Latest Threads

Check out what has been happening in the community

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Emirates Islamic Bank PJSC

Disclosure: Notification from the company

On 8 April 2025, Emirates Islamic Bank (EIB) announced it received a notification from Emirates NBD Bank (ENBD) regarding the mandatory acquisition of all EIB shares from shareholders who did not accept ENBD's offer, aiming for 100% ownership of EIB's share capital. The notice period for this mandatory acquisition ended on 7 June 2025. As of 9 June 2025, neither EIB nor ENBD received any objections to the acquisition. EIB will instruct the Dubai Financial Market (DFM) to suspend trading of its shares starting 10 June 2025. All remaining EIB shares not already held by ENBD will be re-registered in ENBD's name around 13 June 2025, and ENBD will settle any cash payments due to the remaining EIB shareholders.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Amlak Finance P.J.S.C

Disclosure: Notification from the company

The letter, dated June 9, 2025, from Lama Takieddin, Head of Corporate Governance and Board Secretary, addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, discusses the recent increase in the company's share price. The increase is attributed to a disclosure on the Dubai Financial Market website about the company's Board of Directors meeting on May 29, 2025. During this meeting, the Board decided to proceed with the sale of the Ras Al Khor plots to Emaar Development PJSC for AED 2.9 billion. The company assures that no undisclosed material information exists and reiterates its commitment to transparency and compliance with disclosure and governance standards. A copy of the letter was also sent to the Securities & Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on IFA shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Insurance and Reinsurance Co.

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Ekttitab Holding Company K.S.C.C

Disclosure: Notification from the company-Certified Minutes of the General Assembly Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Amlak Finance P.J.S.C

Disclosure: Invitation of General Assembly

The Board of Directors of Amlak Finance PJSC invites its shareholders to attend a General Meeting on June 30, 2025, at 3:00 PM, either remotely or in person at Kempinski the Boulevard, Downtown Dubai. The meeting will discuss two special resolutions: 1. Approval to transfer the legal and special reserve balances, totaling AED 307,392,000 and AED 99,265,000 respectively as of December 31, 2024, to partially offset accumulated losses, pending regulatory approval. 2. Approval of a strategic decision to exit the company's real estate finance portfolio through various means, including selling financing contracts to other institutions and exiting contracts through mutual agreements with customers. The Board, or an authorized person, is empowered to approve such transactions and offer necessary discounts and waivers. Shareholders can register to attend electronically from June 27, 2025, at 10 AM until June 30, 2025, at 10 AM via www.smartagm.ae. Shareholders may delegate someone to attend on their behalf, excluding Directors, through a written proxy. A proxy cannot represent more than 5% of the company's share capital. Minors or legally incapacitated shareholders must be represented by their legal representatives. The proxy signature must be approved by a recognized entity.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From International Financial Advisors K.S.C.C.

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Regulated Short Sell – Weekly Summary – June

The weekly summary for DFM Regulated Short Sell Transactions from June 2nd to June 4th, 2025, reports on the trading activity for Dubai Islamic Bank PJSC. During this period, 10,000 shares were short sold, with a trade value of AED 83,700. For more information on Regulated Short Selling (RSS), refer to the DFM Market Rules and Operational Procedures available on the DFM website. The announcement is also accessible on their website. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the data.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on IFA shares starting from 2:30 PM (UAE Time) as its BOD meeting is being held today, 04-06-2025 and until results are disclosed
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Nominees for Board of Directors membership

1. Attached Document