Latest Threads
Check out what has been happening in the community
On 17 October 2025, a letter addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, was sent from Emirates NBD Bank. The letter informs him of a scheduled Board of Directors meeting on 22 October 2025 at 3:30 PM. The meeting's agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending 30 September 2025, and discussing regular business activities. The letter is signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, with a copy sent to the Securities & Commodities Authority.
The Board of Directors of Emirates Islamic Bank (P.J.S.C) is scheduled to meet on Wednesday, 22 October 2025, at 3:00 pm. The agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending on 30 September 2025, and discussing normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and is signed by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank (P.J.S.C). A copy of the letter is also sent to the Securities & Commodities Authority.
The Islamic Arab Insurance Company, known as SALAMA, held a General Assembly Meeting on October 6, 2025. Following approval from the Central Bank of the United Arab Emirates on October 16, 2025, five new members were elected to the Board of Directors through cumulative voting by secret ballot. These members will fill the vacant seats for the remainder of the current term, which ends in April 2026. The elected board members are Mr. Rashed Mohammed Ali Abdulrahman, Mr. Buti Abdulla Mohammed Aljumairi, Mr. Essa Ali Bin Salem Bin Hassim Alzaabi, Mr. Umair Nizami Zulfiqar Ali, and Mr. Parvaiz Siddiq.
The Islamic Arab Insurance Company (SALAMA) is scheduled to hold a Board of Directors meeting on Tuesday, October 21, 2025, at 10:00 AM. The meeting will cover the election of the Board Chairman, the restructuring of Board Committees according to the company’s governance framework and applicable regulations, the continuation of the capital reduction process including the publication of the creditors' announcement, as well as regular matters and any other business. The notification was issued by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.
The Dubai Financial Market (DFM) announced the expiry settlement prices for equity futures contracts set to expire in October 2025. The settlement prices are listed for various contracts, including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA, with prices ranging from 0.223 AED to 27.100 AED. The announcement, dated October 16, 2025, is available on the DFM website. A disclaimer notes that the information is subject to change and advises consulting the official Dubai Financial Market Regulated Derivative Contract Trading Regulation for authoritative guidance.
The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts for EMPOWER due to a cash dividend payment of AED 0.04375 per share, effective from October 17, 2025. The adjustment affects three contract series: EMPWR X25 for November 2025, EMPWR Z25 for December 2025, and EMPWR F26 for January 2026. The price adjustment involves a ratio of 0.974112, reducing the prices from 1.697 to 1.653, 1.702 to 1.658, and 1.706 to 1.662, respectively. The adjusted price will serve as the reference price for trading on October 17, 2025. Further details are available on the DFM website. The information provided is subject to change and is not a substitute for the official DFM regulations.