Latest Threads on News from companies

Al Salam Bank has received the Mobile Excellence Award at the OutSystems ONE Executive Day UAE 2025 for its advanced mobile banking capabilities. This award highlights the bank's effective use of the OutSystems platform to enhance its mobile banking services, ensuring secure, reliable, and high-quality experiences for clients. The bank's mobile application offers features like instant account access, fund transfers, and real-time transaction tracking through a user-friendly interface. This achievement is part of Al Salam Bank's broader digital strategy, which emphasizes agile technology, data-driven decision-making, and continuous improvement. The bank is also fostering a Citizen Developer ecosystem to accelerate innovation and align digital capabilities with client needs. At the event, Mohammed AlShehabi, Head of Innovation, participated in a panel discussion on AI and low-code technologies in digital transformation.

The Dubai Financial Market has issued an announcement regarding the expiry settlement prices for Micro GME Oman Crude Oil Futures Contracts set to expire in December 2025. The contract series code is OMOIL G26, with a settlement price of 62.57 USD and a contract ID of OIL241225001. This information was released on December 24, 2025, and can be found on the Dubai Financial Market's website. The document includes a disclaimer noting that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.

On 24 December 2025, a notification was sent to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, informing them of a scheduled Board of Directors meeting for Gulf Navigation Holding PJSC. The meeting is set to take place on Monday, 29 December 2025, at 10:00 am. The agenda includes regular matters and any other business related to the company. The notification was signed by Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

Gulf Navigation Holding, listed on the Dubai Financial Market, has announced the start of the Final Engineering Design (FEED) work for a specialized refinery project aimed at producing high-quality gasoline in Fujairah. This project, which will produce Euro 5 compliant gasoline, is being developed through its wholly-owned subsidiary, Brooge Petroleum and Gas Investments (BPGIC). The official kick-off for the design phase has commenced, with collaboration from the Italian company PEG and Honeywell UOP providing licensed technologies. The project is being executed within an integrated engineering framework that adheres to approved technical standards and global best practices for designing specialized refining facilities.

GFH Financial Group B.S.C. announced the purchase of 5,545,827 treasury shares, increasing its total treasury shares from 289,288,485 (7.548% of total issued shares) to 294,834,312 (7.693% of total issued shares) as of December 24, 2025. The decision was made by the board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The average purchase price was 0.619, and the purchased shares represent 0.145% of the issued capital. There are 88,425,071 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

On 29 December 2025, the Board of Directors of Watania International Holding (PJSC) will hold a meeting at 10:00 AM to adopt a resolution by circulation to approve the company's budget for the financial year 2026. The notice is signed by Nawal Ma’ally, the Board Secretary, on 24 December 2025.

The text is a notification about a board meeting for the National Central Cooling Company (PJSC) scheduled for 2:00 PM on 29 December 2025. This meeting will focus on discussing the company's business and operations. The notification references Article 36/11 of the Disclosure and Transparency Regulations number (3) from the year 2000, as amended. It is addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The notification is signed by Sean Magee, the Company Secretary.