Latest Threads on News from companies
Threads on regulatory news from companies
Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. On September 26, 2025, the company's Board of Directors passed a resolution by circulation, approving the mid-year underwriting performance report and pricing report as of June 30, 2025. The communication was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and was copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi.
The weekly trading summary for DFM Regulated Short Sell Transactions from September 22 to September 26, 2025, reports that there were no RSS trades during this period. For more information on RSS, individuals can refer to the DFM Market Rules available on their website. The announcement is also accessible on the DFM website. A disclaimer notes that the information is subject to change and is provided "as is," with DFM not liable for any losses incurred from its use.
On September 19, 2025, Ms. Huda Essa Abdulla Buhumaid, an independent, non-executive board member of Takaful Emarat Insurance PSC, resigned from the company's Board of Directors due to personal reasons. The resignation was officially accepted on the same day. The document was signed and sealed by Adnan Saba Elaish, the Chief Executive Officer, on September 25, 2025.
Deyaar Development PJSC has announced the final phase of the Park Five community in Dubai Production City, featuring the new Ivy and Alder projects. This phase includes 277 residential units with modern designs, aligning with the Dubai Urban Plan 2040 to enhance community living and sustainability. The Ivy project offers luxurious duplex units, studios, and one- and two-bedroom apartments, while Alder provides one-, two-, and three-bedroom apartments. Both projects offer amenities such as co-working spaces, dining options, a gym, swimming pools, play areas, barbecue spots, and rooftops for social interaction and relaxation. Saeed Mohammed Al Qatami, CEO of Deyaar, emphasized the project's role in meeting the demand for diverse housing options and promoting a high quality of life.