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Dubai Financial Market News

News Update From AJMAN BANK PJSC

Disclosure: BOD meeting

A notification was sent to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, informing him of a scheduled meeting of the Ajman Bank Board of Directors. The meeting is set for Tuesday, July 22, 2025, at 10:00 AM. The agenda includes ratifying the minutes of the previous board meeting, discussing and approving the financial statements for the second quarter of 2025, and following up on the bank's routine activities. The notification was signed by Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary.

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Dubai Financial Market News

News Update From Islamic Arab Insurance Company

Disclosure: Press release

Salama has partnered with Policybazaar.ae to enhance access to Shariah-compliant life Takaful insurance solutions in the UAE. This collaboration aims to increase the availability of Salama’s life insurance products through Policybazaar.ae's digital platform, aligning with local regulations. The partnership seeks to expand Salama’s reach to customers interested in ethical and transparent financial protection. Salama's offerings, which include term protection and savings-linked plans, are now available on Policybazaar.ae. The collaboration is supported by educational content and product assistance, aiming to simplify life insurance decisions for UAE residents. This initiative emphasizes financial inclusion, digital innovation, and empowering families to secure their futures.

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Dubai Financial Market News

News Update From Al Salam Bank B.S.C

Disclosure: Press release

Al Salam Bank has launched the 19th edition of its Annual Summer Internship Program, involving 45 university students, the largest group in the program's history. The two-month program aims to provide students with the necessary skills and exposure to succeed in the banking and financial sectors. This year's theme, "Sustainable Development through Innovation and AI," aligns with the bank's focus on integrating ESG principles and digital transformation. The program includes structured learning, departmental rotations, and mentorship, with interns participating in a project-based challenge to develop sustainability-driven solutions using AI. Winning proposals may receive monetary awards and be considered for implementation. Participants will also visit a local institution to learn about responsible innovation and sustainable operations. Muna Al Balooshi, Head of Human Resources and Administration, emphasized the program's role in youth empowerment and human capital development. The initiative supports Bahrain's knowledge-based economy by preparing future banking and finance professionals.

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Dubai Financial Market News

News Update From Ekttitab Holding Company K.S.C.C

Disclosure: Clarification from the company

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Dubai Financial Market News

News Update From Ekttitab Holding Company K.S.C.C

Disclosure: BOD meeting

1. Attached Document

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Dubai Financial Market News

News Update From Commercial Bank of Dubai P.S.C.

Disclosure: BOD meeting

A Board of Directors meeting for the Commercial Bank of Dubai P.S.C. is scheduled for Wednesday, 23rd July 2025, at 9:00 a.m. The agenda includes approving the minutes from the previous meeting held on 23rd April 2025, approving the bank's financial statements for the second quarter of 2025, discussing normal business activities, and addressing any other business. The outcome of the meeting will be communicated immediately afterward. The letter is addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and a copy is sent to the Securities and Commodities Authority.

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Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Press release

Empower, the world's largest district cooling services provider, has launched a summer campaign encouraging residential and commercial customers in Dubai to adopt energy-saving practices to reduce district cooling consumption and lower bills. The campaign, under the slogan 'Set and Save at 24°C', promotes setting air conditioner thermostats to 24°C and implementing measures like closing curtains and sealing gaps to minimize heat infiltration. Empower emphasizes routine maintenance of cooling systems to ensure efficiency. CEO Ahmad bin Shafar highlighted the company's commitment to supporting the UAE’s sustainability goals and promoting environmentally responsible practices. The campaign, running for the twelfth consecutive year, aims to raise awareness and encourage responsible energy consumption to support national sustainability efforts and help customers reduce their energy bills.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on ASNIC shares after disclosing their financial statements for the 1st QTR of 2025
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Financial statements for the 1st QTR of 2025

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Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Results of Board Decisions by Passing

On July 14, 2025, the Board of Directors of Al Sagr National Insurance Company (PSC) held a meeting by circulation. During this meeting, they reviewed and approved the financial statements for the first quarter of 2025, approved the restructuring of the committees established by the Board, and discussed and approved other general topics as appropriate. The results were disclosed to Hamed Ahmed Ali, the CEO of Dubai Financial Market, with a copy sent to the Securities and Commodities Authority.

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