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Gulf Navigation Holding PJSC has successfully closed a AED 613 million (USD 167 million) three-year senior secured Sukuk, arranged and underwritten by HSBC, to refinance the outstanding bonds of Brooge Petroleum & Gas Investment Company FZE. This financing will also support further investment in expanding storage facilities in Fujairah. The transaction marks a significant step following Gulf Navigation's acquisition of BPGIC, enhancing the financial and operational capabilities of the combined entity. The Sukuk issuance aligns with the company's strategy to create a more integrated and sustainable energy logistics platform. HSBC's Private Credit and Debt Capital Markets teams facilitated the transaction, with legal advice from A&O Shearman for HSBC and Hogan Lovells for the issuer. The refinancing is part of Gulf Navigation's broader capital optimization program aimed at improving liquidity, financial flexibility, and long-term shareholder value.

On November 28, 2025, Gulf Navigation Holding PJSC addressed a request from the Dubai Financial Market for clarification regarding the movement in the company's share price from November 24 to November 26, 2025. After an internal review, the company stated it is unaware of any undisclosed information, updates, or developments that could have affected the share price during that period. It affirmed that all material information had been disclosed according to legal and market requirements, and no pending events or decisions remain unannounced. The company reiterated its commitment to transparency and regulatory compliance, promising to disclose any future material developments promptly. The statement was signed by Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

On November 28, 2025, a board meeting for Taaleem Holdings PJSC was held from 4:30 PM to 5:00 PM with full attendance of all nine board members. During the meeting, Mr. Khalid Ahmed Humaid Matar Al Tayer was elected as Chairman of the Board of Directors, and Mr. Adel Mohammed Saleh Al Zarouni was elected as Vice Chairman. The board approved the constitution and appointment of its committees, and Mrs. Marine Aoudi was re-appointed as Secretary to the Board. Routine business matters were also discussed. The meeting's resolutions were authorized by Alan Williamson, the Chief Executive Officer.

The weekly trading summary for DFM Regulated Short Sell Transactions from November 24 to November 28, 2025, reports no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The information provided is subject to change, and DFM is not responsible for any losses incurred from the use of this information.

A meeting for the Board of Directors of Dubai Refreshment P.J.S.C is scheduled for Tuesday, 9 December 2025, at 10:00 AM. It will be held at the company's headquarters in Dubai Investment Park 2, Dubai, and via online video technology. The meeting will focus on discussing internal company matters and making appropriate decisions. The notice is addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and is signed by Karem Mahmoud, Director of Legal at Dubai Refreshment P.J.S.C.

On 27 November 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting and made several resolutions. They approved the appointment of Mr. Jimmy Nazmi Rached as a new board member, pending approval at the upcoming general assembly meeting. Mr. Suhail Suhail Almazrouei was elected as Vice Chairman. The election of the Chairman was postponed to a future meeting. The board also approved the renewal of the liquidity provider agreement. Additionally, they agreed to call for a general assembly meeting in December 2025, subject to approval from the Securities and Commodities Authority, to consider a stock split by reducing the nominal value of shares without affecting the company's total capital.