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Threads on regulatory news from companies
Al Ansari Financial Services announced that its shareholders have approved a cash dividend of AED 297 million for the financial year ending December 31, 2025, which is 74% of the Group’s net profit. The dividend includes a final payout of AED 148.5 million for the second half of the year. This year marks the 60th anniversary of its subsidiary, Al Ansari Exchange. The Group's Chairman, Mohammad A. Al Ansari, emphasized the company's commitment to sustainable shareholder returns and highlighted recent strategic moves, including the acquisition of BFC Group Holding, to strengthen their market presence. The Group continues to focus on expanding its regional footprint and enhancing its digital capabilities to support growth in its remittance, foreign exchange, and digital financial services.
Ithmaar Holding B.S.C. has announced that its Board of Directors will meet on Tuesday, March 31, 2026, at 1:00 PM to discuss and approve the offering circular related to a Rights Issue.
Sukoon Insurance PJSC has issued a notification to Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, regarding an upcoming resolution by circulation from the company's Board of Directors. This resolution is scheduled for March 30, 2026, at 10:00 AM, and will address the approval of the Annual Underwriting Performance Report as of December 31, 2025, along with the company's year-end action plan based on the actuary's recommendations. The notification is also copied to H.E. Waleed Saeed Al Awadhi, the CEO of the Capital Market Authority in Abu Dhabi, UAE.
Al Ansari Financial Services announced that its shareholders have approved a total cash dividend of AED 297 million for the financial year ending December 31, 2025, representing 74% of the Group’s net profit after tax. This includes a final dividend of AED 148.5 million for the second half of the year. The Group's flagship subsidiary, Al Ansari Exchange, is celebrating its 60th anniversary. Chairman Mohammad A. Al Ansari emphasized the Group's commitment to delivering sustainable returns and highlighted recent strategic moves, including the acquisition of BFC Group Holding, to enhance its regional presence. The Group is focusing on growth opportunities, digital capabilities, and customer experience to support its remittance, foreign exchange, and digital financial services businesses. Al Ansari Financial Services aims to maintain its market leadership and deliver long-term value to shareholders.