Latest Threads on News from companies

GFH Financial Group B.S.C. announced that it has purchased 2,950,000 of its own shares, increasing its treasury shares from 343,317,303 (8.96% of total issued shares) to 346,267,303 (9.03% of total issued shares) as of March 20, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was USD 0.31 per share, and the shares purchased represent 0.07% of the issued capital. There are 36,992,080 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has scheduled a Board of Directors meeting for March 25, 2025, at 2:00 PM. The agenda includes reviewing and approving the audited consolidated financial statements for the fiscal year ending December 31, 2024, considering the convening of the annual general assembly for 2024 pending regulatory approval, and addressing other company-related matters. The communication is addressed to Mr. Hamid Ahmed Ali, CEO of Dubai Financial Market.

The Dubai Financial Market has issued the expiry settlement prices for equity futures contracts expiring in March 2025. The settlement prices in AED for various contract series are as follows: AIRARB at 3.460, ANSRI at 0.990, ARMX at 2.850, DEWA at 2.470, DEYAAR at 0.930, DFMGI at 5,131.36, DFM at 1.320, DIB at 7.540, DIC at 2.320, DU at 8.120, EMAAR at 13.300, EMPWR at 1.600, EMRDEV at 12.400, ENBD at 19.550, GFH at 1.150, SALIK at 4.940, and SHUAA at 0.233. This announcement can be accessed on the Dubai Financial Market website. The information is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.