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Dubai Financial Market News

News Update From Amlak Finance P.J.S.C

Disclosure: Invitation of General Assembly

The Board of Directors of Amlak Finance PJSC invites its shareholders to attend a General Meeting on June 30, 2025, at 3:00 PM, either remotely or in person at Kempinski the Boulevard, Downtown Dubai. The meeting will discuss two special resolutions: 1. Approval to transfer the legal and special reserve balances, totaling AED 307,392,000 and AED 99,265,000 respectively as of December 31, 2024, to partially offset accumulated losses, pending regulatory approval. 2. Approval of a strategic decision to exit the company's real estate finance portfolio through various means, including selling financing contracts to other institutions and exiting contracts through mutual agreements with customers. The Board, or an authorized person, is empowered to approve such transactions and offer necessary discounts and waivers. Shareholders can register to attend electronically from June 27, 2025, at 10 AM until June 30, 2025, at 10 AM via www.smartagm.ae. Shareholders may delegate someone to attend on their behalf, excluding Directors, through a written proxy. A proxy cannot represent more than 5% of the company's share capital. Minors or legally incapacitated shareholders must be represented by their legal representatives. The proxy signature must be approved by a recognized entity.

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Dubai Financial Market News

News Update From International Financial Advisors K.S.C.C.

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Regulated Short Sell – Weekly Summary – June

The weekly summary for DFM Regulated Short Sell Transactions from June 2nd to June 4th, 2025, reports on the trading activity for Dubai Islamic Bank PJSC. During this period, 10,000 shares were short sold, with a trade value of AED 83,700. For more information on Regulated Short Selling (RSS), refer to the DFM Market Rules and Operational Procedures available on the DFM website. The announcement is also accessible on their website. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the data.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on IFA shares starting from 2:30 PM (UAE Time) as its BOD meeting is being held today, 04-06-2025 and until results are disclosed
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Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Nominees for Board of Directors membership

1. Attached Document

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Dubai Financial Market News

News Update From Al Sagr National Insurance Company

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

News Update From Al Salam Bank B.S.C

Disclosure: Press release

Al Salam Bank announced the successful completion of its USD 450 million Additional Tier 1 (AT1) Capital issuance, indicating strong investor confidence in the bank's financial health and long-term growth strategy. The issuance, structured as a private placement and advised by ASB Capital, attracted significant demand from both regional and international investors. This initiative is part of the bank's broader financial optimization strategy to enhance its capital position and support future growth plans. The issuance underscores the bank's commitment to sustainable growth and financial resilience, positioning it as a leading financial group in the region. ASB Capital, which advised on the issuance, provides tailored financing solutions and was recently involved in a USD 1 billion Sukuk issuance for Bapco Energies. Rafik Nayed, Group CEO of Al Salam Bank, highlighted the issuance as a testament to the bank's financial stability and strategic direction, noting a consistent increase in equity since 2020. He emphasized ASB Capital's ability to attract investor demand despite global market volatility, showcasing the firm's expertise in capital markets.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on SALAM_BAH shares after disclosing the results of its BOD meeting
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Dubai Financial Market News

News Update From Al Salam Bank B.S.C

Disclosure: Results of BOD Meeting

1. Attached Document

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Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: BOD meeting

The headquarters of Al Firdous (P.J.S.C.), located in Dubai, UAE, announced that a Board of Directors meeting will be held on June 12, 2025, at 3:00 PM. The agenda includes discussing and approving the financial report for the fiscal year ending March 31, 2025, considering the Nominations and Bonuses Committee's recommendation not to distribute meeting attendance allowances to Board members, and authorizing Sheikh Khaled Zayed S. Al Nahyan, the Chairman, to initiate the necessary steps to convene the General Assembly meeting. The announcement is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority.

1. Attached Document