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Dubai Financial Market News

News Update From TECOM GROUP P.J.S.C.

Disclosure: BOD meeting

The Board of Directors of TECOM Group PJSC will meet on Thursday, May 1, 2025, at 3:00 PM to review and approve the condensed consolidated interim financial statements for the first quarter of 2025, along with other regular matters and any additional business. This meeting has been disclosed to the Dubai Financial Market and the Securities and Commodities Authority.

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group has announced the purchase of 1,600,000 treasury shares, increasing its total treasury shares from 198,021,941 (5.17% of total issued shares) to 199,621,941 (5.21% of total issued shares) as of April 28, 2025. The decision to purchase was made during a board meeting on March 24, 2025, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.2882 USD per share, representing 0.042% of the issued capital. There are 183,637,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

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Dubai Financial Market News

News Update From Orient Takaful PJSC

Disclosure: Resolutions of General Assembly

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Dubai Financial Market News

News Update From Al Mazaya Holding Company

Disclosure: Results of BOD Meeting

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Dubai Financial Market News

News Update From Al Mazaya Holding Company

Disclosure: Financial Statements for the 1st QTR of 2025

The document is an interim condensed consolidated financial report for Al Mazaya Holding Company K.S.C. (Public) and its subsidiaries, based in the State of Kuwait. It covers the period ending March 31, 2025, and includes a review report on the financial information, which is unaudited.

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Dubai Financial Market News

News Update From Alliance Insurance

Disclosure: Resolutions of General Assembly

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Dubai Financial Market News

News Update From Dubai Islamic Insurance and Reinsurance Co.

Disclosure: Opens the nominations for BOD membership

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Dubai Financial Market News

News Update From Dubai Islamic Insurance and Reinsurance Co.

Disclosure: Invitation of General Assembly

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Transferring the listing of ASNIC shares from the first category to the second category as of April 29, 2025, based on the Chairman of the Authority’s Board of Directors’ Decision No. (13/R.M.) of 2020 regarding procedures for dealing with troubled.
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Dubai Financial Market News

News Update From Drake & Scull International P.J.S.C

Disclosure: Press release

Passavant Energy & Environment Ltd., a subsidiary of Drake and Scull International PJSC, has secured a contract to design, construct, and operate the North Balqa Wastewater Treatment Plant in Jordan. The project, valued at JOD 41.5 million (approximately AED 215 million), is funded by the Agence Française de Développement and the European Union’s Neighborhood Investment Platform. It aims to improve wastewater infrastructure in the Balqa Governorate, with an initial treatment capacity of 36,000 cubic meters per day, eventually reaching 54,000 cubic meters daily. The facility will also convert waste into electrical energy, aligning with Jordan's sustainability goals. The project includes design, equipment supply, testing, commissioning, and a year of operation and maintenance. Key features include a wastewater treatment plant, pumping station, effluent treatment units, sludge treatment tanks, pipelines, and an odor control system, with treated water being transferred to the King Talal Dam for agricultural use.

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