Latest Threads on News from companies

Dubai Investments has partnered with Angola's Sovereign Wealth Fund (FSDEA) to develop large-scale real estate projects in Luanda Province, Angola. The agreement aims to promote modern urbanization and sustainable development, initially focusing on Cazanga Island. Key figures at the signing included Khalid Bin Kalban of Dubai Investments and Armando Manuel of FSDEA. Dubai Investments sees this as an opportunity to expand its international presence and apply its real estate expertise to Angola. The FSDEA will participate through a special purpose vehicle holding land rights, facilitating the transformation of land into sustainable communities. The collaboration is expected to create urban, residential, and tourism projects, enhancing Angola's urban and tourism potential.

Al Ramz Capital LLC, based in Dubai, UAE, has been appointed as a liquidity provider for Investcorp Capital PLC, an Abu Dhabi-listed alternative investment company. Starting from September 1, 2025, Al Ramz will independently trade ICAP shares following regulatory approvals. The role of a liquidity provider is to enhance share trading by improving the order book, reducing trading spreads, minimizing price volatility, and increasing trading volume, which helps reduce the illiquidity discount and align market value with intrinsic value. Al Ramz, a licensed market maker on the Abu Dhabi Securities Exchange, Dubai Financial Market, and Nasdaq Dubai, has over 25 years of experience in UAE capital markets. The company's CEO, Karim Schoeib, expressed satisfaction with the appointment, highlighting Al Ramz's commitment to maintaining high standards of governance and transparency. Al Ramz is recognized for its market-making services and has established itself as a leader in liquidity provision. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering a wide range of financial services.

During the period from August 25 to August 29, 2025, there were no Regulated Short Sell (RSS) trades on the Dubai Financial Market (DFM). For more details on RSS, individuals are directed to review the DFM Market Rules and the Operational Model for Regulated Short Selling available on the DFM website. The announcement is also accessible online. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the information provided.

Al Salam Bank has partnered with Al Haddad Motors, the official distributor of Mercedes-Benz in Bahrain, to offer a comprehensive auto finance package for Mercedes-Benz vehicles. The offer, available until December 31, 2025, includes a special car price, a five-year service package, one-year registration fees, a five-year warranty, and optional five-year comprehensive Takaful insurance, with monthly installments starting from BHD 274. This initiative aims to simplify car ownership by integrating all related expenses into a single financing plan. Both Al Salam Bank and Al Haddad Motors expressed their satisfaction with the partnership, highlighting its potential to facilitate the car ownership process and enhance customer experience. For more details, customers can contact Al Salam Bank's Relationship Managers or visit the bank's website.