Latest Threads on News from companies

Aramex PJSC has scheduled a meeting on Thursday, 7 August 2025, at 3:00 PM UAE Time. The agenda includes discussing the approval of the company's unaudited interim condensed consolidated financial statements for the second quarter and the first half of 2025, the appointment of two new directors to replace recent resignations, and updates on the company's business and routine matters. The meeting details were authorized by Amanda Dahdah, the Governance Officer and Board Secretary.

Al Salam Bank has partnered with Euro Motors to introduce a limited-time auto financing offer for select BMW models in Bahrain. The offer includes attractive pricing, a five-year service plan, a five-year warranty, one-year registration, and one-year comprehensive insurance, with monthly payments starting from BHD 242, subject to terms and conditions. This initiative aligns with Al Salam Bank's strategy to enhance its retail product offerings through strategic partnerships and lifestyle-driven services. The collaboration aims to provide clients with a premium and flexible vehicle ownership experience. Al Salam Bank emphasizes its commitment to delivering value through innovative financial solutions, while Euro Motors highlights the shared goal of offering exceptional service and automotive experiences. For more information, interested clients can contact Al Salam Bank's relationship managers or visit the bank's website.

Amlak Finance PJSC has agreed to sell 18,702,000 shares in Amlak International Finance Company, a joint-stock company in Saudi Arabia. The initial acquisition cost of these shares was AED 163.07 million, representing 10.87% of Amlak Finance's share capital. The sale is valued at SAR 201.677 million (approximately AED 197.28 million). This transaction is part of Amlak Finance's strategy to divest from non-core businesses and reallocate capital, with no expected negative impact on its operations or shareholder rights. Shareholders approved the sale during a General Assembly on April 21, 2025. The buyers include Murbiha Company, Abdulmajed Abdulaziz Almeshaal, and others, while Amlak Finance PJSC is the seller. The transaction is not a related party transaction. The agreement was signed on June 12 and July 31, 2025, with execution dates on June 12, June 15, and July 31, 2025. The deal is considered executed.

The document is a formal communication regarding an upcoming earnings call meeting for the Dubai Financial Market (PJSC). The meeting is scheduled for August 5, 2025, at 5:00 pm, and will focus on discussing the financial results for the second quarter, which ended on June 30, 2025. The letter is addressed to members of the Dubai Financial Market and includes contact information for key executives like H.E Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The communication aims to inform stakeholders about the details of the earnings call.

The National Cement Company PSC has scheduled a board meeting on Tuesday, August 12, 2025, at 12:00 PM. The agenda includes the approval of the previous meeting's minutes, discussion of the company's financial statement for the second quarter ending June 30, 2025, discussion of the company's business, and other related matters. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority. The letter is signed by Mohammed Abdulla Ahmed Al Ghurair, the General Manager of the National Cement Company.