Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
GFH Financial Group has announced the acquisition of 9,890,113 of its own shares (treasury shares) as of May 31, 2024. This purchase increases their total treasury shares from 199,863,664 (5.21% of the total issued shares) to 209,753,777 (5.47% of the total issued shares). The decision was made by the board of directors on March 24, 2024, and approved by the relevant authority on May 29, 2024. The average purchase price was 0.3050 USD per share. There are 173,505,606 shares remaining available for purchase. Mariam Jowhary, Head of Compliance & AML, signed the announcement.
**DFM Regulated Short Sell – Weekly Summary (27 May 2024 to 31 May 2024)** **Date of Issue: 31 May 2024** There were no Regulated Short Sell (RSS) trades during the period from 27 May 2024 to 31 May 2024. For more information on RSS, please refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. This announcement can also be accessed on the DFM website. *Disclaimer: The information provided is subject to change and is available on an "as is" basis. DFM is not liable for any direct, indirect, special, or consequential loss resulting from the use of the data and content in this document.*
Al Ramz Capital LLC, based in Dubai, has been appointed as a liquidity provider for Al Ansari Financial Services, a leading financial services group listed on the Dubai Financial Market (DFM). This appointment will allow Al Ramz to independently trade Al Ansari shares, optimizing share trading by enriching the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Al Ramz, with over 25 years of experience in UAE capital markets, is recognized for its market-making services on the DFM, Abu Dhabi Securities Exchange (ADX), and Nasdaq Dubai. CEO Karim Schoeib emphasized their commitment to upholding high standards of governance and transparency while enhancing trading conditions. Founded in 1998, Al Ramz offers a wide range of financial services and is regulated by the UAE Securities and Commodities Authority and the Dubai Financial Services Authority.