Latest Threads

The Board of Directors of Amlak Finance PJSC plans to make decisions by circulation on Friday, January 3, 2025, at 3 PM, regarding regular internal matters. This notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Lama Takieddin, Head of Corporate Governance and Company Secretary. The Securities & Commodities Authority is also copied on this communication.

Al Ansari Financial Services and Halan have formed a strategic partnership to offer innovative financial services in the UAE, targeting underbanked and unbanked populations. The collaboration introduces Salary Advance and Send Now, Pay Later (SNPL) services, aimed at providing Al Ansari's customers with enhanced financial flexibility and convenience. Salary Advance allows individuals to access a portion of their wages before payday, reducing reliance on high-interest credit. The partnership leverages Al Ansari's financial expertise and Halan's fintech platform to deliver secure and accessible solutions tailored to the needs of the UAE workforce. The SNPL service enables customers to send money instantly and repay in installments, further supporting financial inclusion and empowerment.

Shuaa Capital PSC, based in Dubai, UAE, has announced the resignation of board member Mr. Ahmed Abdel Hamid Saeed Al Ahmadi, effective December 30, 2024. His resignation follows the completion of his significant role in improving the company's capital structure during this critical phase. The notice was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, the Chief Compliance Officer.