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The text provides details on margin parameters for DFM Futures, effective from March 11, 2026. It lists various underlying symbols, their base margin percentages, and the associated margin per contract in AED or USD, along with the spread margin per contract. The document also mentions that the methodology for margin calculation and types of eligible margin can be found in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. Additionally, the announcement is available on the Dubai Financial Market's website. A disclaimer notes that the information is subject to change and advises referring to the official Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of inconsistencies.
SALAMA - Islamic Arab Insurance Company PJSC has announced the opening of nominations for its Board of Directors. Shareholders can submit their nominations from March 11, 2026, to March 20, 2026. Candidates must apply at the company's main office in Dubai and include a brief resume and specify the type of membership they are applying for (executive, non-executive, or independent). Seven board members are to be elected, and candidates must meet the conditions outlined in relevant laws and governance guides. Nominations will be open for ten days following the announcement.
The General Meeting of TECOM Group PJSC took place on Tuesday, 10 March 2026, from 3:00 pm to 3:30 pm at Thuraya Hall, Dubai Internet City, Dubai, and was also accessible remotely. Mr. Malek Al Malek chaired the meeting, which had a quorum of 88.1% attendance through electronic voting. The meeting resulted in the approval of the Board of Directors' report on the company's activities and financial position for the year ending 31 December 2025, the external auditors' report, the company's balance sheet, and profit and loss account for the same period. Additionally, a cash dividend distribution for the second half of the financial year amounting to AED 440 million (8.8 fils per ordinary share) was approved, bringing the total cash dividend for the fiscal year 2025 to AED 840 million, including an interim dividend of AED 400 million.
Mashreqbank P.S.C. held its Annual General Assembly Meeting on March 10, 2026, from 10:00 a.m. to 11:00 a.m. at its head office in Dubai, with both physical and virtual attendance. The meeting was chaired by H.E. Abdulaziz Al Ghurair, with a quorum of 96.70% of attendees. The secretary of the meeting was Shaima Al Obeidli, and Lumi acted as the vote collectors. The assembly approved several ordinary resolutions, including the Board of Directors’ report on the bank’s activities and financial position, the auditor’s report, and the bank’s balance sheet and profit and loss account for the financial year ending December 31, 2025.