Latest Threads on News from companies

Al Salam Bank has introduced a "Weekend Offer on talabat," providing cardholders with up to a 30% discount (capped at BD 3) on talabat orders every weekend from 20 November 2025 to 10 January 2026. The offer applies to orders of BD 3 or more, with one redemption per account holder each weekend from Thursday to Saturday. This initiative, in partnership with talabat, is the first of its kind in Bahrain and aims to enhance customer value and convenience. Mohammed Buhijji of Al Salam Bank and Moaiad Aqel of talabat Bahrain expressed their enthusiasm for the collaboration, emphasizing their commitment to delivering valuable experiences. The offer is part of Al Salam Bank's strategy to enhance cardholder engagement and loyalty through unique promotions. Clients can enjoy discounts and earn points through the Bank's Rewards Program by using their Al Salam Bank Visa cards. For more information, visit the Bank's website or contact them via WhatsApp.

Nasdaq Dubai has listed a USD 500 million Sukuk issued by ICDPS Sukuk Limited, guaranteed by the Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group. This five-year Sukuk, rated A2 by Moody’s, A by S&P, and A+ by Fitch, was priced at 65 basis points over U.S. Treasuries with a profit rate of 4.391% and attracted strong investor demand, with order books exceeding USD 2 billion. The issuance is part of ICD's Trust Certificate Issuance Programme and is managed by several banks, including HSBC and Standard Chartered. This listing brings the total value of ICD's Sukuk on Nasdaq Dubai to USD 1 billion and contributes to the exchange's total outstanding Sukuk value of USD 102 billion. The funds raised will support private sector growth in ICD's member countries. Both ICD and Nasdaq Dubai highlighted the strong investor confidence and the strategic importance of this listing in expanding Islamic capital markets.

The document is a formal communication dated 20 November 2025, addressed to H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ali, CEO of the Dubai Financial Market. It concerns the list of nominees for the Board of Directors of Taaleem Holdings PJSC. The nomination period concluded on 14 November 2025, and the attached list includes nominees who will be elected by the shareholders at the company's general assembly meeting scheduled for 26 November 2025. The nominees listed are Mr. Khalid Ahmed Humaid Matar Altayer and Mr. Adel Mohammed Saleh Alzarouni, both of whom are nominated as Independent and Non-Executive members.

A new contract series for Oman Crude Oil Futures, specifically the January 2027 series, will be available for trading starting November 24, 2025. The contract, identified by the ISIN OIL231126001 and symbol OMOILF27, will be listed on the Dubai Financial Market and will be delisted on November 23, 2026. Further details and updates can be found on the Dubai Financial Market's website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

The Islamic Arab Insurance Company (SALAMA) will have its Board of Directors pass a resolution by circulation on November 24, 2025. The resolution will pertain to the reduction of share capital, the upcoming issuance of mandatory Convertible Sukuk (MCS), and general business-related matters of the company. This information was communicated by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.

GFH Financial Group B.S.C. announced the purchase of 9,470,411 treasury shares, increasing its treasury shares from 225,918,904 (5.895% of total issued shares) to 235,389,315 (6.142% of total issued shares) as of November 19, 2025. The decision to purchase was made by the board on March 2, 2025, and approved by the authority on October 20, 2025. The average purchase price was USD 0.578, representing 0.247% of the issued capital. There are 147,870,068 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.