Latest Threads on News from companies

On September 19, 2025, Ms. Huda Essa Abdulla Buhumaid, an independent, non-executive board member of Takaful Emarat Insurance PSC, resigned from the company's Board of Directors due to personal reasons. The resignation was officially accepted on the same day. The document was signed and sealed by Adnan Saba Elaish, the Chief Executive Officer, on September 25, 2025.

Deyaar Development PJSC has announced the final phase of the Park Five community in Dubai Production City, featuring the new Ivy and Alder projects. This phase includes 277 residential units with modern designs, aligning with the Dubai Urban Plan 2040 to enhance community living and sustainability. The Ivy project offers luxurious duplex units, studios, and one- and two-bedroom apartments, while Alder provides one-, two-, and three-bedroom apartments. Both projects offer amenities such as co-working spaces, dining options, a gym, swimming pools, play areas, barbecue spots, and rooftops for social interaction and relaxation. Saeed Mohammed Al Qatami, CEO of Deyaar, emphasized the project's role in meeting the demand for diverse housing options and promoting a high quality of life.

Al Salam Bank has announced its Platinum Sponsorship of the annual reception hosted by the Bahrain Association of Banks (BAB) in Washington, D.C., scheduled for October 16, 2025. This event coincides with the annual meetings of the International Monetary Fund and the World Bank and is expected to attract significant participation from Bahraini banks and senior delegations from both public and private financial institutions. Rafik Nayed, Group CEO of Al Salam Bank, highlighted the bank's focus on promoting Bahrain's role in global financial dialogues and its contributions to the stability and growth of the financial sector. He praised the event as a tradition that strengthens Bahrain's economic ties with international partners. The Bahrain Association of Banks commended Al Salam Bank for its support, noting that it enhances the event's outcomes and provides growth opportunities for Bahrain’s banking sector. The reception is seen as a chance to showcase Bahrain's financial system's strength and resilience, reinforcing its position as a preferred destination for international investment and partnerships.