Latest Threads on News from companies
Threads on regulatory news from companies
Al Salam Bank has partnered with Live Life and Hawar Resort by Mantis to offer an exclusive summer discount for its VISA credit, prepaid, and youth debit cardholders. The offer includes a 10% discount on room rates, spa treatments, and selected food and beverage outlets at the resort. This discount is available when cardholders use their eligible Al Salam Bank card at the resort. The initiative is part of the bank's strategy to enhance lifestyle benefits for its clients through unique experiences in collaboration with various brands. The offer aims to provide a premium staycation experience in Bahrain. Key figures from Al Salam Bank, Live Life, and Hawar Resort expressed their enthusiasm for the collaboration, highlighting its value in enriching cardholders' experiences. Additionally, Al Salam Bank cardholders have access to discounts at over 100 merchants in Bahrain. More details can be found on the bank's website or Instagram account.
Office No. 46-2102, owned by Imran Ali Lashari and Ali Asghar Lashari, is located in Business Bay, Dubai, UAE. The contact details include a landline and fax number, along with an email address. A letter dated August 7, 2025, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, announcing a Board of Directors meeting for Al Firdous (P.J.S.C.). The meeting is scheduled for Wednesday, August 13, 2025, at 3:00 PM to approve the preliminary financial statements for the first quarter ending June 30, 2025. The letter is signed by Sheikh Khaled Zayed S. Al Nahyan, Chairman of the Board, and a copy is sent to the Security and Commodities Authority.
The letter, dated August 7, 2025, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It clarifies a discrepancy in reported figures regarding the sale of plots in Ras Al Khor. News articles cited by Knight Frank mentioned a sale value exceeding AED 3 billion, but Amlak disclosed the agreed and executed sale price as AED 2.9 billion. The higher figure in the articles includes estimated registration fees, which were paid by the buyer directly to the Dubai Land Department. The letter is signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, and is copied to the Securities & Commodities Authority.
The document provides details on margin parameters for DFM Futures, effective from August 11, 2025. It lists various underlying symbols with their respective base margin percentages, currencies, and base margin per contract, along with spread margin per contract. The underlying symbols include AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The margin percentages range from 5% to 12%, with the currency being AED for most entries, except for OMOIL, which is in USD. Further details on margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. The announcement is also available on the Dubai Financial Market website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of inconsistencies.
Watania International Holding (PJSC) has scheduled a Board of Directors meeting for Tuesday, 12 August 2025, at 12:30 PM. The agenda includes reviewing and endorsing the financial statements for the second quarter ending on 30 June 2025, as well as routine business discussions. The notification is signed by Nawal Ma’ally, the Board Secretary, on 7 August 2025.