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Gulf Navigation Holding PJSC has completed the acquisition of all assets of Brooge Energy Limited, marking a significant step in its strategic expansion and transformation. This acquisition enhances Gulf Navigation's position as a comprehensive provider of maritime services and energy infrastructure solutions in a key global hub for oil storage and trading. The integration of Brooge's advanced storage and blending assets allows Gulf Navigation to offer comprehensive logistics and energy solutions in the region. As part of the acquisition, Gulf Navigation increased its share capital and issued convertible bonds to Brooge's shareholders, with expectations for further capital growth. Gulf Navigation CEO Ahmed Al Kilani emphasized the acquisition's role in advancing the company's energy logistics platform, while Brooge CEO Saif Al-Hazaymeh highlighted the potential for operational integration and future projects, including a new refinery in Fujairah.
Al Salam Bank B.S.C invites its shareholders to an Extraordinary General Meeting on Thursday, 27 November 2025, at 11:00 a.m. at Al Sarra Ballroom, Royal Saray Hotel, Seef District, Bahrain. If a quorum is not met, subsequent meetings are scheduled for 4 December and 11 December 2025 at the same location and time. The agenda includes ratifying previous meeting minutes, approving amendments to the Bank's Articles of Association, and authorizing specific individuals to formalize these changes. Shareholders can attend personally or appoint a proxy, who cannot be a director or employee of the Bank unless they are a first-degree relative. Proxy forms are available on the Bank's and Bahrain Bourse's websites and must be submitted 24 hours before the meeting. Institutional shareholders must provide a stamped proxy form. Further details and documents are accessible online, and inquiries can be directed to the Investor Relations Department.
The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on Wednesday, November 26, 2025, at 3:00 pm at the company's headquarters. The meeting achieved quorum, and the board discussed and approved the company's budget for the fiscal year 2026, along with other operational and internal matters. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority.
A Board of Directors meeting for Taaleem Holdings PJSC is scheduled for Friday, November 28, 2025, at 4:30 PM at the company's office. The agenda includes electing the Chairman and Vice Chairman of the Board, appointing the Board's committees, and confirming the appointment of the Board Secretary. The notice is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Alan Williamson, CEO of Taaleem Holdings PJSC. A copy of the notice is also sent to the Securities and Commodities Authority.
The Annual General Assembly meeting of Taaleem Holdings PJSC was held on 26 November 2025 both physically in Dubai and electronically. During the meeting, all items on the agenda were discussed, and the following resolutions were approved: the Board of Directors' report on the company's activities and financial position for the fiscal year ending 31 August 2025; the auditor's report for the same period; the company's balance sheet and profit and loss statements; a cash dividend distribution of AED 150,000,000 (AED 0.15 per share, representing 15% of the company's paid-up share capital); and the Board of Directors' remuneration for the period from 1 September 2024 to 31 August 2025, totaling AED 5,250,000.
GFH Financial Group announced that it has purchased 3,199,564 treasury shares, increasing its total treasury shares from 249,329,315 (6.505% of total issued shares) to 252,528,879 (6.572% of total issued shares) as of November 26, 2025. The board of directors decided on this purchase on March 2, 2025, and it was approved by the relevant authority on October 20, 2025. The purchase was completed on November 26, 2025, with an average purchase price of USD 0.583 per share. The number of shares remaining for purchase is 130,730,504. The announcement was made by Mariam Jowhary, Head of Compliance & AML.