Latest Threads on News from companies

SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, announced a postponement of its Board of Directors' resolutions, which were intended to be passed by circulation. A new date for these resolutions will be determined and disclosed in due course, following applicable rules. The announcement was addressed to the CEO of the Dubai Financial Market, Mr. Hamed Ahmed Ali, and signed by Islam Mahrous, the Chief Compliance Officer.

GFH Financial Group has announced the acquisition of 3,031,500 treasury shares, increasing its total treasury shares from 330,716,376 (8.629% of total issued shares) to 333,747,876 (8.708% of total issued shares) as of January 6, 2026. The company's board of directors decided on this purchase on March 2, 2025, and it received approval from the relevant authority on October 20, 2025. The average purchase price was 0.616, and the shares purchased represent 0.079% of the issued capital. There are 49,511,507 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The Board of Directors of Air Arabia held a meeting, as previously announced, during which they approved the budget for the year 2026.

Deyaar Development PJSC has commenced construction on DWTN Residences, a new residential project in Dubai. This development aims to redefine urban living with over 522 units, including apartments, duplexes, penthouses, and a Royal Palace. The project features more than 75,000 square feet of amenities, creating a self-sustained vertical community. Deyaar's CEO, Saeed Mohammed Al Qatami, emphasized the company's commitment to innovation, quality, and community-centric developments that prioritize sustainability. DWTN Residences is intended to enhance Dubai's skyline and provide lasting value to residents and investors, setting a new standard for luxury living in the city.

GFH Financial Group announced that it has purchased 2,840,000 treasury shares, increasing its total treasury shares from 327,876,376 (8.555% of total issued shares) to 330,716,376 (8.629% of total issued shares) as of January 5, 2026. The decision to purchase was made by the board of directors on March 2, 2025, and received authority approval on October 20, 2025. The average purchase price was 0.618, representing 0.074% of the issued capital. There are 52,543,007 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.