Latest Threads on News from companies

A new contract series for Oman Crude Oil Futures, specifically the August 2026 contract, will be available for trading starting June 24, 2025. The contract, identified by the symbol OMOIL Q26, will be listed until June 23, 2026. This announcement is made by the Dubai Financial Market and can be accessed on their website. The information provided is subject to change and should be cross-referenced with the Dubai Financial Market's official regulations for accuracy.

On June 17, 2025, Agility Public Warehousing Company announced that it received a letter from the Public Institution for Social Security appointing Mr. Saqr Al-Rashoud as its representative on the company's Board of Directors. The company stated that this appointment has no impact on its financial position.

GFH Financial Group B.S.C. announced that following unusual trading activity of its shares on Boursa Kuwait on June 17, 2025, there is no new material information requiring disclosure, except for the sale of 30 million treasury shares through Boursa Kuwait. This announcement aligns with Boursa Kuwait's instructions and the Capital Markets Authority's disclosure regulations.

GFH Financial Group has announced the sale of 30,000,000 treasury shares, which represent 0.783% of its total issued shares. As a result of this transaction, the total number of treasury shares held by the Group will be 182,402,418, accounting for 4.76% of the total issued shares. The announcement was made by Mariam Jowhary, the Head of Compliance and Anti-Money Laundering.

The Board of Directors of Gulf Navigation Holding PJSC is inviting shareholders to a general assembly meeting on July 10, 2025, at the Novotel Hotel in Dubai and online. The meeting will address the acquisition of Brooge Petroleum & Gas Investments FZE, Brooge Petroleum & Gas Investments Phase III FZE, and BPGIC Phase 3 Limited. A special resolution will be considered to approve the transfer and registration of shares and mandatory convertible bonds to Brooge Energy Limited or its ultimate beneficial owners, ensuring no owner exceeds 30% of the company's share capital, with a one-year lock-up period for the bonds' conversion into shares, in compliance with regulatory and economic standards.

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has launched its twelfth annual summer campaign, "Set and Save at 24°C." The initiative encourages over 144,000 customers to set their air conditioners to 24°C to reduce electricity consumption, support energy efficiency, and contribute to sustainability efforts. The campaign aims to lower pressure on the power grid, cut carbon emissions, and promote environmental protection. Empower highlights that its district cooling systems use up to 50% less energy than conventional systems, enhancing efficiency and reducing emissions. CEO Ahmad bin Shafar emphasized the importance of responsible energy use and the role of individual actions in building a sustainable future.

Al Ramz Capital LLC, based in Dubai, has been appointed as a liquidity provider for Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), a leading retailer and distributor of fuels in the UAE. Starting from June 17, 2025, Al Ramz will begin independent trading of ADNOC Distribution shares following regulatory approval. With over 25 years of experience, Al Ramz is a licensed market maker on several regional exchanges and is recognized for its expertise in enhancing market liquidity. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market and offers services such as asset management, corporate finance, brokerage, and financial research.