Latest Threads on News from companies
Threads on regulatory news from companies
The Commercial Bank of Dubai (P.S.C.) has scheduled an earnings call meeting to discuss its financial results for the quarter ending on June 30, 2025. The meeting will take place on Thursday, July 24, 2025, at 3:00 p.m. Further details can be found on the bank's investor relations website. The letter is addressed to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market, and is signed by Mr. Ahmed Ali Al Jaziri, the Board Secretary. A copy of the letter has been sent to the Securities and Commodities Authority.
Sukoon Insurance PJSC has scheduled a Board of Directors meeting on July 23, 2025, at 10:00 am at the Swissotel Al Ghurair in Deira, Dubai, with the option to attend via Teams video conferencing. The meeting agenda includes approving the financial statements for the second quarter of the fiscal year 2025, considering proposed changes to the Audit Committee and the Nomination and Remuneration Committee, and addressing general business matters. The notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, with a copy to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority. The letter is signed by Jean-Louis Laurent Josi, Chief Executive Officer of Sukoon Insurance PJSC.
The weekly summary for DFM Regulated Short Sell Transactions from July 14 to July 18, 2025, reports that Emirates NBD PJSC had a short sell trade volume of 2,005 and a trade value of AED 52,687. For more details on Regulated Short Selling, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. This announcement is available on the DFM website, and the information is subject to change. DFM is not liable for any losses resulting from the use of this document's data and content.
A consortium consisting of Air Arabia, Nesma Group, and KUN Holding has won the bid from the General Authority of Civil Aviation (GACA) to establish a new national low-cost airline based at King Fahd International Airport in Dammam. The airline aims to improve air connectivity for the Eastern Province, support the Kingdom's aviation sector growth, and contribute to economic development and job creation. The consortium plans to operate 24 domestic and 57 international destinations with 45 aircraft by 2030, serving approximately 10 million passengers. This initiative aligns with Saudi Vision 2030 and seeks to enhance tourism infrastructure and stimulate the local economy.
On 18 July 2025, Emirates NBD Bank announced that its Earnings Call Meeting will be held on Thursday, 24 July 2025, at 2:00 PM. The meeting will discuss the financial results for the second quarter ending on 30 June 2025. For more information, interested parties are directed to visit the Emirates NBD Investor Relations website. The communication was sent by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD, with a copy forwarded to the Securities & Commodities Authority.
On 18 July 2025, a letter was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding an upcoming Board of Directors meeting for Emirates Islamic Bank (P.J.S.C). The meeting is scheduled for 3:00 PM on Wednesday, 23 July 2025. The agenda includes approving the previous meeting's minutes, approving the financial results for the three-month period ending 30 June 2025, and discussing normal business activities. The letter is signed by Dr. Ahmed Saeed Alkhalfawi, Group Company Secretary of Emirates NBD Bank (P.J.S.C), and a copy is sent to the Securities & Commodities Authority.