Latest Threads

The Board of Directors of Emirates Reem Investments Company held a virtual meeting on March 17, 2025, at 11:00 a.m. The meeting was attended by board members Mohamed Haji Al Khoori, Rashed Mohammed Ahmed Dawra Alkaabi, Dr. Mona Saud Saud AlRasheedi, and Falal Ameen, along with General Manager Eman Waqas Pervaiz and Finance Manager Dan Rawat. The agenda included reviewing and approving the financial statements for 2024, discussing the agenda and date for the upcoming Annual General Meeting, and addressing internal company matters.

The document is a notification from Sukoon Insurance PJSC about an upcoming Board of Directors meeting scheduled for March 18, 2025, at 12:00 PM. The meeting will be held at the company's head office in Dubai and via the Teams platform. The agenda includes the election of the Chairman and Vice Chairman, appointment of board committees and a board secretary (pending approval from the Central Bank of the UAE), approval of underwriting performance and pricing reports as of December 2024, and general business matters. The notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy is sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority.

GFH Financial Group announced that it has purchased 2,840,000 of its own treasury shares, increasing its total treasury shares from 334,760,623 (8.73% of total issued shares) to 337,600,623 (8.81% of total issued shares) as of March 17, 2025. The decision to purchase these shares was made at a board meeting on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3151 USD per share, representing 0.074% of the issued capital. There are 45,658,760 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The Air Arabia Annual General Meeting (AGM) was held today at 3:00 PM as previously announced. During the meeting, the AGM approved a cash dividend distribution of 25% of the capital, equivalent to 25 Fils per share.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) in Dubai, UAE, has announced the termination of its liquidity provision agreement with GFH Financial Group B.S.C. for shares on the Dubai Financial Market and the Abu Dhabi Securities Exchange. This termination is effective from April 18, 2025. The decision follows GFH's announcement on February 16, 2025, to suspend liquidity provision activities and resume treasury share buyback programs. The notification was submitted through the EFSAH electronic disclosure system and addressed to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market. The letter is signed by Abdel Hadi Al Sa’di, the CEO of BHM Capital.