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Threads on regulatory news from companies
The letter, dated August 7, 2025, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It clarifies a discrepancy in reported figures regarding the sale of plots in Ras Al Khor. News articles cited by Knight Frank mentioned a sale value exceeding AED 3 billion, but Amlak disclosed the agreed and executed sale price as AED 2.9 billion. The higher figure in the articles includes estimated registration fees, which were paid by the buyer directly to the Dubai Land Department. The letter is signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, and is copied to the Securities & Commodities Authority.
The document provides details on margin parameters for DFM Futures, effective from August 11, 2025. It lists various underlying symbols with their respective base margin percentages, currencies, and base margin per contract, along with spread margin per contract. The underlying symbols include AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The margin percentages range from 5% to 12%, with the currency being AED for most entries, except for OMOIL, which is in USD. Further details on margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. The announcement is also available on the Dubai Financial Market website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of inconsistencies.
Watania International Holding (PJSC) has scheduled a Board of Directors meeting for Tuesday, 12 August 2025, at 12:30 PM. The agenda includes reviewing and endorsing the financial statements for the second quarter ending on 30 June 2025, as well as routine business discussions. The notification is signed by Nawal Ma’ally, the Board Secretary, on 7 August 2025.
On August 6, 2025, a board meeting for Takaful Emarat Insurance PSC was held via MS Teams from 3:00 PM to 4:00 PM. The meeting was attended by four board members, achieving a quorum of 57%. During the meeting, the board approved the company's unaudited interim condensed consolidated financial statements for the second quarter ending June 30, 2025, and discussed business updates and other routine matters. The meeting details were authorized by Adnan Sabaalaish, the Acting Chief Executive Officer.
The document is a review report and interim condensed consolidated financial statements for Orient Insurance PJSC and its subsidiaries, dated 30 June 2025. The financial statements are unaudited.
