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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: BOD meeting

Agility Public Warehousing Company has scheduled a board of directors meeting for Thursday, April 17, 2025, at 1:00 PM Kuwait Time. The agenda includes reviewing applications for board nominations and discussing a proposal for capital reduction. This information was communicated by Tarek Abdulaziz Sultan Al Essa, Vice Chairman & CEO, to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.

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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Notification from the company

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Dubai Financial Market News

News Update From AJMAN BANK PJSC

Disclosure: BOD meeting

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Dubai Financial Market News

News Update From Ithmaar Holding B.S.C

Disclosure: Update on the Progress of the Discussions with GFH Financial Group to Acquire Ithmaar’s Financing and Investment Portfolios

Ithmaar Holding B.S.C. announced that it has mutually agreed with GFH Financial Group B.S.C. to terminate discussions regarding the acquisition of Ithmaar's financing and investment portfolios. This decision follows preliminary due diligence and discussions, as the requirements for the execution of the acquisition were not met. There is no expected financial impact from this termination.

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Dubai Financial Market News

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

Disclosure: Update on the Progress of the Discussion to Acquire Ithmaar’s Financing and Investment Portfolios

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have mutually agreed to terminate discussions regarding the acquisition of Ithmaar’s financing and investment portfolios. This decision follows preliminary due diligence and discussions, as the requirements for completing the acquisition were not met. There is no expected financial impact from this termination. Previous related disclosures were made on several dates in 2024, detailing the progress of these discussions. The announcement was made by Mariam Jowhary, Head of Compliance and AML at GFH.

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Dubai Financial Market News

News Update From AMANAT HOLDINGS PJSC

Disclosure: Results of Board Decisions by Passing

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Dubai Financial Market News

News Update From Emirates Investment Bank PJSC

Disclosure: Nominees for Board of Directors membership

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Dubai Financial Market News

News Update From National Industries Group Holding (S.A.K.)

Disclosure: Notification from the company-Disciplinary Board Decision

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Notification from the company

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, announced the activation of its capital increase on the Dubai Financial Market. The capital increase was activated on April 11, 2025, after trading hours, with trading on the new shares starting on April 14, 2025. The previous capital was AED 2,535,720,000, which increased by 44.3% to AED 3,659,022,945. There is a 14-month trading restriction on the new shares, ending on May 27, 2026. The announcement was addressed to Hamid Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, the Chief Compliance Officer.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of NGI is being held on 14/04/2025

The Board of Directors of National General Insurance Company (PJSC) invites shareholders to the Annual General Assembly Meeting on April 14, 2025, at 4:00 PM, both in person at the company's head office in Deira, Dubai, and electronically. The agenda includes authorizing the chairman to appoint a meeting secretary and vote collector, reviewing and approving reports on the company's activities, financial position, auditor's report, balance sheet, and profit and loss account for the fiscal year ending December 31, 2024. It also involves discussing dividend distribution of 45% (equivalent to AED 74,227,285), board remuneration, discharging or holding the Board and auditors accountable, appointing auditors for 2024, approving the Corporate Social Responsibility Policy, disclosing related party transactions, and electing Board members. Special decisions include amending the Articles of Association to comply with new regulations and allocating up to 0.5% of the company's net annual profits for voluntary contributions in 2025 per the corporate social responsibility policy.

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