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Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From SHUAA Capital PSC
Disclosure: Results of Board Decisions by Passing

SHUAA Capital p.s.c. is a financial investment company based in Dubai, United Arab Emirates, located at The H Hotel Dubai, Office Tower, Level 15. It is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's contact details include a telephone number, fax number, email, and website. On October 17, 2025, the Board of Directors of SHUAA Capital approved resolutions by circulation concerning customary business-related matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, the Chief Compliance Officer.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Emirates NBD PJSC
Disclosure: Earnings Call

Date: 17 October 2025 Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market, is informed about the upcoming Earnings Call Meeting of Emirates NBD Bank, scheduled for Thursday, 23 October 2025, at 2:00 PM. The meeting will discuss the financial results for the third quarter, which ended on 30 September 2025. Further details can be found on Emirates NBD's Investor Relations website. The letter is from Dr. Ahmed Saeed Alkhalfawi, Group Company Secretary of Emirates NBD Bank, with a copy sent to the Securities & Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Press release

Salama, a leading Takaful provider in the UAE, announced that its shareholders have approved a capital restructuring plan aimed at strengthening its solvency and regulatory capital position. During a General Assembly on October 16, 2025, shareholders agreed to a capital reduction to offset losses and cancel treasury shares. Following regulatory approval, Salama plans to issue up to AED 175 million in Mandatory Convertible Sukuk to select strategic investors through a special purpose vehicle. This move is intended to reinforce Salama’s financial position in compliance with the Central Bank of the UAE's requirements. The plan reflects strong market confidence in Salama's fundamentals and long-term stability. Salama reported a 5.2% increase in total equity and a net profit of AED 8.25 million in the first half of 2025. S&P Global Ratings affirmed Salama's long-term issuer credit and insurer financial strength rating at ‘BBB-’ with a Developing outlook, citing improving fundamentals and capital position.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Emirates NBD PJSC
Disclosure: BOD meeting

On 17 October 2025, a letter addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, was sent from Emirates NBD Bank. The letter informs him of a scheduled Board of Directors meeting on 22 October 2025 at 3:30 PM. The meeting's agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending 30 September 2025, and discussing regular business activities. The letter is signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, with a copy sent to the Securities & Commodities Authority.

1. Attached Document

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

The Board of Directors of Emirates Islamic Bank (P.J.S.C) is scheduled to meet on Wednesday, 22 October 2025, at 3:00 pm. The agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending on 30 September 2025, and discussing normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and is signed by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank (P.J.S.C). A copy of the letter is also sent to the Securities & Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 17/10/2025 is the ex-dividend date for EMPOWER shares
Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on GULFNAV shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Notification from the company

The Islamic Arab Insurance Company, known as SALAMA, held a General Assembly Meeting on October 6, 2025. Following approval from the Central Bank of the United Arab Emirates on October 16, 2025, five new members were elected to the Board of Directors through cumulative voting by secret ballot. These members will fill the vacant seats for the remainder of the current term, which ends in April 2026. The elected board members are Mr. Rashed Mohammed Ali Abdulrahman, Mr. Buti Abdulla Mohammed Aljumairi, Mr. Essa Ali Bin Salem Bin Hassim Alzaabi, Mr. Umair Nizami Zulfiqar Ali, and Mr. Parvaiz Siddiq.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
2 months ago
News Update From Islamic Arab Insurance Company
Disclosure: BOD meeting

The Islamic Arab Insurance Company (SALAMA) is scheduled to hold a Board of Directors meeting on Tuesday, October 21, 2025, at 10:00 AM. The meeting will cover the election of the Board Chairman, the restructuring of Board Committees according to the company’s governance framework and applicable regulations, the continuation of the capital reduction process including the publication of the creditors' announcement, as well as regular matters and any other business. The notification was issued by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.

1. Attached Document

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