Latest Threads

The board meeting of Amlak Finance P.J.S.C. was held on Tuesday, 16 December 2025, from 3:00 PM to 4:30 PM. Six board members were present, achieving a quorum of 86%. The meeting focused on discussing normal business-related matters. The authorized signatory for the meeting was Lama Takieddin, who holds the position of Head of Corporate Governance and Company Secretary.

Tabreed, a leading district cooling company, has partnered with Sparklo, a UAE-based cleantech firm, to enhance the UAE's recycling infrastructure and promote sustainability. The collaboration involves installing 16 Sparklomat reverse vending machines across the country to facilitate the recycling of plastic bottles and aluminum cans in exchange for digital rewards. One machine is already set up at Tabreed's headquarters, with the remaining 15 to be placed in high-traffic areas like Ferrari World Abu Dhabi and various malls. The initiative aims to collect over four million containers annually, potentially preventing around 637,400 kilograms of CO₂ emissions each year. This effort supports the UAE's Net Zero 2050 and Circular Economy Policy goals by encouraging sustainable practices through incentives. Both Tabreed's CEO, Khalid Al Marzouqi, and Sparklo's founder, Maxim Kaplevich, emphasized the importance of integrating sustainability into everyday life and the role of innovation and partnerships in achieving environmental targets.

GFH Financial Group B.S.C. announced the purchase of 3,388,218 treasury shares, increasing its total treasury shares from 260,658,973 (6.801% of total issued shares) to 264,047,191 (6.890% of total issued shares) as of December 15, 2025. The decision to purchase was made by the company's board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The shares were bought at an average price of USD 0.600, representing 0.088% of the issued capital. There are 119,212,192 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.