Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
On December 11, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, regarding the disclosure of the results from the Board of Directors meeting of Emirates NBD Bank (P.J.S.C). The meeting took place on December 10, 2025, where the board discussed normal business activities. The letter was signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, and a copy was sent to the Securities & Commodities Authority.
On December 10, 2025, a Board of Directors meeting for Sukoon Insurance PJSC was held at the Swiss Hotel in Dubai and via the Teams platform. During the meeting, the board approved the dates for board meetings in 2026, the budget for the fiscal year 2026, and decided to open the nomination process for electing a new Board of Directors following the Annual General Meeting in 2026. This information was communicated by Rana Attieh, the Board Secretary, with a copy sent to Waleed Saeed Al Awadhi, the CEO of the Securities and Commodities Authority in Abu Dhabi.
GFH Financial Group B.S.C. announced that it purchased 1,160,622 treasury shares, increasing its total treasury shares from 257,010,051 (6.706% of total issued shares) to 258,170,673 (6.736% of total issued shares) as of December 10, 2025. The decision to purchase was made during a board meeting on March 20, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was USD 0.591 per share. There are 125,088,710 shares remaining for potential purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
Al Salam Bank has entered a strategic partnership with the Ministry of Housing and Urban Planning and Eskan Bank to join the Tumooh Program, which was launched at Cityscape Bahrain 2025. The program aims to assist citizens in purchasing their first homes and securing additional financing as their housing needs change. Al Salam Bank is offering exclusive benefits for clients who use the Tas’heel programs to buy apartments under Tumooh, through the Al Salam Life Planning Account. This account allows clients to save with competitive profit rates and includes free Takaful insurance, helping them achieve homeownership with financial stability. The initiative is part of a national effort to enhance residential stability for Bahraini families. Key figures, including the Minister of Housing and Urban Planning, Eskan Bank's General Manager, and Al Salam Bank's Deputy Group CEO, expressed their support and highlighted the program's role in improving Bahrain's housing finance system and fostering public-private collaboration.