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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From SHUAA Capital PSC
Disclosure: Results of Board Decisions by Passing

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority (license number 630307, commercial license number 200219), is headquartered in Dubai, UAE. The main office is located at The H Hotel, Office Tower, 15th Floor, Office No. 1502. The company can be contacted via phone at +971 (4) 330 3600 and fax at +971 (4) 330 3550. On June 9, 2025, the company's Board of Directors made decisions by circulation, including the election of Ms. Hamda Eid Al Muhairi as Vice Chairman of the Board. Other business-related matters were also addressed. The communication was directed to Mr. Hamid Ahmed Ali, the CEO of Dubai Financial Market, by Islam Mahrous, the Chief Compliance Officer.

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From Dubai Financial Market PJSC
DFM News: Futures Contracts - Margin Parameters

The text outlines the margin parameters for DFM Futures effective from June 10, 2025. It lists various underlying symbols traded on the Dubai Financial Market (DFM) along with their respective base margin percentages, currencies, base margins per contract, and spread margins per contract. The document also mentions that the methodology for margin calculation and types of eligible margins can be found in the Derivatives Clearing Guidelines and Procedures available on the Dubai Clear website. Additionally, it states that the announcement is available on the DFM website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of any inconsistency.

1. DFM News: Futures Contracts - Margin Parameters

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Press release

Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), delivered a keynote address at the IDEA 2025 Conference and Exhibition in the United States. He highlighted the importance of district cooling systems in achieving sustainable development, enhancing energy efficiency, and reducing carbon emissions. Bin Shafar emphasized that district cooling is essential for countries aiming to transition to a low-carbon economy. He shared Empower’s growth story in Dubai, attributing its success to strategic vision, government support, and investment in infrastructure and technology. He advocated for international legislation to encourage the adoption of district cooling systems, highlighting their benefits in operational efficiency, cost reduction, and emissions control.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
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. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
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. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
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
9 months ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From Ekttitab Holding Company K.S.C.C
Disclosure: Notification from the company-Certified Minutes of the General Assembly Meeting

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

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
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. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

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