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SHUAA Capital has been appointed as the exclusive financial advisor for Islamic Arab Insurance Company (Salama) to assist with its capital restructuring and issuance of a Mandatory Convertible Sukuk (MCS). This strategic move aims to strengthen Salama's capital base and solvency. The restructuring plan, approved by Salama's shareholders, involves a capital reduction followed by an MCS issuance of up to AED 175 million, aligning with regulatory requirements and shareholder interests. SHUAA's appointment highlights its expertise in investment banking and its focus on expanding fee-based income through impactful advisory roles. The MCS issuance is expected to be completed in the coming months, pending regulatory approvals. Both companies are listed on the Dubai Financial Market, ensuring transparency and governance throughout the process.

The Islamic Arab Insurance Company PJSC has announced that its general assembly approved a special resolution to reduce and then increase the company's share capital. The capital reduction will decrease the issued share capital from AED 939,588,998 to AED 483,021,183, effective on December 8, 2025. This reduction involves eliminating accumulated losses and canceling certain shares. The board of directors has been authorized to take necessary actions to implement these changes, which have been presented to the general assembly and are based on the external auditor's report.

GFH Financial Group B.S.C. announced that following the Ordinary General Meeting's resolution on March 24, 2024, which approved the repurchase of up to 10% of its total issued shares as treasury shares, the group has received approval from the Central Bank of Bahrain to proceed with this plan. The share repurchase will commence on October 22, 2025. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The Commercial Bank of Dubai (P.S.C.) will hold an earnings call meeting on Thursday, October 23, 2025, at 3:00 p.m. to discuss the financial results for the quarter ending September 30, 2025. Further details can be found on the bank's website under the Investor Relations section. The notification was sent to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority. The letter was signed by Mr. Ahmed Ali Al Jaziri, Board Secretary.

On October 21, 2025, the Board of Directors of the Islamic Arab Insurance Company (SALAMA) held a meeting. During this meeting, Mr. Essa Ali Bin Salem Bin Jassim Alzaabi was elected as the Chairman of the Board. The board also elected members of the Board Committees, approved the initiation of the capital reduction process including the publication of a creditors' announcement, and addressed regular matters and other business updates. The communication was signed by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.

The Board of Directors of Amlak Finance PJSC passed resolutions by circulation on Tuesday, 21 October 2025, at 9:00 AM. These resolutions pertained to regular and internal matters. This information was communicated to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The message was sent by Lama Takieddin, the Head of Corporate Governance and Board Secretary, with a copy to the Securities & Commodities Authority.