Latest Threads on News from companies

On 14 October 2025, a notification was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, by Amanat Holdings PJSC. The letter informed him that the company's Board of Directors would consider a resolution by circulation on 17 October 2025. This resolution pertains to the renewal of a related party transaction with the existing liquidity services provider, maintaining the same terms as previously disclosed on 17 July 2024. The board will also address administrative and other business matters. The communication was signed by Tessa Lee and a copy was sent to the Securities and Commodities Authority.

On 14 October 2025, a Board of Directors meeting for Takaful Emarat Insurance PSC took place from 3:00 PM to 5:00 PM. The meeting was attended by five board members, achieving a quorum of 71%. During the meeting, business updates and other matters were discussed. The authorized signatory for the meeting was Adnan Sabalaaish, the Chief Executive Officer.

SHUAA Capital p.s.c., a financial investment company based in Dubai, UAE, has announced the resignation of its Chief Risk Officer, Mr. Dominik Piotr, due to personal reasons. Mr. Piotr will remain with the company until the end of his notice period at the end of the current month to provide support and ensure business continuity. The notification was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, Chief Compliance Officer. SHUAA Capital is licensed and regulated by the UAE Securities and Commodities Authority.

SHUAA Capital p.s.c. is a financial investment company based in Dubai, United Arab Emirates, licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's head office is located at The H Hotel Dubai, Office Tower, Level 15, Office No. 1502. For inquiries, they can be contacted via phone at +971 (4) 330-3600, fax at +971 (4) 330-3550, or email at info@shuaa.com. The company's website is www.shuaa.com. On October 14, 2025, a communication was sent to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, informing him that the Board of Directors of SHUAA Capital will make business-related resolutions by circulation on October 17, 2025. The letter was signed by Islam Mahrous, Chief Compliance Officer.

Nasdaq Dubai has listed a CNY 1 billion (USD 140 million) bond issued by Emirates NBD under its USD 20 billion Euro Medium Term Note (EMTN) Programme, with a 2.40% interest rate due in 2028. This marks Emirates NBD's return to the Dim Sum market, allowing access to renminbi-denominated bonds outside mainland China. The listing increases Emirates NBD's total debt instruments on Nasdaq Dubai to USD 5.4 billion across nine issuances. The event underscores Dubai's growing financial connections with Asian markets and its role as a global financial hub. Emirates NBD's Vice Chairman, Hesham Abdulla Al Qassim, and Nasdaq Dubai CEO, Hamed Ali, highlighted the strategic importance of this issuance and the exchange's role in facilitating global investment opportunities. The total value of debt securities on Nasdaq Dubai now stands at USD 140 billion.

Dubai Taxi Company (DTC) has formed a strategic partnership with Keeta, a subsidiary of China's Meituan, to advance last-mile delivery services in Dubai. The agreement, signed at GITEX in Dubai, aims to enhance delivery logistics, particularly in the e-commerce and quick-commerce sectors, aligning with DTC's growth strategy. Initially, DTC will deploy 150 delivery motorbikes, with plans to increase to 500 by the end of the year, projecting over AED 10 million in revenue in the first year. The partnership will also explore the integration of drones and autonomous vehicles into delivery operations. DTC's delivery segment saw significant growth, with Q2 2025 revenues rising 102% year-on-year to AED 18.2 million.