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Ajman Bank has reported its highest annual profits in its history, achieving AED 440 million, representing a growth of 213% compared to a net loss of AED 390 million in 2023. The bank's record-breaking performance includes a total operating income of AED 1.5 billion and net operating income of AED 736 million. The bank's return on shareholder equity reached 12.9%, and return on assets was 1.8%. Ajman Bank's strong financial results are backed by a healthy balance sheet, with total assets of AED 23 billion, customer deposits of AED 19 billion, and equity of AED 3.1 billion. Key financial ratios have improved significantly, including a reduction in the non-performing loan ratio from 13.8% to 9.9%, and the ECL coverage ratio has doubled. The bank has proposed a cash dividend of 7.25%.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA), held a Board of Directors meeting on Wednesday, January 22, 2025, in Dubai, UAE. The meeting, which achieved a 100% quorum with seven board members present, took place from 11:00 AM to 12:00 PM. During the meeting, Shaikh Dr. Ammar Nasser Ahmad Nasser Al Mualla was elected as Chairman of the Board, Engineer Abdulla Subhi Ahmed Atatreh was elected as Vice Chairman, and Mr. Moataz Fahmy was appointed as Board Secretary. Additionally, the Board Committees were reformed, including the Audit Committee with Mr. Joseph Labash as Chairperson, and Mr. Mustafa Ghazi Kheriba and Mr. Zaid Farid Abdo Nassif as members.

A new contract series for Oman Crude Oil Futures, specifically the March 2026 contract, will be available for trading starting on January 27, 2025. The contract, identified by the symbol OMOIL H26, will be listed on the Dubai Financial Market and will be de-listed on January 23, 2026. Further details can be found on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.

The Board of Directors of Gulf Navigation Holding PJSC will hold a meeting on Thursday, January 23, 2025, at 10:00 am. The agenda includes discussing recent developments related to the acquisition of companies and assets owned by Brooge Energy Limited, considering calling a general assembly meeting to approve these developments subject to the approval of the Securities and Commodities Authority, and addressing regular matters and any other business of the company. The notification is signed by Nader Muqbel, the Investor Relations Director of Gulf Navigation Holding PJSC.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) with registration number 604097, is holding a Board of Directors meeting on Wednesday, January 22, 2025, starting at 11:00 AM. The agenda includes the election of the Chairman and Vice Chairman of the Board, appointment of Audit Committee members, appointment of Nomination and Remuneration Committee members, and discussion of other routine operational matters. The meeting is being organized by Abdel Hadi Al Sadi, CEO of BHM Capital Financial Services P.S.C.