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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: Resume trading on NCC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Futures Contracts - Margin Parameters

The Dubai Financial Market (DFM) has announced the margin parameters for various futures contracts effective from August 9, 2024. The underlying symbols include AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The base margin percentages range from 5% to 19%, with specific base margin and spread margin amounts listed for each contract. Detailed methodologies for margin calculation and eligible margin types are available in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. The announcement is also accessible on the DFM website. The information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation in case of discrepancies.

1. DFM News: Futures Contracts - Margin Parameters

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Cement Company (P.S.C.)
Disclosure: Financial statements for the 2n QTR of 2024

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Cement Company (P.S.C.)
Disclosure: Results of BOD Meeting

On August 8, 2024, the National Cement Company PSC held a board meeting from 11:00 AM to 12:00 PM, attended by six board members, achieving a quorum of 85.7%. The meeting resulted in the approval of the previous meeting minutes and the financial statement for the period ending June 30, 2024, as well as a discussion on the company's business. The disclosure was addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and was also copied to the Securities and Commodities Authority. The communication was signed by Mohammed Abdulla Ahmed Al Ghurair, General Manager of National Cement Company.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From United Foods Company (PSC)
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Gulf Pharmaceutical Industries
ADX Disclosures: Temporary suspension of trading on the shares of Gulf Pharmaceutical Industries on 14 Aug 2024

Resolution No. 465 of 2024 announces the temporary suspension of trading for Gulf Pharmaceutical Industries (JULPHAR) shares on the Abu Dhabi Securities Exchange (ADX). This suspension will start at 12:00 PM on August 14, 2024, due to a Board of Directors meeting that coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution requires all ADX department heads to implement this decision and mandates its circulation to the Securities and Commodities Authority (SCA), the concerned company, relevant ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 8, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Gulf Pharmaceutical Industries on 14 Aug 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Al Firdous Holdings PJSC
Disclosure: BOD meeting

The text is a formal announcement from Al Firdous (P.J.S.C.) regarding the date of their Board of Directors' meeting, addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market. The meeting is scheduled for Tuesday, August 13, 2024, at 3:00 PM to review the preliminary financial statements for the first quarter ending June 30, 2024. The announcement is signed by Sheikh Khaled Zayed S. Al Nahayan, Chairman of the Board, and a copy is sent to the Security and Commodities Authority. Contact details for Al Firdous Holdings in Dubai are also provided.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From GFH Financial Group B.S.C.
Disclosure: GFH Financial Group’s Webcast for the Second Quarter of 2024 Financial Results

GFH Financial Group B.S.C. has announced a webcast for its second-quarter financial results of 2024, for the period ending June 30, 2024. The webcast is scheduled for Wednesday, August 14, 2024, at 01:00 pm Bahrain time. Shareholders and investors are invited to attend. The announcement was made by Mariam Jowhary, Head of Compliance & AML, and includes a web link for registration.

1. Disclosure: GFH Financial Group’s Webcast for the Second Quarter of 2024 Financial Results

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Industries Group Holding (S.A.K.)
Disclosure: Credit Rating Disclosure

1. Disclosure: Credit Rating Disclosure

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Emirates Investment Bank PJSC
Disclosure: BOD meeting

1. Disclosure: BOD meeting

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