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Al Ansari Financial Services PJSC has announced a strategic partnership with Abhi Middle East Limited to expand financial service options for consumers in the UAE. This collaboration aims to introduce Earned Wage Access (EWA) and Send Now, Pay Later (SNPL) services by the second quarter of 2025, pending regulatory approvals. These services are designed to support unbanked and underbanked communities by providing early access to earned wages and enabling immediate international remittances with deferred payment. The partnership builds on Al Ansari's previous collaborations with fintech platforms to enhance service efficiency and scalability. Both companies emphasize their commitment to improving financial accessibility and offering flexible solutions to meet diverse customer needs.

Drake and Scull International PJSC (DSI) and El Amar Group have signed a Memorandum of Understanding (MoU) to enhance their strategic collaboration in Egypt and Saudi Arabia. DSI, known for its contracting services in mechanical, electrical, and plumbing (MEP), oil and gas, and water treatment projects, will partner with El Amar Group, a leader in real estate development and infrastructure projects. The agreement focuses on joint exploration of engineering, procurement, and EPC projects, with an emphasis on civil, MEP, and infrastructure contracting, water treatment, and district cooling projects. The collaboration aims to leverage the strengths of both organizations to achieve cost efficiencies, improve operational outcomes, and deliver high-quality projects. The partnership also emphasizes sustainability and innovation, positioning both companies as leaders in their fields. CEOs of both companies expressed optimism about the partnership's potential to drive value and set new benchmarks in their industries.

Drake & Scull International PJSC has scheduled its first Board of Directors meeting for 2025 on Thursday, January 16, at 3:00 PM at the company's offices. The agenda includes reviewing and approving the minutes from the previous meeting and discussing the company's routine and operational matters.

The weekly trading summary for DFM Regulated Short Sell transactions from January 6 to January 10, 2025, reports that there were no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and related documents available on their website. The announcement is also accessible on the DFM website. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this information.

A meeting for Aramex PJSC is scheduled for Wednesday, January 15, 2025, at 12:00 PM UAE time. The agenda includes discussing a notification from Q Logistics Holding LLC regarding its intention to make a voluntary conditional cash offer to acquire up to 100% of Aramex PJSC's shares not already owned by Abu Dhabi Ports Company PJSC. Additionally, the meeting will cover business updates and routine matters. The document is signed by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.

Aramex PJSC announced that it received a notification from Q Logistics Holding LLC, a subsidiary of ADQ Development Holding LLC, on January 10, 2025. The notification expressed Q Logistics Holding LLC's intention to submit a voluntary conditional cash offer to acquire up to 100% of Aramex PJSC's share capital not already owned by Abu Dhabi Ports Company PJSC. The proposal will be reviewed by Aramex's Board of Directors following the relevant procedures outlined by the Securities and Commodities Authority's rules on acquisitions and mergers. Aramex PJSC will provide further updates on any significant developments.

GFH Financial Group B.S.C. announced its investment in Invenergy, a leading developer and operator of clean energy solutions, through investment vehicles managed by Blackstone's infrastructure group. This investment is expected to positively impact the Group's financials and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

Al Salam Bank B.S.C, an Islamic Retail Bank licensed and regulated by the Central Bank of Bahrain, announced a substantial shareholder transaction involving its shares. The transaction was reported to the Bahrain Bourse and Dubai Financial Market. On January 9, 2025, Muscat Overseas Company LLC increased its direct ownership in Al Salam Bank by purchasing 30,434,107 shares, raising its ownership from 201,276,024 shares (7.33%) to 231,710,131 shares (8.43%). The announcement was made by Ali Yusuf Al Khaja, Head of Compliance and MLRO, and was authenticated with a company seal.

Dubai Insurance Company has announced that Mr. Abdullah Mohammed Alhuraiz has resigned from his position as a board member for personal reasons, effective January 7, 2025. The notification was sent by Sahem Abdelhaq, the Head of Legal, to Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market, on January 10, 2025.