Latest Threads

Al Salam Bank in Bahrain has introduced dedicated ATMs for Eid Al Adha, allowing customers to withdraw new banknotes in smaller denominations at three major shopping malls: Marassi Galleria, City Centre Bahrain, and The Avenues Mall. This initiative, available from June 3 to June 5, 2025, is in response to client demand and aims to enhance banking accessibility and convenience during the festive season. The ATMs help reduce in-branch traffic and are part of the bank's strategy to expand digital and self-service capabilities. Mr. Mohammed Buhijji, Head of Retail Banking, stated that this initiative supports the bank's mission to provide efficient and accessible services during important occasions. For more details, customers can visit the bank's website, contact via WhatsApp, or use the Skiplino app for appointments.

The document provides a summary of the Dubai Financial Market (DFM) Regulated Short Sell transactions for the period from May 26 to May 30, 2025. During this period, Emaar Properties PJSC had a short sell trade volume of 1 and a trade value of 336.25 AED. For more details on regulated short selling, the document refers readers to the DFM Market Rules and Operational Model available on their website. A disclaimer notes that the information is subject to change and DFM is not liable for any losses incurred from the use of the document's content.

Mashreqbank PSC held a Board of Directors meeting on May 30, 2025, at 10:00 am. The meeting reviewed and approved the previous meeting's minutes from January 30, 2025, and discussed other topics related to the bank's business and activities. The communication was signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.

On May 29, 2025, GFH Financial Group B.S.C. announced that Fitch Ratings, an international credit rating agency, has reaffirmed the group's Long and Short-Term Issuer Default Ratings (IDRs) at 'B' with a Stable outlook for the Long-Term IDR. Additionally, Fitch confirmed the 'B'/'RR4' rating for the group's $500 million senior unsecured Sukuk certificates issued through GFH Senior Sukuk Company Limited. The announcement noted that there is no expected financial impact of this credit rating classification on the company's business or financial position.

On May 29, 2025, Amlak Finance P.J.S.C held a board meeting attended by all seven members, achieving full quorum. The board decided to proceed with the sale of Ras Al Khor lands, following the General Assembly's approval on March 24, 2025. Details of the transaction are included in the disposal disclosure form. Additionally, the board called for a General Meeting on June 30, 2025, pending approval from the Securities and Commodities Authority, to discuss transferring the balance of Legal and Special Reserves as of December 31, 2024, to partially offset accumulated losses.