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The Commercial Bank of Dubai P.S.C. has announced the redemption of its U.S.$600,000,000 Perpetual Additional Tier 1 Capital Securities on 21 April 2026, which is the First Call Date. The redemption will be executed in accordance with the terms outlined in the prospectus dated 19 October 2020. Following this, the bank will seek to cancel the listing of these securities on both the Euronext Dublin and Nasdaq Dubai, effective on or shortly after the redemption date. This announcement, which may contain inside information as per EU regulations, is made by Darren Clarke, the Chief Financial Officer of the bank. For further details, contact information for Ms. Celeste Ang and Mr. Adnan Nur at the bank is provided.
The document outlines the margin parameters for DFM Futures, effective from April 9, 2026. It lists various underlying symbols with their respective base margin percentages, base margin per contract in AED or USD, and spread margin per contract. The margin percentages range from 5% to 19%, and the base margin per contract varies depending on the symbol. The methodology for margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the Dubai Financial Market's website. The information is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of inconsistencies.
Dubai Taxi Company PJSC (DTC) announced that its shareholders approved a final cash dividend of AED 142.0 million for the second half of 2025, equivalent to 5.68 fils per share, during the Annual General Meeting. This brings the total dividend for the fiscal year 2025 to AED 302.7 million, marking a 7.5% increase from the previous year. The dividend distribution aligns with DTC's policy of paying out at least 85% of annual net profit on a semi-annual basis. The approval underscores DTC's strong performance and commitment to providing attractive returns to shareholders, amidst regional uncertainties and strong economic fundamentals in Dubai.