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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
3 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Clarification from the company

The Islamic Arab Insurance Company (SALAMA) issued a clarification regarding a previous disclosure about a board resolution passed on November 24, 2025. The resolution involved setting a fixed conversion price of AED 0.46 per share for converting Mandatory Convertible Sukuk into new shares. This conversion price was calculated based on the total number of shares after the company's ongoing capital reduction, as outlined in the shareholder circular for the general assembly meeting on October 16, 2025. The conversion price falls within the specified range.

1. Disclosure: Clarification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Financial Market PJSC
DFM News: On the occasion of the 54th National Day of the United Arab Emirates, it has been decided that the official holiday at the Dubai Financial Market will begin on Monday, 1 December 2025, with regular working hours resuming on Wednesday, 3 December 2025.
Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of TAALEEM is being held on 26/11/2025

Taaleem Holdings PJSC is inviting its shareholders to attend the Annual General Assembly Meeting on November 26, 2025, at 4 PM, both physically at Dubai British School Jumeira and electronically. The agenda includes reviewing and approving the Board of Directors' report, the auditor's report, the balance sheet, and profit and loss statements for the fiscal year ending August 31, 2025. It also involves approving a cash dividend distribution of AED 150,000,000, the Board's remuneration totaling AED 5,250,000, discharging the Board and external auditors from liability for the fiscal year ended August 31, 2025, appointing auditors for the next fiscal year, and electing nine Board members for the upcoming three years.

1. DFM News: Reminder: General Assembly of TAALEEM is being held on 26/11/2025

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Emirates NBD PJSC
Disclosure: Results of BOD Meeting

On 26 November 2025, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, disclosing the results of a Board of Directors meeting for Emirates NBD Bank (P.J.S.C) held on 25 November 2025. The meeting's agenda included approving the minutes from previous meetings on 18 and 22 October 2025 and discussing normal business activities. The letter was signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, and a copy was sent to the Securities & Commodities Authority.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: Press release

GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, has acquired a majority stake in Devmark Real Estate Brokers L.L.C., a leading real estate development project sales and marketing platform in the UAE. This investment is expected to positively impact GFH’s financials and increase the Group’s returns. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai National Insurance & Reinsurance
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced that it has purchased 3,100,000 treasury shares, increasing its total treasury shares from 246,229,315 (6.425% of total issued shares) to 249,329,315 (6.505% of total issued shares) as of November 25, 2025. The decision to purchase these shares was made by the company's board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The average purchase price was USD 0.583 per share. There are 133,930,068 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

1. Disclosure: Post share buyback announcement

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Al Salam Bank B.S.C
Disclosure: Press release

ONE App, developed by Al Salam Bank, received the "Best Project for Digital Transformation" award at the 2025 eGovernment Excellence Awards in Bahrain. The app has been recognized for its role in advancing digital transformation in Bahrain's financial sector. Since its launch, ONE App has established itself as a comprehensive digital banking platform, integrating banking services, financial planning, investments, and lifestyle features into one interface. It uses artificial intelligence and cloud computing, along with over 400 APIs and open banking technologies, to provide a personalized financial experience. Within five months of its release, the app achieved over 50,000 downloads and processed more than 100,000 digital financing applications. Haitham Al Haddad, General Manager of ONE App, highlighted the app's role in redefining financial services and expressed pride in the award, attributing it to the team's efforts. The award also highlights Al Salam Bank's leadership in financial innovation and its commitment to sustainable digital transformation.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Results of Board Decisions by Passing

On November 24, 2025, the Board of Directors of the Islamic Arab Insurance Company (SALAMA) passed resolutions by circulation, pending regulatory approvals from the UAE Central Bank and the Securities & Commodities Authority. The resolutions include approving documents related to the company's capital reduction and initially approving draft documents for a Mandatory Convertible Sukuk transaction, subject to final approvals from the relevant authorities and a final Fatwa from external and internal advisors.

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: BOD meeting

The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Thursday, 27 November 2025, at 10:00 am. The agenda includes appointing a new Board member to fill a vacant seat, appointing a Chairman and Vice Chairman, and, subject to approval from the Securities and Commodities Authority, considering calling a general assembly meeting. The meeting will discuss approving a stock split by reducing the nominal value of shares without affecting the company's total issued share capital and changing the company's name through special resolutions.

1. Disclosure: BOD meeting

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