Latest Threads on News from companies

On 17 October 2025, Amanat Holdings PJSC issued a Board of Directors Resolution by circulation, approving the renewal of a related party transaction with Al Ramz Capital. This renewal, which maintains the same terms as those disclosed on 17 July 2024, involves the provision of liquidity provider services and is valid until 18 October 2026, with an option for automatic renewal. The resolution also covers other ordinary business matters. The notification was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority.

The Dubai Financial Market (DFM) issued a weekly summary for Regulated Short Sell (RSS) transactions for the period from October 13 to October 17, 2025. During this period, no RSS trades were conducted. For more information on RSS, individuals can refer to the DFM Market Rules and Operational Model available on the DFM website. The announcement is also accessible on the DFM's market announcements page. A disclaimer notes that the information is subject to change and DFM is not liable for any losses resulting from the use of this information.

SHUAA Capital p.s.c. is a financial investment company based in Dubai, United Arab Emirates, located at The H Hotel Dubai, Office Tower, Level 15. It is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's contact details include a telephone number, fax number, email, and website. On October 17, 2025, the Board of Directors of SHUAA Capital approved resolutions by circulation concerning customary business-related matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, the Chief Compliance Officer.

Date: 17 October 2025 Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market, is informed about the upcoming Earnings Call Meeting of Emirates NBD Bank, scheduled for Thursday, 23 October 2025, at 2:00 PM. The meeting will discuss the financial results for the third quarter, which ended on 30 September 2025. Further details can be found on Emirates NBD's Investor Relations website. The letter is from Dr. Ahmed Saeed Alkhalfawi, Group Company Secretary of Emirates NBD Bank, with a copy sent to the Securities & Commodities Authority.

Salama, a leading Takaful provider in the UAE, announced that its shareholders have approved a capital restructuring plan aimed at strengthening its solvency and regulatory capital position. During a General Assembly on October 16, 2025, shareholders agreed to a capital reduction to offset losses and cancel treasury shares. Following regulatory approval, Salama plans to issue up to AED 175 million in Mandatory Convertible Sukuk to select strategic investors through a special purpose vehicle. This move is intended to reinforce Salama’s financial position in compliance with the Central Bank of the UAE's requirements. The plan reflects strong market confidence in Salama's fundamentals and long-term stability. Salama reported a 5.2% increase in total equity and a net profit of AED 8.25 million in the first half of 2025. S&P Global Ratings affirmed Salama's long-term issuer credit and insurer financial strength rating at ‘BBB-’ with a Developing outlook, citing improving fundamentals and capital position.

On 17 October 2025, a letter addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, was sent from Emirates NBD Bank. The letter informs him of a scheduled Board of Directors meeting on 22 October 2025 at 3:30 PM. The meeting's agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending 30 September 2025, and discussing regular business activities. The letter is signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, with a copy sent to the Securities & Commodities Authority.

The Board of Directors of Emirates Islamic Bank (P.J.S.C) is scheduled to meet on Wednesday, 22 October 2025, at 3:00 pm. The agenda includes approving the minutes from the previous board meeting, approving the financial results for the three-month period ending on 30 September 2025, and discussing normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and is signed by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank (P.J.S.C). A copy of the letter is also sent to the Securities & Commodities Authority.