On 21 January 2026, the Board of Directors of Gulf Navigation Holding PJSC held a meeting where they resolved to convert 603,540,729 Mandatory Convertible Bonds into the same number of shares. This conversion will increase the company's share capital from AED 2,586,713,159 to AED 3,190,253,888, subject to approval from the Capital Market Authority and completion of necessary procedures with regulatory authorities. Additionally, the Board approved regular matters and any other business of the company.

The Board of Directors of Gulf Navigation Holding PJSC will hold a meeting on Wednesday, 21 January 2026, at 10:00 am. The agenda includes considering the approval to convert a number of mandatory convertible bonds into shares, contingent upon the approval of the Capital Market Authority, as well as addressing regular matters and any other business of the company. The notification is signed by Alvaro Benevides, the Board Secretary of Gulf Navigation Holding PJSC.

On 29 December 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting. During this meeting, they approved regular matters and addressed any other business related to the company. The communication was addressed to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority. The letter was signed by Alvaro Benevides, the Board Secretary of Gulf Navigation Holding PJSC.

On 24 December 2025, a notification was sent to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, informing them of a scheduled Board of Directors meeting for Gulf Navigation Holding PJSC. The meeting is set to take place on Monday, 29 December 2025, at 10:00 am. The agenda includes regular matters and any other business related to the company. The notification was signed by Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

Gulf Navigation Holding, listed on the Dubai Financial Market, has announced the start of the Final Engineering Design (FEED) work for a specialized refinery project aimed at producing high-quality gasoline in Fujairah. This project, which will produce Euro 5 compliant gasoline, is being developed through its wholly-owned subsidiary, Brooge Petroleum and Gas Investments (BPGIC). The official kick-off for the design phase has commenced, with collaboration from the Italian company PEG and Honeywell UOP providing licensed technologies. The project is being executed within an integrated engineering framework that adheres to approved technical standards and global best practices for designing specialized refining facilities.

The financial platform has announced that the company, Al Khaleej Investment, has received a "B+" rating for its issuance of bonds valued at 612 million Emirati dirhams (approximately 167 million US dollars) due in December 2025. The rating reflects the company's strategic transformation efforts and long-term growth plans. The issuance aims to support the company's strategic transition and growth plans while reducing financing costs and enhancing financial flexibility. The company recently acquired a project, which will further assist in its strategic transformation and implementation of long-term growth plans. The issuance is expected to strengthen investor confidence and support the company's strategic objectives.

Gulf Navigation Holding PJSC has appointed a new Chairman, who expressed confidence in the company's financial health and strategic direction. The company has recently acquired Brooge Energy Limited's assets in Fujairah, valued at approximately AED 3.2 billion. This acquisition was financed through a combination of cash and shares, including a AED 460 million cash payment funded by a AED 500 million capital increase. The remaining amount was settled through shares and mandatory convertible bonds issued to Brooge shareholders. After converting these bonds into equity, Gulf Navigation's share capital is expected to increase to about AED 3.5 billion, strengthening its financial position. The acquisition adds high-quality, income-generating assets to the company's portfolio, enhancing its energy infrastructure capabilities.

The Board of Directors of Gulf Navigation Holding PJSC held a meeting on December 17, 2025. During the meeting, the following resolutions were made: His Excellency Suhail Al Mazrouei relinquished his position as Vice Chairman and Board member, and was appointed as Chairman of the Board. Mr. Rasool Alameri was appointed as Vice Chairman, with these appointments subject to confirmation or further review. Mr. Saif Ibrahim Ahmad Alhazaimeh was appointed as acting CEO of the Company. Additionally, the appointment of Mr. Jimmy Rashed was revoked.

The text is a notification from Gulf Navigation Holding PJSC to its shareholders. It informs them that the Board of Directors will meet on Wednesday, 17 December 2025, to discuss the resignation of H.E. Suhail Almazrouei from his position as Vice Chairman. Additionally, the Board will consider appointing a new Board member and electing a new Chairman and Vice Chairman. The notification is signed by Ahmad Kilani, a Board Member of Gulf Navigation Holding PJSC.

On 16 December 2025, a letter was addressed to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority in Abu Dhabi, United Arab Emirates. The letter announced the resignation of H.E. Suhail Almazrouei from his position as Vice Chairman and board member of Gulf Navigation Holding PJSC, effective 15 December 2025. The letter was signed by Ali Abouda, Chief Finance & Operations Officer of Gulf Navigation Holding PJSC.