Latest Threads

Gulf Navigation Holding PJSC, listed on the Dubai Financial Market, will be included in the S&P UAE BMI Liquid 20/35 Capped Index as of March 18, 2026. This inclusion signifies a strategic transformation and increased presence in the UAE financial market. It reflects improved trading liquidity and positions Gulf Navigation among the most actively traded companies, making it more attractive to investors. This development follows the acquisition of Brooge Energy Limited's assets, which enhanced Gulf Navigation's capabilities in maritime logistics and energy infrastructure. The inclusion is expected to boost liquidity, attract a wider range of investors, and support the company's growth and market presence.

Watania International Holding (PJSC) reported a net profit of AED 34.3 million for the year ending December 31, 2025, a significant increase from AED 9.8 million the previous year. This improvement was attributed to better underwriting performance and stable investment income. No new securities were issued during the period. The company extended Al Ramz Capital’s liquidity provider contract to enhance share trading by improving the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Through its Takaful subsidiaries, Watania engaged in community support initiatives such as road safety, blood donation, and health awareness campaigns, and launched an Emiratization campaign to attract young graduates to the company and the Takaful sector. Gross Written Contribution increased by 12.1% to AED 1.038 billion, and Takaful income rose by 5.6% to AED 918.4 million. Net investment income grew by 3.8% to AED 37.7 million.