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Bank Al Salam in Bahrain achieved an unprecedented milestone by winning five awards from Visa within a single year. This accomplishment highlights the bank's commitment to innovative, customer-focused banking solutions and its leadership in adopting advanced technologies for a comprehensive banking experience. The awards recognize the bank's excellence in various performance categories, including growth in payment volume, digital spending, active cards, and both domestic and international spending. The awards include: 1. Highest growth rate in payment volume for 2024 in Bahrain. 2. Highest growth rate in active cards for 2024 in Bahrain. 3. Highest growth rate in spending for 2024 in Bahrain. 4. Highest growth rate in cross-border spending for 2024 in Bahrain. 5. Highest growth rate in digital spending for 2024 in Bahrain. Anwar Murad, Deputy CEO of Banking Services at Bank Al Salam, expressed pride in this achievement, emphasizing the bank's dedication to innovation and enhancing digital payment experiences. He noted that winning five awards in one year reflects the bank's market trust and the quality of its banking products and services. The success is attributed to the bank's strategy focusing on digital transformation, operational efficiency, and offering data-driven smart banking experiences. Ali Bailoun, Visa's Regional General Manager for Saudi Arabia, Bahrain, and Oman, praised Bank Al Salam's exceptional performance and its commitment to excellence in digital payments. He emphasized the bank's unique ability to stimulate usage, expand card bases, and enhance reliance on digital payments. The success results from a clear strategy and dedicated executive team, reinforcing the fruitful partnership between Visa and Bank Al Salam. For more information about Bank Al Salam's products and services, visit their website or contact them via WhatsApp.

Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE, announced the winner of its 2025 Al Ansari Millionaire Promotion. Albert Rioflorido, a Filipino resident in the UAE for 12 years, won the AED 1 million grand prize during a draw at the Metropolitan Hotel in Dubai. The promotion ran from March 1 to May 29, 2025, with millions participating through transactions at Al Ansari Exchange branches and digital platforms. Two additional winners, Muhammad Rizwan Malik and Mohamad Khalil Haitham, each won a Jetour Dashing SUV, and weekly draws awarded 12 customers holiday packages worth AED 5,000 each. The campaign saw increased engagement via the Al Ansari Exchange app, offering triple entries per transaction and exclusive deals. Chief Operating Officer Ali Al Najjar highlighted the campaign's role in celebrating customer trust and rewarding loyalty, with partnerships from JS Bank, Jetour, and Travelwings. Now in its 12th year, the Al Ansari Millionaire Promotion is a key annual event for the company.

On 8 April 2025, Emirates Islamic Bank (EIB) received a notification from Emirates NBD Bank (ENBD) about a mandatory acquisition of all EIB shares not accepted by EIB shareholders, as per the Offer Document dated 27 February 2025, to achieve 100% ownership. The objection period for this acquisition ended on 7 June 2025, with no objections received. On 10 June 2025, the Dubai Financial Market suspended EIB share trading in preparation for the settlement of this acquisition. As of 16 June 2025, the mandatory acquisition procedures were settled in accordance with Article 11 of the SCA Board of Directors' Decision No. 18/R.M.

The weekly summary for DFM Regulated Short Sell Transactions from June 9 to June 13, 2025, reports that PARKIN Company P.J.S.C recorded a short sell trade volume of 1,500 and a trade value of 9,240 AED. For more details on Regulated Short Selling, refer to DFM's Market Rules and Operational Model on their website. The information is subject to change, and DFM is not liable for any losses resulting from the use of this data.