Latest Threads

Al Salam Bank B.S.C. has announced that its Board of Directors will hold a meeting on Monday, February 9, 2026, at 10:00 am to discuss and approve the financial results for the period ending December 31, 2025. The announcement is addressed to the Bahrain Bourse and the Dubai Financial Market. The Chief Compliance Officer, Ali Yusuf Al Khaja, has signed the announcement.

The document is a notification from Lama Takieddin, Head of Corporate Governance and Board Secretary, addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It informs him that the Board of Directors of Amlak Finance PJSC will consider resolutions by circulation on Monday, 29 December 2025, at 9 am regarding internal matters. A copy of the notification is also sent to the Securities & Commodities Authority.

GFH Financial Group B.S.C. announced that it has purchased 3,991,668 treasury shares, increasing its total treasury shares from 285,296,817 (7.444% of the total issued shares) to 289,288,485 (7.548% of the total issued shares) as of December 23, 2025. The decision to purchase these shares was made in a board meeting on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price of the shares was 0.619, and the shares purchased represent 0.104% of the issued capital. There are 93,970,898 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Dubai Insurance Company held a Board of Directors meeting on December 23, 2025, at 11:00 am at the company's head office. The agenda included ratifying the minutes of the previous meeting and reviewing ordinary business matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Sahem Abdel Haq, Head of Legal.

Dubai is advancing its urban planning with a focus on sustainability and smart infrastructure, particularly through the use of district cooling systems. These systems are crucial for the city's vertical expansion, as they efficiently support the development of ultra-high-rise towers while aligning with Dubai's low-carbon economy goals. H.E. Ahmad Bin Shafar, CEO of Empower, highlights the importance of district cooling in Dubai's urban and economic growth, noting that nine of the ten tallest skyscrapers under construction in Dubai will use these systems. This reflects a trend among developers to prioritize sustainable infrastructure solutions, especially given the UAE's climate. Bin Shafar emphasizes that district cooling is essential for achieving energy efficiency and resource sustainability in Dubai's urban development.