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On 7th May 2025, the Board of Directors of Amlak Finance PJSC made a decision by circulation regarding routine internal matters. This resolution was passed at 3 PM. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities & Commodities Authority. The letter was signed by Lama Takieddin, Head of Corporate Governance and Company Secretary.
Dubai Insurance Co. has announced that its Board of Directors will hold a meeting on Monday, May 12, 2025, at 11:30 am at the company's head office. The purpose of the meeting is to approve the financial results for the first quarter of 2025. This information was communicated in a letter addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, and signed by Sahem Abdelhaq, the Head of Legal.
On May 6, 2025, the board of the National Cement Company held a meeting attended by all seven members, achieving full quorum. The meeting, which started at 10:30 AM and ended at 12:00 PM, resulted in the approval of the minutes from the previous meeting, ratification of a board resolution issued on February 28, 2025, and approval of the company's financial statement for the first quarter ending March 31, 2025. The board also discussed the company's business. This disclosure was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority.
Dubai Financial Market (DFM) has introduced new AI-powered features on its iVestor app, called Smart Disclosures and Financial Summary, to help investors better access and understand company information. These features aim to simplify financial data presentation and support informed decision-making. Smart Disclosures provide concise summaries of lengthy company announcements, while Financial Summary offers an easy-to-read snapshot of key financial metrics. The updates are part of DFM's efforts to enhance the iVestor app, making it easier for investors to trade DFM shares and engage with the market. This reflects the growing demand for digital-first investment tools, especially among younger and first-time investors. The enhancements align with global trends towards simpler investor experiences and are part of DFM's broader strategy to improve information access and lower barriers to market participation. The iVestor app now serves as a comprehensive investment platform, offering various functionalities to its 240,000 users from over 100 nationalities.