Latest Threads

Check out what has been happening in the community

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Commercial Bank of Dubai P.S.C.

Disclosure: Earnings Call

The Commercial Bank of Dubai (P.S.C.) has scheduled an Earnings Call Meeting to discuss the financial results for the quarter ending on March 31, 2025. The meeting will take place on Monday, April 28, 2025, at 3:00 p.m. Further information is available on the bank's website under the Investor Relations section. The letter is addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and is signed by Mr. Ahmed Ali Al Jaziri, Board Secretary. A copy of the letter has also been sent to the Securities and Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on CBD shares starting from 9:30 AM as its BOD meeting is being held today, 23-04-2025 and until results are disclosed
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on WATANIA shares starting from 2:00 PM as its General Assembly is being held today, 23/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of WATANIA is being held on 23/04/2025

Watania International Holding (PJSC) invites its shareholders to the Annual General Assembly Meeting on Wednesday, April 23, 2025, at 2:00 pm. The meeting will be held at the 13th Floor, Building 2, The Galleries, Jebel Ali Downtown, Dubai, UAE, and will be available for attendance both in person and via video conferencing with electronic voting through www.smartagm.ae. The agenda includes reviewing and approving the Board of Directors’ and Auditor’s reports for the fiscal year ending December 31, 2024, discussing the company's financial statements, considering the recommendation to refrain from distributing dividends, approving Board members' remuneration, discharging or dismissing Board members and auditors, appointing auditors for 2025, and electing the Board of Directors for the term 2025-2028.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 23/04/2025 is the ex-dividend date for NGI shares
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on UNIKAI shares starting from 12:00 PM as its General Assembly is being held today, 23/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of UNIKAI is being held on 23/04/2025

Unikai Foods PJSC has invited its shareholders to attend the Annual General Assembly Meeting, which will be held both virtually and physically at the company’s premises in Al Quoz 1, Dubai, on Wednesday, April 23, 2025, at 12 p.m. The agenda includes reviewing and approving the Board of Directors' report on the company's activities and financial position for the year ending December 31, 2024, as well as the auditor's report for the same period. Shareholders will discuss and approve the financial statements, profit and loss statement, and a proposal for cash dividends amounting to AED 7,768,200, which is 20% of the paid-up capital, equivalent to 20 fils per share. The meeting will also cover the approval of the Board of Directors' remuneration totaling AED 2,450,000, and the discharge or potential dismissal and liability claims against the Board and auditors for the financial year 2024. Additionally, the appointment and fee determination of auditors for 2025 will be addressed. Special resolutions will include updates on the sale process of shareholder stakes, amendments to the Articles of Association, and the review and approval of related party transactions for 2024 and estimated transactions for 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced that it has purchased 300,000 treasury shares, increasing its total treasury shares from 197,246,941 to 197,546,941, which still represents 5.15% of the total issued shares as of April 22, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was $0.2862 per share, and the shares purchased represent 0.080% of the issued capital. There are 12,427,518 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Emirates Integrated Telecommunications Company PJSC

Disclosure: Press release

du, a leading telecom and digital services provider in the UAE, announced plans to build a new hyperscale data center valued at approximately 2 billion AED. This initiative significantly increases du's data center capacity and enhances its position as a key data center provider in the region. The data center will be developed in phases, with Microsoft as the main tenant. CEO Fahad Al Hassawi highlighted the project as a major step in du's strategy to expand beyond traditional offerings and support the growing demand for AI, sovereign cloud, and increased capacity. This development underscores the importance of technological advancements in enhancing economic landscapes and community standards, reinforcing the UAE's status as a global leader in technology and sustainability. Currently, du operates five data centers in the UAE, providing secure and scalable digital infrastructure.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Orient Takaful PJSC

Disclosure: Board Decisions by Passing

Orient Takaful PJSC, with a paid-up capital of 200 million dirhams, is registered under Federal Law No. (6) of 2007. The company is preparing for a board of directors' circular resolution on April 25, 2025, to review various operational activities. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority in Abu Dhabi. The announcement is signed by Syed Muhammad Asim, CEO of Orient Takaful. The company is a subsidiary of Orient Insurance PJSC and is located in Dubai, UAE.

1. Attached Document