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On July 16, 2026, Mamdouh A. El Sherbiny, CEO and Board Member, addressed a letter to Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding unusual trading activity involving the National International Holding Company. El Sherbiny confirmed that there have been no recent developments within the company that could have influenced its stock price or trading volumes to cause such unusual activity. The letter adheres to the disclosure and transparency requirements as per the regulations governing securities and financial markets.
The Dubai Financial Market has announced the expiry settlement prices for its Equity Futures Contracts set to expire in July 2026. The settlement prices for various contracts are listed, including AIRARB at 5.200 AED, ANSRI at 0.950 AED, ARMX at 1.680 AED, DEWA at 2.710 AED, DEYAAR at 0.775 AED, DFMGI at 5,895.93 AED, DFM at 1.430 AED, DIB at 7.400 AED, DIC at 3.700 AED, DUN at 12.240 AED, EMAAR at 11.560 AED, EMPWR at 1.610 AED, EMRDEV at 13.520 AED, ENBD at 30.100 AED, GFH at 2.030 AED, SALIK at 5.580 AED, and SHUAA at 0.203 AED. This information is available on the Dubai Financial Market's website. The document notes that the information is subject to change and refers to the Dubai Financial Market Regulated Derivative Contract Trading Regulation for any inconsistencies.
On July 16, 2026, the Board of Directors of Al Sagr National Insurance Co. (PSC) passed resolutions by circulation. The board resolved to dismiss Mr. Abdel Muhsen Jaber from his role as Chief Executive Officer, with his duties to be terminated on a date determined by the company, subject to regulatory approvals and legal procedures. They also approved the appointment of an Acting General Manager to manage the company until a new CEO is appointed, contingent upon obtaining necessary approvals from the Central Bank of the UAE. Additionally, the board approved the appointment of a Board Secretary, subject to fulfilling regulatory requirements of the Central Bank of the UAE.
The Commercial Bank of Dubai (P.S.C.) will hold an Earnings Call Meeting on Wednesday, July 22, 2026, at 4:00 p.m. to discuss the financial results for the second quarter of 2026. More details can be found on the bank's Investor Relations website. This information was communicated by Mr. Ahmed Ali Al Jaziri, the Board Secretary, to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market. A copy of the communication was also sent to the Capital Market Authority.
Salik Company PJSC and Dubai Integrated Economic Zones Authority (DIEZ) have signed a Memorandum of Understanding to enhance mobility solutions across DIEZ’s free zones, including Dubai Airport Freezone, Dubai Silicon Oasis, and Dubai CommerCity. This collaboration aims to improve customer experience, reduce congestion, and address misuse of designated areas by implementing access control systems and parking optimization tools across over 21,000 parking spaces. The partnership supports Dubai's digital transformation by promoting smarter services and operational efficiency, marking a new business direction for Salik and enhancing DIEZ's infrastructure and operational capabilities.
BHM Capital, a prominent financial institution in the UAE, was recognized at the ADX Members Awards 2025 during the launch of the ADX Single Stock Futures at Bloomberg. The event celebrated the development of the Abu Dhabi Securities Exchange's derivatives market and acknowledged brokerage firms for their contributions. BHM Capital received the Securities Lending and Borrowing Liquidity Leader Award for enhancing market liquidity and was also recognized as the top performer in opening new trading accounts through electronic channels, capturing 46% of the market share with 29,775 new accounts in 2025. CEO Abdel Hadi Al Sa'di expressed gratitude for the recognition, highlighting the company's commitment to innovation and market growth.