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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
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on SALAM_BAH shares starting from 11:00 AM (UAE Time) as its BOD meeting is being held today, 19-09-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From AMANAT HOLDINGS PJSC
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

On 19th September 2024, GFH Financial Group B.S.C. announced that discussions and negotiations are ongoing for the acquisition of Ithmaar Holding B.S.C.'s financing and investment portfolios, subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact will be disclosed in due course. Previous related disclosures were made on 6th March, 7th April, 6th May, and 6th June 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC Sustainability Report

The "Sustainability Report 2023" focuses on accelerating growth while ensuring environmental stewardship, social well-being, and ethical governance.

1. Disclosures: Abu Dhabi Ports Company PJSC Sustainability Report

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Gulf Investment House Company
Disclosures: Disclosure of Material Information for Gulf Investment House

1. Disclosures: Disclosure of Material Information for Gulf Investment House

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Commercial Bank International
Disclosures: Commercial Bank International Board Meeting Results held on 19/09/2024 at 11:00

1. Disclosures: Commercial Bank International Board Meeting Results held on 19/09/2024 at 11:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC Sustainability Report for the year 2023

The 2023 Sustainability Report focuses on accelerating growth while ensuring environmental stewardship, social well-being, and ethical governance.

1. Disclosures: Abu Dhabi Ports Company PJSC Sustainability Report for the year 2023

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From BURJEEL HOLDINGS PLC
Disclosures: BURJEEL HOLDINGS PLC General Press Release

Abu Dhabi Stem Cells Center (ADSCC) and Burjeel Holdings PLC have formed a strategic partnership to expand bone marrow transplant and cellular therapy services at Burjeel Medical City (BMC). This collaboration aims to enhance access to advanced care for patients with blood cancer, genetic diseases, autoimmune diseases, and other conditions, establishing Abu Dhabi as a global healthcare destination. ADSCC will extend its proprietary Abu Dhabi Bone Marrow Transplant Program (AD-BMT©) to BMC, which is accredited by the Department of Health - Abu Dhabi and recognized by the Foundation for the Accreditation of Cellular Therapy (FACT). ADSCC has achieved significant milestones in bone marrow transplantation and CAR-T Cell Therapy since 2020. The Burjeel Cancer Institute (BCI) at BMC has also pioneered bone marrow transplants, including the UAE’s first pediatric BMT in 2022. The partnership aims to create an integrated ecosystem for advanced research, cellular therapy, and regenerative medicine, benefiting new and existing patients. Both institutions are committed to setting new benchmarks in patient outcomes and medical excellence.

1. Disclosures: BURJEEL HOLDINGS PLC General Press Release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Central Cooling Co.
Disclosure: Clarification from the company

Sean Magee, Board Secretary, addressed a letter dated 18 September 2024 to H.E Dr. Maryam Buti Al Suwaidi, CEO of the Securities & Commodities Authority, and H.E Hamed Ali, CEO of the Dubai Financial Market. The letter clarifies recent media reports about statements attributed to Tabreed's CEO regarding future expansion into new markets. The company states that these quotes were inaccurate and that the CEO was speaking hypothetically about growth aspirations rather than concrete plans. Tabreed is focused on exploring promising investment opportunities to create long-term value for shareholders and operates in the UAE, four GCC countries, India, and Egypt. The company reaffirms its commitment to transparency and disclosure requirements and will disclose material information to the market once finalized. For further information, recipients are invited to contact the company.

1. Disclosure: Clarification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Amlak Finance P.J.S.C
Disclosure: Notification from the company

On September 18, 2024, Amlak Finance PJSC announced the sale of an investment unit in Dubai to an Amlak employee. The transaction, representing 0.04% of the company's capital, involves a down payment and a three-year installment plan. There are no deviations from approved policies, and the sale complies with UAE Central Bank regulation No 112-2018, which requires the disposal of foreclosed units within three years of acquisition. The unit's evaluation was conducted by "British Arabian" and "Colliers." Amlak Finance PJSC confirms that the deal's terms are fair, reasonable, and in the interest of the company's shareholders. The announcement was authorized by Lama Takieddin, Head of Corporate Governance and Company Secretary.

1. Disclosure: Notification from the company

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