Latest Threads on News from companies

GFH Financial Group B.S.C. announced that it has purchased 2,227,017 treasury shares, increasing its total treasury shares from 266,980,117 (6.966% of the total issued shares) to 269,207,134 (7.024% of the total issued shares) as of December 19, 2025. The decision to make this purchase was taken at a board meeting on March 2, 2025, and received approval from the relevant authority on October 20, 2025. The average purchase price was USD 0.621 per share, and the purchased shares represent 0.058% of the issued capital. There are 114,052,249 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The weekly summary for DFM Regulated Short Sell Transactions from December 15 to December 19, 2025, indicates that there were no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and the Operational Model and Procedures available on the DFM website. The announcement is also accessible on the DFM website. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the information provided.

Gulf Navigation Holding PJSC has appointed a new Chairman, who expressed confidence in the company's financial health and strategic direction. The company has recently acquired Brooge Energy Limited's assets in Fujairah, valued at approximately AED 3.2 billion. This acquisition was financed through a combination of cash and shares, including a AED 460 million cash payment funded by a AED 500 million capital increase. The remaining amount was settled through shares and mandatory convertible bonds issued to Brooge shareholders. After converting these bonds into equity, Gulf Navigation's share capital is expected to increase to about AED 3.5 billion, strengthening its financial position. The acquisition adds high-quality, income-generating assets to the company's portfolio, enhancing its energy infrastructure capabilities.

A notification has been issued regarding a meeting of the Board of Directors of Amanat Holdings PJSC. The meeting is scheduled for Tuesday, December 23, 2025, at 5:00 PM. The agenda includes discussing ordinary administrative matters and any other business that may arise. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. The letter is signed by Tessa Lee from Amanat Holdings PJSC.

On December 18, 2025, Amlak Finance PJSC announced the completion of a sale involving 7 labor camps and 9 plots in Al Khawaneej Labour City, Dubai, for AED 190 million to a UAE-based construction company. The transfer and handover of these assets were completed as per the agreed contractual terms. This transaction is expected to result in a gain of AED 0.8 million for Amlak Finance, which will be reflected in the company's financial results for the fourth quarter of 2025. The announcement was made by Lama Takieddin, Head of Governance and Board Secretary.

GFH Financial Group B.S.C. announced the purchase of 2,932,926 treasury shares, increasing its total treasury shares from 264,047,191 (6.890% of total issued shares) to 266,980,117 (6.966% of total issued shares) as of December 18, 2025. The decision to purchase was made by the board of directors on March 2, 2025, and approved by the relevant authority on October 20, 2025. The average purchase price was USD 0.620 per share, representing 0.077% of the issued capital. There are 116,279,266 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.