Latest Threads on News from companies

The weekly trading summary for DFM Regulated Short Sell Transactions from July 21 to July 25, 2025, reports that there were no RSS trades during this period. For more details on RSS, refer to the DFM Market Rules and related documents available on their website. The announcement can also be accessed on the DFM website. The document includes a disclaimer stating that the information is subject to change and DFM is not liable for any losses resulting from the use of the information provided.

Takaful Emarat Insurance P.S.C, a public shareholding company registered in Dubai, UAE, operates under Federal Law No. 48 of 2023. The company is listed in the insurance companies register under No. 86 since October 14, 2008. On July 26, 2025, the Board of Directors held a meeting by circulation and appointed Mr. Haroon Ahmad as a Board member, pending approval from the Central Bank of UAE. The meeting's decisions were authorized by Adnan Sabaalaish, the Acting Chief Executive Officer.

Union Properties PJSC has signed a conditional sale agreement worth AED 700 million for a real estate project in Motor City, UAE. This deal is a significant step in the company's strategic plan to resolve legacy debt and strengthen its financial position. Following record plot sales of AED 1.3 billion in 2024, this agreement is set to be reflected in the company's Q4 2025 financials. The project will enhance the Motor City community and is structured under a deferred payment plan, ensuring cash flow and financial stability. The proceeds from this sale will allow Union Properties to settle its outstanding debt, marking the end of its recovery strategy and enabling a shift towards sustainable growth and long-term value for shareholders.

On Friday, July 25, 2025, Aramex PJSC announced the resignation of Karl David Haglund, a non-executive, independent board member. The resignation will be effective on Wednesday, August 6, 2025, following acceptance by the Board of Directors. The reason for the resignation is personal. The announcement was authorized by Amanda Dahdah, the Governance Officer and Board Secretary.

Aramex PJSC announced the completion of a voluntary conditional cash offer by Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC, to acquire up to 100% of Aramex's issued and paid-up share capital not already owned by Abu Dhabi Ports Company PJSC. As of 22 July 2025, the offer became unconditional, and the payment to eligible Aramex shareholders has been completed. The shares have been registered in the name of the Offeror. The notification was signed by Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC, on 25 July 2025.

The letter, dated 25 July 2025, is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Lama Takieddin, Head of Corporate Governance and Board Secretary at Amlak Finance PJSC. It notifies Mr. Ali that the Board of Directors of Amlak Finance PJSC will be considering resolutions by circulation on Wednesday, 30 July 2025, at 3 PM. These resolutions pertain to regular and internal matters of the company. The Securities & Commodities Authority is also copied on this notification.