Latest Threads
Check out what has been happening in the community
A consortium consisting of Air Arabia, Nesma Group, and KUN Holding has won the bid from the General Authority of Civil Aviation (GACA) to establish a new national low-cost airline based at King Fahd International Airport in Dammam. The airline aims to improve air connectivity for the Eastern Province, support the Kingdom's aviation sector growth, and contribute to economic development and job creation. The consortium plans to operate 24 domestic and 57 international destinations with 45 aircraft by 2030, serving approximately 10 million passengers. This initiative aligns with Saudi Vision 2030 and seeks to enhance tourism infrastructure and stimulate the local economy.
On 18 July 2025, Emirates NBD Bank announced that its Earnings Call Meeting will be held on Thursday, 24 July 2025, at 2:00 PM. The meeting will discuss the financial results for the second quarter ending on 30 June 2025. For more information, interested parties are directed to visit the Emirates NBD Investor Relations website. The communication was sent by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD, with a copy forwarded to the Securities & Commodities Authority.
On 18 July 2025, a letter was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding an upcoming Board of Directors meeting for Emirates Islamic Bank (P.J.S.C). The meeting is scheduled for 3:00 PM on Wednesday, 23 July 2025. The agenda includes approving the previous meeting's minutes, approving the financial results for the three-month period ending 30 June 2025, and discussing normal business activities. The letter is signed by Dr. Ahmed Saeed Alkhalfawi, Group Company Secretary of Emirates NBD Bank (P.J.S.C), and a copy is sent to the Securities & Commodities Authority.
The Board of Directors of Emirates NBD Bank (P.J.S.C) is scheduled to meet on Wednesday, 23 July 2025, at 3:30 PM. The agenda for the meeting includes approving the minutes of the previous Board of Directors meeting, approving the financial results for the three-month period ending 30 June 2025, and discussing normal business activities. This information is communicated to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, with a copy sent to the Securities & Commodities Authority. The letter is signed by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank.
The Dubai Financial Market announced the expiry settlement prices for equity futures contracts expiring in July 2025. The prices are listed for various contract series codes, with each contract identified by its symbol, expiry settlement price in AED, and contract ID (ISIN). The announcement can be accessed on the Dubai Financial Market website. A disclaimer notes that the information is subject to change and advises referring to the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of any inconsistencies.
Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219, is headquartered at The H Hotel, Office Tower, 15th Floor, Office No. 1502, Dubai, UAE. The company's contact details include phone number +971 (4) 330 3600 and fax +971 (4) 330 3550. An official communication addressed to Mr. Hamid Ahmed Ali, CEO of Dubai Financial Market, dated July 17, 2025, informs that the Board of Directors of Shuaa Capital PSC will make decisions by circulation regarding the company's operations on Tuesday, July 22, 2025. The notice is signed by Islam Mahrous, Chief Compliance Officer.