Latest Threads on News from companies

Dubai Insurance Company's Board of Directors held a meeting on November 10, 2025, at 11:30 am at the company's headquarters. During the meeting, they approved the third quarter financials for 2025, reviewed key provisions of the Central Bank Law and insurance activities, and examined the risk regulation related to claimant change. The communication was addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, and was signed by Sahem Abdel Haq, the Head of Legal.

Emirates Investment Bank P.J.S.C. released its interim condensed financial information for the nine-month period ending on September 30, 2025.

Aramex has announced the appointment of Amadou Diallo as the new Group Chief Executive Officer, effective May 1, 2026. Diallo, who has over 30 years of leadership experience in the logistics industry, previously served as CEO for the Middle East & Africa at DHL Global Forwarding. Until Diallo assumes his new role, Nicolas Sibuet will continue as Acting Group CEO, ensuring smooth leadership continuity. The Chairman of Aramex's Board, Captain Mohamed Juma Alshamsi, expressed confidence in Diallo's ability to lead the company into its next phase of growth and transformation under its Accelerate28 strategy.

Aramex PJSC has appointed Mr. Amadou Diallo as its new CEO. The decision by the Board of Directors was made on November 7, 2026, and Mr. Diallo will begin his duties on May 1, 2026. Mr. Diallo brings over 30 years of leadership experience in the global logistics sector, having previously served as CEO for the Middle East & Africa at DHL Global Forwarding. Throughout his career, he has held various senior leadership roles, including CEO, CFO, and COO, across Europe, Asia Pacific, the Middle East, and Africa. His leadership style emphasizes collaboration, performance, and innovation. The announcement was authorized by Amanda Dahdah, Governance Officer and Board Secretary at Aramex PJSC.

Dubai Investments Park (DIP) Angola, developed by Dubai Investments, has signed a deal with UAE-based Reportage Group for the acquisition of two land plots totaling 10,764,000 sq. ft. in Angola. This land will be used to develop two large-scale gated residential communities with an estimated investment of AED 1.8 billion (USD 500 million). The agreement was signed by Omar Al Mesmar of Dubai Investments International Angola LDA and Andrea Nucera of Reportage Group. The project aims to establish DIP Angola as a premier residential destination, attracting high-caliber developers. The development will feature a luxury ocean-facing community with a boutique hotel and villas, and a hilltop community with townhouses. Construction is set to begin in June 2026, with phased handovers starting in Q4 2029 and full completion by Q4 2030. Emirates Limited Investment and Development Company, a partner of Reportage Group, will oversee the construction. Andrea Nucera highlighted the project's significance in Reportage Group's international expansion and Angola's growth potential.