Latest Threads on News from companies
Threads on regulatory news from companies
Dubai Investments Park (DIP) Angola, developed by Dubai Investments, has signed a deal with UAE-based Reportage Group for the acquisition of two land plots totaling 10,764,000 sq. ft. in Angola. This land will be used to develop two large-scale gated residential communities with an estimated investment of AED 1.8 billion (USD 500 million). The agreement was signed by Omar Al Mesmar of Dubai Investments International Angola LDA and Andrea Nucera of Reportage Group. The project aims to establish DIP Angola as a premier residential destination, attracting high-caliber developers. The development will feature a luxury ocean-facing community with a boutique hotel and villas, and a hilltop community with townhouses. Construction is set to begin in June 2026, with phased handovers starting in Q4 2029 and full completion by Q4 2030. Emirates Limited Investment and Development Company, a partner of Reportage Group, will oversee the construction. Andrea Nucera highlighted the project's significance in Reportage Group's international expansion and Angola's growth potential.
The document outlines the margin parameters for DFM Futures, effective from November 10, 2025. It lists various underlying symbols, specifying the base margin percentage, currency, base margin per contract, and spread margin per contract for each. The margin percentages range from 5% to 12%, with currencies in AED and USD. For further details on margin calculation and eligible margin types, the Derivatives Clearing Guidelines and Procedures can be referred to on the Dubai Clear website. The announcement is also available on the Dubai Financial Market's website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of inconsistencies.
On 10 November 2025, Amlak Finance PJSC announced it has entered into a definitive agreement to partially sell its financing contracts to a UAE Central Bank-regulated entity for an initial purchase price of AED 93 million. The sale's completion is contingent upon approval from the Central Bank of the UAE and other conditions. The transaction is expected to negatively impact the company's profit and loss account and retained earnings by AED 20 million, with the financial impact appearing in Q4 2025 or Q1 2026. The announcement was authorized by Lama Takieddin, Head of Governance and Board Secretary.
The Board of Directors of Salik Company PJSC is scheduled to meet on Thursday, 13 November 2025, at 8:00 AM. The agenda includes the approval and disclosure of the interim financial statements for the three-month and nine-month periods ended 30 September 2025, as well as a review of regular business matters.
The Investor Relations Department at Salik Company PJSC will hold an analyst conference on Thursday, November 13, 2025, at 3:00 PM. The conference will discuss the interim reviewed financial statements for the three-month and nine-month periods ending September 30, 2025. The presentation will be available on the company's website on the day of the meeting. The message is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Ibrahim Sultan Al Haddad, CEO of Salik.