Latest Threads on News from companies

GFH Financial Group B.S.C. announced the purchase of 175,000 treasury shares, increasing its total treasury shares from 197,846,941 to 198,021,941, representing an increase from 5.16% to 5.17% of the total issued shares as of April 26, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The purchase was completed on April 26, 2025, at an average price of USD 0.2989 per share. The percentage of purchased shares from the issued capital is 0.0005%, with 18,237,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The Annual General Assembly Meeting of the Islamic Arab Insurance Company (SALAMA) has been postponed due to a lack of quorum. The rescheduled meeting will be held on Wednesday, 30 April 2025, at 03:00 PM. Participants can attend either physically at the company's headquarters in Dubai or electronically via remote access technology, which will include livestream video, audio, and electronic voting on decisions.

The Dubai Financial Market PJSC has scheduled a Board of Directors' meeting for Thursday, 1 May 2025, at 3:00 PM. The agenda includes reviewing the company's financial statement for the first quarter ending on 31 March 2025, as well as addressing regular matters and any other business.

During the week from April 21 to April 25, 2025, there were no regulated short sell (RSS) trades on the Dubai Financial Market (DFM). For more information on RSS, individuals are directed to consult the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The document carries a disclaimer stating that the information is subject to change and DFM is not responsible for any losses incurred from its use.