Latest Threads on News from companies
Threads on regulatory news from companies
Al Ramz Capital LLC, based in Dubai, UAE, has been appointed as a liquidity provider for Investcorp Capital PLC, an Abu Dhabi-listed alternative investment company. Starting from September 1, 2025, Al Ramz will independently trade ICAP shares following regulatory approvals. The role of a liquidity provider is to enhance share trading by improving the order book, reducing trading spreads, minimizing price volatility, and increasing trading volume, which helps reduce the illiquidity discount and align market value with intrinsic value. Al Ramz, a licensed market maker on the Abu Dhabi Securities Exchange, Dubai Financial Market, and Nasdaq Dubai, has over 25 years of experience in UAE capital markets. The company's CEO, Karim Schoeib, expressed satisfaction with the appointment, highlighting Al Ramz's commitment to maintaining high standards of governance and transparency. Al Ramz is recognized for its market-making services and has established itself as a leader in liquidity provision. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering a wide range of financial services.
During the period from August 25 to August 29, 2025, there were no Regulated Short Sell (RSS) trades on the Dubai Financial Market (DFM). For more details on RSS, individuals are directed to review the DFM Market Rules and the Operational Model for Regulated Short Selling available on the DFM website. The announcement is also accessible online. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the information provided.
Al Salam Bank has partnered with Al Haddad Motors, the official distributor of Mercedes-Benz in Bahrain, to offer a comprehensive auto finance package for Mercedes-Benz vehicles. The offer, available until December 31, 2025, includes a special car price, a five-year service package, one-year registration fees, a five-year warranty, and optional five-year comprehensive Takaful insurance, with monthly installments starting from BHD 274. This initiative aims to simplify car ownership by integrating all related expenses into a single financing plan. Both Al Salam Bank and Al Haddad Motors expressed their satisfaction with the partnership, highlighting its potential to facilitate the car ownership process and enhance customer experience. For more details, customers can contact Al Salam Bank's Relationship Managers or visit the bank's website.
On 28 August 2025, the Board of Directors of Amlak Finance PJSC passed a resolution by circulation regarding regular internal matters. This decision was made at 9:00 AM. The information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Lama Takieddin, the Head of Corporate Governance and Board Secretary. A copy of this correspondence was also sent to the Securities & Commodities Authority.
TECOM Group has announced a AED 1.6 billion investment to expand its portfolio in Dubai Industrial City by acquiring 138 land plots covering 33 million square feet. This acquisition increases TECOM Group's total investments to AED 4.3 billion since last year and expands its land portfolio to over 209 million square feet. The move aims to meet the strong demand for commercial and industrial assets and aligns with long-term initiatives such as Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda 'D33'. Dubai Industrial City, a key manufacturing and logistics hub, is currently operating at a 99% occupancy rate. The acquisition, approved by TECOM Group's Board of Directors, is expected to enhance the appeal of Dubai Industrial City to manufacturing and logistics companies, supporting both existing and new customer needs. Abdulla Belhoul, CEO of TECOM Group, highlighted the strategic importance of this acquisition in reinforcing the UAE and Dubai's role as a global hub for foreign direct investment and advancing the country's manufacturing sector.