Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
The Dubai Financial Market (DFM) has announced the expiry settlement prices for Equity Futures Contracts set to expire in June 2025. These prices are listed for various contract series, identified by their symbols and contract IDs (ISINs), and are all denominated in AED. The document includes a disclaimer noting that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation. The full announcement can be accessed on the DFM website.
The Board of Directors of Emirates Investment Bank PJSC invites shareholders to a General Meeting on Thursday, June 19, 2025, at 11:30 AM at the Bank's head office in Dubai, or via Zoom. The meeting's agenda includes electing a new Board member to fill a vacancy, pending approval from the UAE Central Bank. Shareholders may delegate a proxy to attend, with restrictions on who can be delegated and the percentage of capital they can represent. Legal entities can appoint a representative through a board resolution. The meeting requires a quorum of shareholders representing at least 50% of the Bank's capital. If this quorum is not met, a second meeting will be held on June 26, 2025. Shareholders registered by June 18, 2025, can vote. Relevant documents and reports are available on the Bank's and Market's websites.
The Board of Directors of Gulf Navigation Holding PJSC has issued a Shareholders' Circular to inform eligible shareholders about the issuance of mandatory convertible bonds. These bonds will be convertible into shares at a specified issue price and will be offered to the eligible shareholders of the company.
Taaleem Holdings PJSC, a prominent provider of K-12 education in the UAE, has agreed to acquire a 95% stake in Kids First Group Limited (KFG), a leading early-learning education provider in the GCC. The acquisition will be financed through a combination of equity and debt and is expected to be completed by the fourth quarter of Taaleem’s 2024/25 financial year, pending regulatory approvals. KFG operates 34 nurseries across Dubai, Abu Dhabi, and Doha, serving over 5,000 students with various curricula. This acquisition allows Taaleem to expand into the early-learning sector and enhance its value and earnings profile. KFG will continue to operate as a standalone unit within Taaleem, with its founder retaining a 5% stake and continuing as CEO. The current management team will remain in place to leverage their expertise. This move aligns with Taaleem’s strategy of providing scalable, high-quality education in the region.