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Threads on regulatory news from companies
Threads on regulatory news from companies
GFH Financial Group B.S.C. announced the purchase of 3,388,218 treasury shares, increasing its total treasury shares from 260,658,973 (6.801% of total issued shares) to 264,047,191 (6.890% of total issued shares) as of December 15, 2025. The decision to purchase was made by the company's board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The shares were bought at an average price of USD 0.600, representing 0.088% of the issued capital. There are 119,212,192 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
Nasdaq Dubai has listed a USD 500 million Sukuk issued by MAF Sukuk Ltd., guaranteed by Majid Al Futtaim Holding LLC. The Sukuk, maturing in October 2035 with a profit rate of 4.875%, attracted an order book exceeding USD 2 billion, indicating strong global and regional investor interest. This issuance supports Majid Al Futtaim's corporate purposes and refinancing plans and reflects investor confidence in the company's financial strength and capital management strategy. The listing contributes to Nasdaq Dubai's total outstanding debt securities, which now exceed USD 145 billion. The event was marked by a market-opening ceremony attended by key executives from Majid Al Futtaim and Nasdaq Dubai.