Latest Threads on News from companies

GFH Financial Group B.S.C. announced that it has purchased 1,200,000 treasury shares, increasing its total treasury shares from 252,528,879 (6.572% of total issued shares) to 253,728,879 (6.620% of total issued shares) as of November 27, 2025. The decision to purchase was made by the board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The purchase was made at an average price of USD 0.584 per share. There are 129,530,504 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Gulf Navigation Holding PJSC has completed the acquisition of all assets of Brooge Energy Limited, marking a significant step in its strategic expansion and transformation. This acquisition enhances Gulf Navigation's position as a comprehensive provider of maritime services and energy infrastructure solutions in a key global hub for oil storage and trading. The integration of Brooge's advanced storage and blending assets allows Gulf Navigation to offer comprehensive logistics and energy solutions in the region. As part of the acquisition, Gulf Navigation increased its share capital and issued convertible bonds to Brooge's shareholders, with expectations for further capital growth. Gulf Navigation CEO Ahmed Al Kilani emphasized the acquisition's role in advancing the company's energy logistics platform, while Brooge CEO Saif Al-Hazaymeh highlighted the potential for operational integration and future projects, including a new refinery in Fujairah.

Al Salam Bank B.S.C invites its shareholders to an Extraordinary General Meeting on Thursday, 27 November 2025, at 11:00 a.m. at Al Sarra Ballroom, Royal Saray Hotel, Seef District, Bahrain. If a quorum is not met, subsequent meetings are scheduled for 4 December and 11 December 2025 at the same location and time. The agenda includes ratifying previous meeting minutes, approving amendments to the Bank's Articles of Association, and authorizing specific individuals to formalize these changes. Shareholders can attend personally or appoint a proxy, who cannot be a director or employee of the Bank unless they are a first-degree relative. Proxy forms are available on the Bank's and Bahrain Bourse's websites and must be submitted 24 hours before the meeting. Institutional shareholders must provide a stamped proxy form. Further details and documents are accessible online, and inquiries can be directed to the Investor Relations Department.

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on Wednesday, November 26, 2025, at 3:00 pm at the company's headquarters. The meeting achieved quorum, and the board discussed and approved the company's budget for the fiscal year 2026, along with other operational and internal matters. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority.

A Board of Directors meeting for Taaleem Holdings PJSC is scheduled for Friday, November 28, 2025, at 4:30 PM at the company's office. The agenda includes electing the Chairman and Vice Chairman of the Board, appointing the Board's committees, and confirming the appointment of the Board Secretary. The notice is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Alan Williamson, CEO of Taaleem Holdings PJSC. A copy of the notice is also sent to the Securities and Commodities Authority.