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The Dubai Financial Market (DFM) and the Taiwan Stock Exchange (TWSE) have signed a Memorandum of Understanding (MoU) to enhance cooperation between their capital markets. This agreement focuses on cross-border listings, joint market promotion, and knowledge exchange. It aims to strengthen investment activity, promote capital market development, and increase the visibility of both exchanges among regional and international investors. The MoU was signed by Hamed Ali, CEO of DFM and Nasdaq Dubai, and Sherman H.M. Lin, Chairman of TWSE, during the MENA Capital Market Summit. The partnership will explore listing financial products on each other's markets, conduct joint investor outreach, and facilitate regular dialogue and visits. This collaboration is part of DFM's strategy to connect with Asian markets and expand investor access. It follows TWSE's efforts to grow its presence in the Middle East and aims to attract more attention from Middle East investors to Taiwan's capital market.
GFH Financial Group B.S.C. announced the purchase of 1,136,209 treasury shares, increasing its total treasury shares from 205,012,188 (5.35% of total issued shares) to 206,148,397 (5.38% of total issued shares) as of May 6, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was 0.91 USD per share. There are 177,110,986 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.