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Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National Industries Group Holding (S.A.K.)

Disclosure: Result of Earnings Call

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Notification from the company

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Clarification from the company

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

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.

1. Attached Document

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Dubai Financial Market News

News Update From National Central Cooling Co.

Disclosure: Integrated report for the year 2024

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Emirates Investment Bank PJSC

Disclosure: Opens the nominations for BOD membership

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.

1. Attached Document

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Dubai Financial Market News

News Update From Emaar Properties PJSC

Disclosure: Integrated report for the year 2024

1. Attached Document

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Dubai Financial Market News

News Update From Alliance Insurance

Disclosure: Results of Board Decisions by Passing

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Press release

Dubai Islamic Bank (DIB) held its Annual General Assembly, where shareholders approved a 45% cash dividend for 2024 following record-breaking financial performance. The bank reported a pre-tax profit exceeding AED 9.0 billion and a total income of AED 23.3 billion, marking a 16% growth from the previous year. DIB's assets expanded by 9.7% to AED 345 billion, with net financing and Sukuk investments increasing by 10.1% to AED 295 billion. Shareholders also approved governance matters, including the appointment of the Internal Sharia Supervision Committee and external auditors for 2025. Chairman Mohammed Ibrahim Al Shaibani highlighted the UAE's economic resilience and DIB's role in contributing to the nation's prosperity. CEO Dr. Adnan Chilwan emphasized the bank's strategic achievements and leadership in Islamic finance.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Insurance Co. PSC

Disclosure: Integrated report for the year 2024

Dubai Insurance Company has released its 2024 Integrated Report, which includes the Board of Director’s Report, Auditor’s Report, Financial Statement, Corporate Governance Report, and Sustainability Report.

1. Attached Document

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