Latest Threads

A meeting of the Board of Directors of the Islamic Arab Insurance Company (SALAMA) was held on December 25, 2025. The Board approved the company's budget for 2026. Additionally, they decided to invite the General Assembly to discuss and approve related party transactions concerning the planned issuance of convertible sukuk, subject to approval from the Central Bank of the UAE and the Securities and Commodities Authority. This will occur after the company's capital reduction is completed, with the Chairman authorized to set the meeting's date and location.

The board of directors of Takaful Emarat Insurance PSC held a meeting on Thursday, December 25, 2025, 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 meeting was authorized by Adnan Sabalaaish, the Chief Executive Officer, whose signature and the company’s seal were documented.

GFH Financial Group announced the acquisition of 5,950,000 treasury shares, increasing its total treasury shares from 294,834,312 (7.693% of issued shares) to 300,784,312 (7.848% of issued shares) as of December 25, 2025. The decision to purchase was made during a board meeting on March 2, 2025, and approved by the relevant authority on October 20, 2025. The average purchase price was 0.621, and the shares purchased represent 0.155% of the issued capital. There are 82,475,071 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The document is an independent auditor's review report and condensed consolidated interim financial statements for Dubai Islamic Insurance & Reinsurance Company (AMAN) (P.J.S.C) for the nine-month period ending on September 30, 2025. The statements are unaudited.

Al Salam Bank has received the Mobile Excellence Award at the OutSystems ONE Executive Day UAE 2025 for its advanced mobile banking capabilities. This award highlights the bank's effective use of the OutSystems platform to enhance its mobile banking services, ensuring secure, reliable, and high-quality experiences for clients. The bank's mobile application offers features like instant account access, fund transfers, and real-time transaction tracking through a user-friendly interface. This achievement is part of Al Salam Bank's broader digital strategy, which emphasizes agile technology, data-driven decision-making, and continuous improvement. The bank is also fostering a Citizen Developer ecosystem to accelerate innovation and align digital capabilities with client needs. At the event, Mohammed AlShehabi, Head of Innovation, participated in a panel discussion on AI and low-code technologies in digital transformation.

The Dubai Financial Market has issued an announcement regarding the expiry settlement prices for Micro GME Oman Crude Oil Futures Contracts set to expire in December 2025. The contract series code is OMOIL G26, with a settlement price of 62.57 USD and a contract ID of OIL241225001. This information was released on December 24, 2025, and can be found on the Dubai Financial Market's website. The document includes a disclaimer noting that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.