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On 8 April 2025, Emirates Islamic Bank (EIB) received a notification from Emirates NBD Bank (ENBD) about a mandatory acquisition of all EIB shares not accepted by EIB shareholders, as per the Offer Document dated 27 February 2025, to achieve 100% ownership. The objection period for this acquisition ended on 7 June 2025, with no objections received. On 10 June 2025, the Dubai Financial Market suspended EIB share trading in preparation for the settlement of this acquisition. As of 16 June 2025, the mandatory acquisition procedures were settled in accordance with Article 11 of the SCA Board of Directors' Decision No. 18/R.M.
The weekly summary for DFM Regulated Short Sell Transactions from June 9 to June 13, 2025, reports that PARKIN Company P.J.S.C recorded a short sell trade volume of 1,500 and a trade value of 9,240 AED. For more details on Regulated Short Selling, refer to DFM's Market Rules and Operational Model on their website. The information is subject to change, and DFM is not liable for any losses resulting from the use of this data.
GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Wednesday, 13 August 2025, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2025 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.