Latest Threads on News from companies

On August 4, 2025, Takaful Emarat Insurance PSC announced the resignation of Mr. Haroon Ahmad from its Board of Directors, where he served as an independent, non-executive member. His resignation was accepted and became effective on the same date, with personal reasons cited as the cause. The announcement was authorized by Adnan Saba Elaish, the Acting Chief Executive Officer, and was confirmed with a signature and company seal.

Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the six-month period ending on June 30, 2025.

The National Central Cooling Company (Tabreed) will hold an earnings call on 8th August 2025 at 3:00 PM to discuss the financial results for the period ending 30th June 2025. The communication is addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The notice is signed by Sean Magee, the Company Secretary.

The document is a notification addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding a decision by the Board of Directors of the National Central Cooling Company PJSC. In accordance with Article 36/11 of the Disclosure and Transparency Regulations, a Circular Resolution will be distributed to the Board on 7 August 2025 at 10 am. The resolution will cover the company's financial results for the first half of 2025, ending on 30 June, as well as its business and operations. The notification is signed by Nadia Bardawil, Chief Legal Counsel.

Aramex PJSC has scheduled a meeting on Thursday, 7 August 2025, at 3:00 PM UAE Time. The agenda includes discussing the approval of the company's unaudited interim condensed consolidated financial statements for the second quarter and the first half of 2025, the appointment of two new directors to replace recent resignations, and updates on the company's business and routine matters. The meeting details were authorized by Amanda Dahdah, the Governance Officer and Board Secretary.

Al Salam Bank has partnered with Euro Motors to introduce a limited-time auto financing offer for select BMW models in Bahrain. The offer includes attractive pricing, a five-year service plan, a five-year warranty, one-year registration, and one-year comprehensive insurance, with monthly payments starting from BHD 242, subject to terms and conditions. This initiative aligns with Al Salam Bank's strategy to enhance its retail product offerings through strategic partnerships and lifestyle-driven services. The collaboration aims to provide clients with a premium and flexible vehicle ownership experience. Al Salam Bank emphasizes its commitment to delivering value through innovative financial solutions, while Euro Motors highlights the shared goal of offering exceptional service and automotive experiences. For more information, interested clients can contact Al Salam Bank's relationship managers or visit the bank's website.

Amlak Finance PJSC has agreed to sell 18,702,000 shares in Amlak International Finance Company, a joint-stock company in Saudi Arabia. The initial acquisition cost of these shares was AED 163.07 million, representing 10.87% of Amlak Finance's share capital. The sale is valued at SAR 201.677 million (approximately AED 197.28 million). This transaction is part of Amlak Finance's strategy to divest from non-core businesses and reallocate capital, with no expected negative impact on its operations or shareholder rights. Shareholders approved the sale during a General Assembly on April 21, 2025. The buyers include Murbiha Company, Abdulmajed Abdulaziz Almeshaal, and others, while Amlak Finance PJSC is the seller. The transaction is not a related party transaction. The agreement was signed on June 12 and July 31, 2025, with execution dates on June 12, June 15, and July 31, 2025. The deal is considered executed.

The document is a formal communication regarding an upcoming earnings call meeting for the Dubai Financial Market (PJSC). The meeting is scheduled for August 5, 2025, at 5:00 pm, and will focus on discussing the financial results for the second quarter, which ended on June 30, 2025. The letter is addressed to members of the Dubai Financial Market and includes contact information for key executives like H.E Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The communication aims to inform stakeholders about the details of the earnings call.