Latest Threads on News from companies

GFH Financial Group B.S.C. has announced its decision to change its commercial name to "GFH Bank B.S.C." This strategic move aims to reflect a significant transformation in the company's business model and to enhance the clarity of its identity as a comprehensive banking and investment institution. The change is not expected to have any financial impact. For more details, refer to the attached release. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

On April 1, 2026, Amanat Holdings PJSC issued a Board of Directors resolution by circulation. The resolution includes the approval of funding up to SAR 65 million for newly issued shares by its majority-owned subsidiary, Cambridge Health Group, to expand its Jeddah hospital by approximately 70 beds, including outpatient and surgical services. Additionally, the resolution approves an amendment to the existing Liquidity Provider Agreement with Al-Ramz Capital LLC, allowing the provider to buy and sell ordinary shares of the company up to 5% of the share capital. Other administrative and routine matters that do not affect the share price were also addressed.

The Extraordinary General Meeting of GFH Financial Group B.S.C. was held on April 1, 2026, via electronic means, chaired by Mr. Hisham Alrayes. The meeting started at 11:30 am and ended at 11:40 pm Bahrain Time, with a quorum of 61.79% attendance. The meeting approved the following agenda items: the minutes of the previous meeting held on March 20, 2025; the change of the Group’s name from "GFH Financial Group B.S.C." to "GFH Bank B.S.C."; amendments to the Group’s Memorandum and Articles of Association concerning the name change; and authorization for the Chairman of the Board, the CEO, or their designee to execute necessary procedures related to the name change, including signing relevant documents before a notary public. The document was signed by Mariam Jowhary, Head of Compliance & AML.

Dubai Taxi Company and Baidu's Apollo Go have launched a driverless commercial ride-hailing service in Dubai, accessible via the Apollo Go app. This marks Apollo Go's first international app deployment. The partnership combines Baidu's autonomous technology with Dubai Taxi Company's local expertise. The initiative supports Dubai's goal of making 25% of transportation trips driverless by 2030. Initially, 50 vehicles will be available, with plans to expand to over 1,000 in the coming years. The service is available on the Apollo Go app and will extend to other platforms like Bolt as it scales up.

The text discusses the functionalities and features of a finance platform with social elements such as following and commenting. It highlights the platform's focus on finance and investing, offering users the ability to interact socially while keeping up with financial trends and information. The platform enables users to engage with content, share insights, and connect with others who have similar financial interests. It emphasizes the platform's role in facilitating discussions and information exchange among individuals interested in finance, while maintaining a neutral tone throughout.

The text provides a list of candidates for the board membership of Dubai Refreshment P.J.S.C. It includes both independent and non-independent, non-executive members. The non-independent, non-executive candidates are Ahmad Bin Eisa Alserkal, Ali Humaid Ali Alowais, and Buti Obaid Al Mulla. The independent, non-executive candidates are Nawwaf Ghobash Ahmed Ghobash, Farida Mohamed Rafi Salmanboor, Mohamad Ali Nasser Abdalla Alowais, Mohamed Saeed Rashid Al Shehhi, and Hind Abdulrahman Al Ali.