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Dubai Financial Market News

News Update From National General Insurance Company P.J.S.C

Disclosure: Financial statements for the year of 2024

1. Attached Document

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Dubai Financial Market News

News Update From National General Insurance Company P.J.S.C

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

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

Disclosure: Termination of Liquidity Providers Activities

GFH Financial Group B.S.C. announced the termination of its liquidity provision agreements with SICO and BHM for its shares on the Bahrain Bourse, Dubai Financial Markets, and Abu Dhabi Securities Exchange. This follows a previous announcement on February 16, 2025, regarding the suspension of liquidity provision activities and the start of treasury shares buyback activities. The termination will be effective within 30 calendar days and 30 business days, respectively. During the suspension period and until the effective date, the liquidity providers will not carry out their activities. 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 GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced the purchase of 2,900,000 treasury shares, increasing its total holding from 277,415,723 shares (7.24% of total issued shares) to 280,315,723 shares (7.31% of total issued shares) as of March 4, 2025. The decision to purchase was made by the company's board on February 24, 2025, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3134 USD per share, representing 0.076% of the issued capital. There are 102,943,660 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 SHUAA Capital PSC

Disclosure: Notification from the company

SHUAA Capital Bond 1 Limited announced the indicative and non-binding acceptance amounts for its Exchange Offer concerning its U.S.$150 million 7.50% Notes due on March 31, 2025. The offer invited eligible holders to exchange up to U.S.$75 million of these notes for UAE Dirham-denominated mandatory convertible bonds to be issued by SHUAA Capital psc. The offer expired at 4:00 p.m. London time on February 28, 2025. As of the expiration deadline, valid tenders amounted to U.S.$76,133,000. The indicative and non-binding acceptance amount is U.S.$72,733,000, subject to a pro rata scaling factor of 98.968%. The expected aggregate principal amount of the new bonds to be issued is AED267,111,942.5. Final results will be published after the approval condition is satisfied.

1. Attached Document

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Board Decisions by Passing

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, is headquartered at The H Hotel, Office Tower, 15th Floor, Office No. 1502, Dubai, UAE. The company has a commercial license number 200219 and a regulatory license number 630307. On March 4, 2025, a letter was addressed to Mr. Hamad Ahmed Ali, the CEO of the Dubai Financial Market, informing him that the Board of Directors of Shuaa Capital PSC will make decisions by circulation concerning convertible debt securities to be issued soon. The meeting is scheduled for Friday, March 7, 2025. The letter was signed by Islam Mahrous, the Chief Compliance Officer.

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Equity Futures – Contract Adjustment for EMIRATESNBD Equity Futures Contract

The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts for EMIRATES NBD PJSC due to a cash dividend payment of AED 1.00 per share approved by the company's shareholders. The adjustment will take effect on March 5, 2025, which is the ex-dividend date. The affected contracts include the ENBD FUT series for March, April, and May 2025. The price adjustment involves an adjustment ratio of 0.9535960, resulting in revised prices for each contract. The adjusted prices will serve as the reference price for trading on March 5, 2025. Further details are available on the DFM website. The information is subject to change and the DFM Regulated Derivative Contract Trading Regulation will prevail in case of any inconsistencies.

1. Attached Document

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Dubai Financial Market News

News Update From TECOM GROUP P.J.S.C.

Disclosure: Management Discussion and Analysis Report FY2024

1. Attached Document

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Dubai Financial Market News

News Update From Al Salam Bank B.S.C

Disclosure: Press release

Al Salam Bank, in partnership with BYD, has launched an exclusive auto financing offer for new energy vehicles in Bahrain, running from February 15 to March 31, 2025. This initiative supports the bank's Environmental, Social, and Governance (ESG) goals by promoting eco-friendly transportation. Clients financing a BYD new energy vehicle through the bank can receive a cashback reward of up to BHD 1,000, subject to terms and conditions, along with flexible financing solutions. The initiative aligns with Bahrain's sustainability agenda and the global shift towards a low-carbon economy. The offer is timed to coincide with increased vehicle demand during Ramadan. Both Al Salam Bank and BYD emphasize their commitment to sustainable mobility and providing innovative financial solutions.

1. Attached Document

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Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Notification from the company

1. Attached Document

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