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The text refers to the condensed interim consolidated financial information, which is unaudited, for Dubai Islamic Insurance & Reinsurance Company (AMAN) (P.J.S.C) for the nine-month period ending on 30 September 2024.
Ithmaar Holding B.S.C. has announced ongoing discussions with GFH Financial Group B.S.C. regarding GFH's potential acquisition of Ithmaar's financing and investment portfolios. The negotiations are subject to regulatory approvals, and shareholders will be regularly updated on any further developments.
GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. are currently in negotiations for GFH to acquire Ithmaar’s financing and investment portfolios, subject to regulatory approvals. Shareholders will be regularly updated on any developments. The expected financial impact will be disclosed in due course. Previous related disclosures were made on various dates throughout 2024.
Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has scheduled a Board of Directors meeting on Friday, December 27, 2024, at 11:00 AM. The agenda includes discussing the final terms for two convertible bond issues, subject to necessary regulatory approvals; considering convening a general assembly meeting of the company's shareholders to approve the convertible bond issuance, also subject to regulatory approvals; and discussing other company-related matters. The notice is addressed to Mr. Hamid Ahmed Ali, CEO of Dubai Financial Market.
The Dubai Financial Market announced the expiry settlement price for the Micro GME Oman Crude Oil Futures contracts expiring in December 2024. The contract series OMOIL G25 has a settlement price of 73.42 USD, with the contract ID OIL241224001. This information is available on their website, and readers are reminded that the details may change and should not replace official market regulations.
Ithmaar Holding B.S.C. announced that its Board of Directors will review and approve the financial results for the year ending December 31, 2024. This meeting is scheduled for Thursday, February 13, 2025, at 1:00 PM. The announcement is addressed to the Bahrain Bourse and the Dubai Financial Market. The notice is signed by Khalid Ahmed Alabbasi, an authorized signatory.