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The financial platform has announced that the company, Al Khaleej Investment, has received a "B+" rating for its issuance of bonds valued at 612 million Emirati dirhams (approximately 167 million US dollars) due in December 2025. The rating reflects the company's strategic transformation efforts and long-term growth plans. The issuance aims to support the company's strategic transition and growth plans while reducing financing costs and enhancing financial flexibility. The company recently acquired a project, which will further assist in its strategic transformation and implementation of long-term growth plans. The issuance is expected to strengthen investor confidence and support the company's strategic objectives.
GFH Financial Group B.S.C. announced the purchase of 10,007,033 treasury shares, increasing its total treasury shares from 269,207,134 (7.024% of total issued shares) to 279,214,167 (7.285% of total issued shares) as of December 21, 2025. The decision to purchase was made by the company's board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The average purchase price was USD 0.625, representing 0.261% of the issued capital. There are 104,045,216 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that it has purchased 2,227,017 treasury shares, increasing its total treasury shares from 266,980,117 (6.966% of the total issued shares) to 269,207,134 (7.024% of the total issued shares) as of December 19, 2025. The decision to make this purchase was taken at a board meeting on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was USD 0.621 per share, and the purchased shares represent 0.058% of the issued capital. There are 114,052,249 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
The weekly summary for DFM Regulated Short Sell Transactions from December 15 to December 19, 2025, indicates that there were no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and the Operational Model and Procedures available on the DFM website. The announcement is also accessible on the DFM 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 information provided.
Gulf Navigation Holding PJSC has appointed a new Chairman, who expressed confidence in the company's financial health and strategic direction. The company has recently acquired Brooge Energy Limited's assets in Fujairah, valued at approximately AED 3.2 billion. This acquisition was financed through a combination of cash and shares, including a AED 460 million cash payment funded by a AED 500 million capital increase. The remaining amount was settled through shares and mandatory convertible bonds issued to Brooge shareholders. After converting these bonds into equity, Gulf Navigation's share capital is expected to increase to about AED 3.5 billion, strengthening its financial position. The acquisition adds high-quality, income-generating assets to the company's portfolio, enhancing its energy infrastructure capabilities.