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GFH Financial Group B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group has announced the purchase of 4,730,000 treasury shares, increasing its total treasury shares from 329,030,623 (8.59% of total issued shares) to 333,760,623 (8.71% of total issued shares) as of March 14, 2025. The decision was made at a board meeting on February 24, 2025, with approval from the relevant authority on February 16, 2025. The average purchase price was 0.3124 USD per share, and the purchased shares represent 0.123% of the issued capital. There are 49,498,760 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
Emirates Investment Bank (Public Joint-Stock Company) has announced the opening of nominations for its Board of Directors from March 17, 2025, to March 27, 2025. Shareholders who meet the eligibility criteria can apply for one of the two available Board positions by submitting an application, including an introductory profile and their intended role (non-executive or independent member), to the Bank's Head Office in Dubai. The nomination process adheres to specific legal and governance requirements, including submitting necessary documents and fulfilling conditions outlined in relevant laws and the company's Articles of Association. The list of candidates will be published on March 28, 2025, and shared with the Securities and Commodities Authority and the Market.