Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
ONE App, powered by Al Salam Bank, has introduced a special digital auto finance offer for the Holy Month of Ramadan. This offer allows clients to apply for financing for new and used vehicles entirely through the app, without needing to transfer their salary or visit a branch. It features competitive profit rates, with new car financing starting at an annual profit rate of 5.1% and used car financing at 6.99%. The offer includes a grace period of up to six months and financing of up to 100% of a new car's value and 75% for used cars, with a repayment period of up to seven years. The initiative aims to provide flexible and accessible financing solutions, reflecting the app's commitment to meeting clients' needs during Ramadan. The offer is available to salaried Bahrainis and expatriates and can be accessed through ONE App.
Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. On February 19, 2026, the company's Board of Directors passed a resolution by circulation. They approved the corporate governance annual report for the fiscal year 2025 and recommended to the General Assembly the re-appointment of external auditors for the financial year 2026, including determining their remuneration and rotating the audit partner. The communication was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority.
On February 19, 2026, the Dubai Financial Market (PJSC) announced that its Board of Directors passed a resolution by circulation concerning an internal matter of the company. This follows a disclosure made by the company on February 18, 2026.
The Dubai Taxi Company PJSC will hold an earnings call on Tuesday, February 24, 2026, at 3:00 PM to discuss the financial results for the year ending December 31, 2025. The presentation for the meeting will be available on the company's website prior to the event. This information is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is communicated by Nader Ibrahim Mugbil, Head of Investor Relations. A copy of the communication is also sent to the Securities and Commodities Authority.
The Board of Directors of Dubai Insurance Company (PSC) invites shareholders to attend the Annual General Assembly meeting on Monday, March 16, 2026, at 12:00 PM. The meeting will be held at the company's headquarters and via remote video technology. The agenda includes approving the Board of Directors’ and Auditor’s reports for the fiscal year ending December 31, 2025, discussing and approving the company’s balance sheet and profit and loss account, considering proposals for cash dividends and remuneration for Board members, discharging or removing and potentially filing liability actions against Board members and auditors for the fiscal year ending December 31, 2025, and reappointing auditors for 2026 with determined fees. Shareholders may delegate attendance through a special written proxy, with certain restrictions.
Dubai Insurance Company has announced the release of its Integrated Report for 2025. The report includes the Board of Director’s Report, Auditor’s Report, Financial Statement, Corporate Governance Report, and Sustainability Report. More information can be found on their website.
The Chairman of Al Salam Bank B.S.C invites shareholders to the Annual Ordinary and Extra Ordinary General Meetings on March 12, 2026, at the Ritz Carlton Hotel in Bahrain. If a quorum is not met, subsequent meetings are scheduled for March 19 and April 1, 2026. The agenda for the Annual Ordinary General Meeting includes approving minutes from the previous meeting, discussing reports and financial statements for 2025, approving profit appropriations, and reappointing the Shari’a Supervisory Board and external auditors for 2026. The Extra Ordinary General Meeting will address ratifying previous meeting minutes, increasing share capital, and amending the Bank's Memorandum and Articles of Association. Shareholders can attend in person or appoint a proxy. Documents and proxy forms are available on the Bank's and Bahrain Bourse's websites. For inquiries, contact the Investor Relations Department.