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Takaful Emarat Insurance PSC has announced the opening of nominations for its Board of Directors. The nomination period runs from April 9 to April 18, 2025. Eligible individuals or shareholders can apply by submitting an application to the company's management at its Dubai headquarters or via email. The application must include a brief profile and specify the category of membership sought. Two board members will be elected, and candidates must meet specific legal and company requirements. Applications must include necessary documents, and once the nomination period ends, candidates cannot transfer their candidacy. The company will publish the candidates' details on April 27, 2025, and submit the list to relevant authorities.

Takaful Emarat Insurance PJSC's Board of Directors invites shareholders to the company's annual general assembly meeting. The meeting will be held physically at Hassanicore Tower in Dubai and electronically on April 30, 2025, at 2:00 PM. The agenda includes reviewing and approving the Board of Directors' report, the Auditor’s report, the Internal Shariah Supervisory Board’s report, the company's balance sheet, and the profit and loss account for the year ending December 31, 2024. Additionally, the meeting will cover the appointment of members to the Internal Shariah Supervisory Committee and ratification of new Board members who replaced those who resigned. The Board will also recommend not distributing dividends to shareholders and discharge Board members from liability for the year ending December 31, 2024.

The Dubai Financial Market's CEO, Mr. Hamed Ahmed Ali, has been notified that the Board of Directors of Dubai Taxi Company P.J.S.C. will issue a Board Resolution by circulation on April 10, 2025. This resolution will address internal matters related to the company's business operations. The notification was sent by Vicken Khochafian, the Board Secretary and Governance Director, with a copy also sent to the Securities and Commodities Authority.

The document outlines the financial situation of Takaful Emarat – Insurance (PSC) as of April 8, 2025, in accordance with the SCA Board of Directors’ Decision No. (32/R.M.) of 2019. This decision requires companies with accumulated losses of 20% or more of their paid-up capital to comply with specific procedures. For the year 2024, Takaful Emarat reported accumulated losses of AED 43,289,000, representing 20.6% of its paid-up capital. The losses began in 2019 due to higher-than-expected medical claims and lower investment returns, compounded by a merger and acquisition project, asset revaluation, and restated financial statements from 2020 to 2022. To address these losses, the company reduced its accumulated losses by setting off against share capital amounting to AED 124.3 million and issued 185 million ordinary shares through a rights issue in late 2024. This resulted in a positive shift in shareholders' equity from a deficit of AED 39.7 million in 2023 to equity of AED 163.2 million in 2024. The company also implemented a business plan aimed at writing profitable business and adopted new investment strategies, achieving a net investment income of AED 32 million in 2024, a 106% increase from 2023. Furthermore, Takaful revenue grew by 84% to AED 420 million compared to the previous year.

GFH Financial Group announced the purchase of 2,440,000 treasury shares, increasing its total treasury shares from 179,327,200 (4.68% of total issued shares) to 181,767,200 (4.74% of total issued shares) as of April 8, 2025. The board of directors made the purchase decision on March 24, 2025, and the relevant authority approved it on February 16, 2025. The average purchase price was 0.2853 USD per share. The number of shares remaining for potential purchase is 201,492,183. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The document outlines the margin parameters for various futures contracts on the Dubai Financial Market (DFM), effective from April 9, 2025. It lists the base margin percentages, currencies, base margin per contract, and spread margin per contract for different underlying symbols such as AIRARABIA, AlANSARI, ARMX, and others. The margin percentages range from 5% to 10%, with contracts priced in AED and USD. Further details on margin calculation and eligible margins are provided in the Derivatives Clearing Guidelines and Procedures, accessible via a specified link. The announcement is also available on the DFM website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistency.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, announced the activation of an increase in its capital following the approval from its general assembly meeting on February 17, 2025. This increase results from the mandatory conversion of bonds into shares. The company has completed all requirements for the capital increase from the regulatory authority. The activation date for the capital increase on the Dubai Financial Market is April 11, 2025, after trading hours, and trading on the new shares will begin on April 14, 2025. The capital will increase from AED 2,535,720,000 to AED 3,659,022,945, marking a 44.3% increase.