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The text refers to an independent auditor's review report and the condensed consolidated interim financial statements for Dubai Islamic Insurance & Reinsurance Company (AMAN) for the six-month period ending June 30, 2025. The report is unaudited.
The document is an independent auditor's review report and condensed consolidated interim financial statements for Dubai Islamic Insurance & Reinsurance Company (AMAN) for the three-month period ending March 31, 2025. The statements are unaudited.
A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. is scheduled for Wednesday, 10th December 2025, at 9 a.m. The agenda includes approving the minutes of the previous meeting held on 22nd October 2025, discussing normal business activities, and addressing any other business matters. The notification is addressed by Mr. Ahmed Ali Al Jaziri, Board Secretary, with a copy sent to the Securities and Commodities Authority.
Amanat Holdings' subsidiary, Almasar Alshamil Education, has successfully begun trading on the Saudi Exchange after completing its initial public offering (IPO). The IPO involved listing 30% of its share capital and was met with strong investor demand, achieving an oversubscription rate of 103 times with an institutional order book of approximately SAR 62 billion. The shares were priced at the top of the announced range, raising around SAR 599 million. At the time of listing, Almasar Alshamil Education had a market capitalization of SAR 1,997 million, with Amanat remaining the majority shareholder. This listing follows Amanat's successful divestment of North London Collegiate School's real estate assets, which generated AED 453 million, marking a 1.7x cash-on-cash return. Amanat has raised over AED 1 billion in 2025 through various monetization efforts, contributing to a total of over AED 2.1 billion in proceeds. The IPO aligns with Amanat’s strategy of investing in leading businesses in the healthcare and education sectors to drive growth and shareholder value. Amanat reported a 15% increase in revenue and a 49% rise in EBITDA from continuing operations in the first nine months of 2025. The company's board will evaluate and recommend a capital allocation plan for the proceeds from the real estate sale and IPO.
Amanat Holdings PJSC announced a partial disposal of a 30% stake in its subsidiary, Almasar Alshamil Education Company, through an Initial Public Offering (IPO) on the Saudi Stock Exchange (Tadawul) on December 2, 2025. The book value of the disposed assets was AED 364 million, representing 14.6% of the company's capital, with the transaction yielding gross proceeds of SAR 599 million (AED 592 million). The sale aligns with the company's strategic goal to invest, grow, and monetize to create value for shareholders. The shares were allocated to public shareholders, and no related parties are involved in the transaction.
GFH Financial Group B.S.C. announced the purchase of 714,837 treasury shares, increasing its total treasury shares from 254,908,272 (6.651% of total issued shares) to 255,623,109 (6.670% of total issued shares) as of December 2, 2025. The board of directors decided on the purchase on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was USD 0.587 per share, representing 0.019% of the issued capital. There are 127,636,274 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. has announced the purchase of 119,393 treasury shares, increasing its total number of treasury shares from 254,788,879 (6.648% of total issued shares) to 254,908,272 (6.651% of total issued shares) as of December 1, 2025. The board of directors approved this purchase on March 2, 2025, and it received authority approval on October 20, 2025. The average purchase price was USD 0.589 per share, representing 0.003% of the issued capital. There are 128,351,111 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.