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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Results of Board Decisions by Passing

On November 24, 2025, the Board of Directors of the Islamic Arab Insurance Company (SALAMA) passed resolutions by circulation, pending regulatory approvals from the UAE Central Bank and the Securities & Commodities Authority. The resolutions include approving documents related to the company's capital reduction and initially approving draft documents for a Mandatory Convertible Sukuk transaction, subject to final approvals from the relevant authorities and a final Fatwa from external and internal advisors.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: BOD meeting

The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Thursday, 27 November 2025, at 10:00 am. The agenda includes appointing a new Board member to fill a vacant seat, appointing a Chairman and Vice Chairman, and, subject to approval from the Securities and Commodities Authority, considering calling a general assembly meeting. The meeting will discuss approving a stock split by reducing the nominal value of shares without affecting the company's total issued share capital and changing the company's name through special resolutions.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Resignation of BOD member

On 24 November 2025, H.H. Sheikh Theyab Bin Tahnoon Bin Mohammad Al Nahyan resigned from his position as the Chairman of the Board of Gulf Navigation Holding PJSC. This information was communicated to H.E. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, by Ali Abouda, the Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From AL SALAM Sudan
Disclosure: Press release

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced the purchase of 9,910,000 treasury shares, increasing its total treasury shares from 236,319,315 (6.166% of total issued shares) to 246,229,315 (6.425% of total issued shares) as of November 24, 2025. The board of directors decided on the purchase on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was USD 0.582 per share, with 137,030,068 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Union Coop
Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From AL SALAM Sudan
Disclosure: Notification from the company

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Alliance Insurance
Disclosure: Notification from the company

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Drake & Scull International P.J.S.C
Disclosure: Results of Board Decisions by Passing

On November 24, 2025, the Board of Directors of Drake & Scull International PJSC passed resolutions by circulation. They appointed Mr. Khaled Owaidat as a Board Member to replace Mr. Ahmad Al-Kilani for the remainder of his term, subject to ratification by the General Assembly at the next meeting. Additionally, the Board reconstituted the Audit Committee with members Mr. Khaled Oweidat, Mrs. Mia ZEČEVIĆ, and Mr. Mustafa Saifuddin.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From SHUAA Capital PSC
Disclosure: Notification from the company

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the appointment of Mr. Halim Abou Rajily as the Group Chief Legal Officer. This appointment is effective immediately, and Mr. Rajily succeeds Ms. Roberta Clarisse, whose tenure will end on January 21, 2026. The announcement was made by Islam Mahrous, the Chief Compliance Officer.

1. Attached Document

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