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The letter, dated 13 February 2026, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, from Lama Takieddin, the Head of Corporate Governance and Board Secretary of Amlak Finance PJSC. It serves as a notification that the Board of Directors of Amlak Finance PJSC will consider a resolution by circulation on Wednesday, 18 February 2026, at 3:00 pm. This resolution pertains to the adoption of the financial statements for the year ending 31 December 2025. A copy of the letter is also sent to the Capital Market Authority.
The text refers to the consolidated financial statements of Air Arabia PJSC and its subsidiaries for the fiscal year ending on December 31, 2025.
Nasdaq Dubai has announced the secondary listing of a USD 150 million bond issued by United Terra Enterprises PLC, an energy company involved in both conventional and renewable projects. This marks United Terra's first listing on the exchange. The bonds, which mature in September 2030 and have an interest rate of 11.5% per annum, are also listed on the Frankfurt Stock Exchange, providing international investor access. The listing ceremony was attended by Peter Krempin, CEO of United Terra, and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market. Krempin highlighted the listing as a significant milestone for enhancing the company's visibility in global financial markets. Hamed Ali noted the continued interest from international issuers in Nasdaq Dubai's debt capital markets. With this listing, the total outstanding value of debt securities on Nasdaq Dubai now exceeds USD 146.9 billion, reinforcing its status as a key international hub for fixed income listings.
Al Ansari Financial Services reported a strong financial performance for FY2025, with a 12% increase in operating income to AED 1.29 billion and a 10% rise in EBITDA to AED 563 million. The EBITDA margin improved to 44% due to better operating efficiency. Net profit after tax was AED 401 million, showing a slight 1% decline from the previous year. The growth was driven by solid performance across business lines and the consolidation of BFC Group. Despite challenges such as geopolitical issues and increased costs from regulatory requirements and expansion strategies, the company maintained its market leadership and demonstrated resilience.