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Dubai Investments, through its subsidiary Dubai Investment Real Estate, has announced the launch of Al Vista, a mixed-use development in Meydan Horizon, Dubai, valued at AED 1.3 billion. Al Vista will feature a 39-storey residential tower with 312 apartments and a 19-storey commercial tower offering 120,000 sq. ft. of office space. The development aims to integrate residential, commercial, and retail spaces, offering amenities such as an infinity pool, gymnasium, and landscaped podiums. The project is designed to provide a modern urban living experience with direct access to major transport routes and is scheduled for completion in December 2027.
The document outlines the margin parameters for DFM Futures, effective November 10, 2025. It lists various underlying symbols, their base margin percentages, and the margin per contract in AED or USD, along with the spread margin per contract. The margin percentages range from 5% to 12% depending on the symbol. The methodology for margin calculation is detailed in the Derivatives Clearing Guidelines and Procedures, which can be accessed online. The announcement is available on the Dubai Financial Market website, and the information is subject to change. It is noted that this document does not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation, which will prevail in case of discrepancies.
Al Salam Bank in Bahrain has announced that it will double the number of winners in its December prize draw to 100, up from 50 in November. This initiative is part of the bank's ongoing financing rewards campaign, which aims to recognize client commitment and enhance engagement with the bank's services. Winners will have their financing installments paid for three months, subject to the campaign's terms and conditions. The campaign targets clients with personal, auto, or property financing, including those in social housing programs, who meet certain eligibility criteria. This effort is part of a series of monthly prizes offered by the bank to provide meaningful rewards and ease financial burdens for clients. The campaign began with four winners in its first month and expanded to 50 in the second month. The bank's Chief Retail Banking Officer, Mr. Mohammed Buhijji, emphasized the bank's commitment to supporting clients and addressing their financial needs through tangible rewards.
The TECOM Group PJSC Board of Directors is scheduled to meet on Thursday, December 11, 2025, at 3:00 PM. The meeting will focus on discussing and approving the business plan and budget for 2026-2030, as well as addressing regular matters and any other business. The disclosure of this meeting is addressed to Mr. Hamed Ali, CEO of the Dubai Financial Market, and a copy is sent to the Securities and Commodities Authority.
The Islamic Arab Insurance Company (Salama) is in the process of obtaining necessary approvals from the Securities and Commodities Authority (SCA) for a planned capital reduction. Once these approvals are secured, Salama will announce the relevant record date, last entitlement date, and effective date for the capital reduction. The company is committed to keeping shareholders informed of any significant developments in accordance with disclosure requirements.