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The text is a formal communication from Ali Abouda, Chief Finance & Operation Officer of Gulf Navigation Holding PJSC, addressed to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority (SCA). It discusses the activation of a capital increase for Gulf Navigation Holding PJSC, which was approved during the company's General Assembly Meeting on March 13, 2025. The capital increase involves issuing mandatory convertible bonds worth AED 500,000,000 at AED 1.10 per bond, to be converted into shares within three months. These bonds are allocated exclusively to current shareholders, with major shareholders agreeing not to subscribe unless minor investors do not fully subscribe during the last two days of the subscription period. The company is completing the necessary requirements with the SCA and will announce the activation dates on the Dubai Financial Market once SCA approval is obtained.

Tabreed, a company specializing in the development and supply of district cooling services, announced that it has secured new financing facilities worth 1.8 billion AED. This financing will support its strategic initiatives for growth and capital structure improvement. The funding, compliant with Islamic Shariah law, consists of two tranches in AED and USD, reflecting Tabreed's commitment to providing comprehensive financing solutions aligned with investor preferences. The financing includes a green finance component, with one billion AED allocated within a green financing framework, emphasizing sustainability and environmental preservation. This move will enable Tabreed to accelerate its expansion and enhance long-term value while maintaining strong financial practices. The financing was completed in partnership with Emirates NBD and Mashreq Bank.

Sean Magee, Secretary of the Board of Directors, announced on 28 October 2025 that Tabreed has secured a green loan facility valued at AED 1.8 billion. The financing, provided by Emirates NBD and Mashreq, makes up approximately 63% of the company's total capital. The loan has a six-year term and is structured as a dual-tranche facility in AED and USD, complying with Sharia principles. An equivalent of AED 1 billion is designated as the green tranche. The purpose of the loan is to support Tabreed's future operational needs and leverage potential growth opportunities.

GFH Financial Group announced that it has purchased 2,530,000 treasury shares, increasing its total treasury shares from 169,511,461 (4.423% of total issued shares) to 172,041,461 (4.489% of total issued shares) as of October 27, 2025. The decision to purchase these shares was made during a board meeting on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was 0.564 SDU per share. There are 211,217,922 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.

SHUAA Capital p.s.c., a financial investment company based in Dubai, UAE, is licensed and regulated by the UAE Securities and Commodities Authority. The company's head office is located at The H Hotel Dubai, Office Tower, Level 15. The Board of Directors of SHUAA Capital has approved resolutions concerning business-related matters by circulation. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, the Chief Compliance Officer.

Amanat Holdings PJSC, through its wholly-owned subsidiary Almasar Alshamil Education Company in Saudi Arabia, announced plans for an initial public offering (IPO) of Almasar on the Tadawul Exchange. Initially disclosed on July 17, 2024, the plan to list the Amanat Education platform was contingent upon regulatory approval and market conditions. On September 29, 2025, Almasar received approval from the Saudi Capital Market Authority to list 30% of its shares on the exchange. Subsequently, on October 26, 2025, Almasar confirmed its intention to proceed with the IPO by selling 30,720,400 ordinary shares, representing 30% of its total shares, and registering all of the company’s shares on the Tadawul Exchange. Further details can be found on their website.