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The Ministry of Finance in the UAE has officially listed the country's first Sovereign Retail T-Sukuk Programme, which is now available for secondary market trading. This initiative, aimed at individual investors, saw significant interest, with subscription orders reaching AED 445 million, nine times the initially planned issuance size of AED 50 million. Consequently, the issuance size was increased to AED 100 million. The programme attracted a diverse group of retail investors, with UAE nationals making up 72% of the subscribers. Notably, young investors under 25 and women represented 45% of the subscriber base, highlighting the programme's role in promoting financial inclusion. The listing was marked by a bell-ringing ceremony at Nasdaq Dubai, led by H.E. Mohamed bin Hadi Al Hussaini, alongside other officials.
The Board of Directors meeting for Al Sagr National Insurance Company (PSC) was held on July 2, 2026, at 3:00 PM at the company's head office. During the meeting, Mr. Jasim Hussain Ahmed Al Ali was elected as Chairman of the Board, and Ms. Fatima Marzouq Mohammed Ali Al Ali was elected as Deputy Chairperson. The Board also approved the formation of various committees, including the Audit Committee, Risk Committee, Nomination and Remuneration Committee, and Executive Committee. The members of these committees will be appointed once the Board's composition is complete and necessary approvals are obtained according to applicable laws and regulations. The meeting results have been communicated to the Dubai Financial Market CEO, Mr. Hamed Ahmed Ali, and a copy has been sent to the Capital Market Authority.
On July 2nd, 2026, there was press speculation about Emirates NBD Bank potentially acquiring a business in Türkiye. The bank regularly explores both organic and inorganic growth opportunities. However, Emirates NBD stated that there have been no significant developments requiring an official announcement regarding these speculations. If any substantial developments occur, the bank will disclose them in accordance with regulatory obligations. For further inquiries, contact Karan Goyal, Head of Investor Relations, or Ibrahim Sowaidan, Head of Group Corporate Affairs.