Latest Threads

Takaful Emarat Insurance, a public shareholding company in Dubai, UAE, is subject to Federal Law No. (48) of 2023 and is registered under insurance companies Register No. 86 since October 14, 2008. The company announced the opening of nominations for two vacant Board membership seats on April 8, 2025. The election for these positions is scheduled for April 30, 2025, during the company's Annual General Assembly meeting. The nominees for the Board membership are Ms. Abeer Abdulla Khalil Mohamed Samea Almutawa (UAE), Mr. Hicham Moufid Hammoud (Palestine), Mr. Kareem Z A Murad (Jordan), Mr. Haroon Ahmad (United Kingdom), and Ms. Huda Buhumaid (UAE), all of whom are non-executive and independent candidates. Their nominations are subject to approval by the Central Bank of the UAE. The announcement is signed by Adnan Sabaalaish, the Acting CEO.

GFH Financial Group B.S.C. has announced a rescheduling of its Board of Directors meeting initially set for 14th May 2025. The meeting will now take place on 13th May 2025 at 2 p.m. Bahrain time. The agenda includes reviewing the financial results for the first quarter of 2025 and discussing other internal matters. The announcement was signed by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.

The Board of Directors of TECOM Group PJSC will meet on Thursday, May 1, 2025, at 3:00 PM to review and approve the condensed consolidated interim financial statements for the first quarter of 2025, along with other regular matters and any additional business. This meeting has been disclosed to the Dubai Financial Market and the Securities and Commodities Authority.

GFH Financial Group has announced the purchase of 1,600,000 treasury shares, increasing its total treasury shares from 198,021,941 (5.17% of total issued shares) to 199,621,941 (5.21% of total issued shares) as of April 28, 2025. The decision to purchase was made during a board meeting on March 24, 2025, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.2882 USD per share, representing 0.042% of the issued capital. There are 183,637,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.