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Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219, has announced that its Board of Directors will pass resolutions on Monday, June 9, 2025. The agenda includes the election of a Vice Chairman of the Board and other matters related to the company's operations. This information was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market.

ONE App, powered by Al Salam Bank, has launched a new digital personal finance service in Bahrain, allowing employees to apply for financing of up to BD 40,000 with a repayment period of up to seven years and an APR starting at 4.99%. The service requires salary assignment and offers a fully digital application process with instant approval, eliminating the need to visit a branch. This initiative aims to enhance user experience by providing flexible and efficient financing options. ONE App is committed to delivering innovative banking solutions that cater to the digital generation, focusing on digital financial inclusion and user-friendly services.

Al Ansari Financial Services PJSC, the largest non-banking financial services provider in the GCC, has opened a new business solutions center in Hyderabad, India. This center, named Al Ansari Financial Services Solutions Private Limited, is intended to enhance efficiency, productivity, and cost-effectiveness for the Group. By capitalizing on India's talent and technological expertise, the center will support the Group's digital transformation efforts. Deputy Group CEO Mohammad Bitar highlighted the Group's commitment to innovation and operational excellence, emphasizing the new office's role in streamlining operations and creating career opportunities. The India office will focus on optimizing processes and developing solutions for the financial industry, aiming to foster collaboration and innovation. Initially, an IT Excellence Centre has been set up, with plans to expand into business process outsourcing services to further optimize operations and support strategic growth.

Al Salam Bank in Bahrain has introduced dedicated ATMs for Eid Al Adha, allowing customers to withdraw new banknotes in smaller denominations at three major shopping malls: Marassi Galleria, City Centre Bahrain, and The Avenues Mall. This initiative, available from June 3 to June 5, 2025, is in response to client demand and aims to enhance banking accessibility and convenience during the festive season. The ATMs help reduce in-branch traffic and are part of the bank's strategy to expand digital and self-service capabilities. Mr. Mohammed Buhijji, Head of Retail Banking, stated that this initiative supports the bank's mission to provide efficient and accessible services during important occasions. For more details, customers can visit the bank's website, contact via WhatsApp, or use the Skiplino app for appointments.