 PM. The information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Lama Takieddin, Head of Corporate Governance and Board Secretary. A copy was also sent to the Capital Market Authority.