Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
GFH Financial Group B.S.C. announced the purchase of 7,243,000 treasury shares, increasing its total treasury shares from 301,738,405 (7.873% of total issued shares) to 308,981,405 (8.062% of total issued shares) as of December 28, 2025. The decision to purchase was made in a board meeting on March 2, 2025, and was approved by the relevant authority on October 20, 2025. The average purchase price was 0.622, and the shares purchased represent 0.189% of the issued capital. There are 74,277,978 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that it has purchased 954,093 treasury shares, increasing its total treasury shares from 300,784,312 (7.848% of total issued shares) to 301,738,405 (7.873% of total issued shares) as of December 26, 2025. The decision to purchase these shares was made by the company's board of directors on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was 0.621, and the shares purchased represent 0.025% of the issued capital. There are 81,520,978 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
The Dubai Financial Market (DFM) Regulated Short Sell (RSS) weekly summary for the period of December 22, 2025, to December 26, 2025, reports that no RSS trades occurred during this time. For more details on RSS, individuals are advised to consult the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement can also be accessed on the DFM website. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this information.
The Islamic Arab Insurance Company (SALAMA) has increased the permitted ownership limit for non-UAE nationals in its share capital to 49%, as stated in the company's articles of association. However, UAE nationals and Gulf Cooperation Council (GCC) nationals must maintain at least a 51% shareholding in the company. The previous ownership limit for non-UAE nationals and GCC nationals was 25%, and this will remain in effect until December 30, 2025. The new ownership limits will take effect on December 31, 2025.