Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
TECOM Group has launched Phase 4 of its Innovation Hub in Dubai Internet City, a development valued at AED 615 million. This expansion responds to the growing demand for Grade-A office spaces from multinational companies in future-focused economic sectors. The project aligns with the UAE's Digital Economy Strategy and Dubai Economic Agenda D33, bringing TECOM's total investment in the Innovation Hub to AED 2 billion. The new phase, with a gross leasable area of 263,000 sq. ft., aims to strengthen TECOM's portfolio and provide sustainable value for shareholders. The previous phases, including the fully leased Phase 3, have been successful, with tenants such as Google and Gartner. The completion of Phase 4 in 2028 will enhance TECOM's ability to serve technology clients amid increasing demand for premium office spaces.
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 Jimmy Rashed was revoked.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 Board of Directors meeting for Takaful Emarat Insurance PSC took place on Wednesday, 17 December 2025, from 4:00 PM to 5:00 PM. Five board members were present, achieving a quorum of 71%. The meeting included discussions on business updates and other matters. The authorized signatory for the meeting's decisions and resolutions was Adnan Sabalaaish, the Chief Executive Officer.
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.
GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Wednesday, 11 February 2026, at 2 p.m. Bahrain time. The meeting will cover the financial results for the year ending 31 December 2025 and other internal matters. The announcement was made by Mariam Jowhary, the Head of Compliance and AML.
On December 16, 2025, a clarification was issued by Emaar Properties PJSC regarding a media report from December 14, 2025, about an arbitration case. The company clarified that it is not involved in the case, which does not impact its shares. The case was filed by Arabtec Egypt against Emaar Misr for Development SAE, a company listed on the Egyptian Stock Market, in January 2025. The dispute involves a construction contract in Egypt, with a claim amounting to EGP 680 million (approximately AED 53 million). The statement was signed by Mohamed Alabbar, Managing Director.
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.