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Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Sukoon Insurance PJSC
Disclosure: Press release

Sukoon Insurance, celebrating its 50th anniversary, anticipates that medical and motor insurance lines will drive sector growth in the UAE in 2026, supported by economic momentum, population growth, and digital transformation. Interim CEO and CFO Hammad Khan highlighted the impact of digitalization, AI, and stricter regulations on compliance costs and industry consolidation. The demand for property, casualty, and cyber insurance is rising, while the expatriate population boosts interest in life, savings, and pension products. The UAE insurance market is expected to grow by 10-15% in 2026, following a 15-20% growth in 2025. Sukoon, with AED 5.41 billion in revenue and AED 10.43 billion in assets, holds strong credit ratings and has launched commemorative initiatives for its anniversary. Looking forward, Sukoon aims to lead the digital transformation of the UAE insurance sector by offering innovative solutions and maintaining customer trust.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Dubai Financial Market PJSC
DFM News: Futures contracts – Expiry Settlement Prices

The Dubai Financial Market (DFM) has issued the expiry settlement prices for equity futures contracts expiring in December 2025. The announcement, dated 18 December 2025, lists the settlement prices for various contracts, including AIRARB at 4.780 AED, ANSRI at 0.996 AED, and EMAAR at 14.100 AED, among others. The full list of prices and contract details is available on the DFM website. The document notes that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on UFC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From United Foods Company (PSC)
Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Dubai Insurance Co , PSC
Disclosure: BOD meeting

Dubai Insurance Company has scheduled a Board of Directors meeting on Tuesday, December 23, 2025, at 11:00 AM at the company's headquarters. The agenda includes ratifying the minutes of the previous board meeting and reviewing and discussing ordinary business matters. The notice is signed by Sahem Abdel Haq, the Head of Legal.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From TECOM GROUP P.J.S.C.
Disclosure: Press release

TECOM Group has launched Phase 4 of its Innovation Hub in Dubai Internet City, a development valued at AED 615 million. This expansion responds to the growing demand for Grade-A office spaces from multinational companies in future-focused economic sectors. The project aligns with the UAE's Digital Economy Strategy and Dubai Economic Agenda D33, bringing TECOM's total investment in the Innovation Hub to AED 2 billion. The new phase, with a gross leasable area of 263,000 sq. ft., aims to strengthen TECOM's portfolio and provide sustainable value for shareholders. The previous phases, including the fully leased Phase 3, have been successful, with tenants such as Google and Gartner. The completion of Phase 4 in 2028 will enhance TECOM's ability to serve technology clients amid increasing demand for premium office spaces.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on UFC shares starting from 12:00 PM as its BOD meeting is being held today, 18-12-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on GULFNAV shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting

The Board of Directors of Gulf Navigation Holding PJSC held a meeting on December 17, 2025. During the meeting, the following resolutions were made: His Excellency Suhail Al Mazrouei relinquished his position as Vice Chairman and Board member, and was appointed as Chairman of the Board. Mr. Rasool Alameri was appointed as Vice Chairman, with these appointments subject to confirmation or further review. Mr. Saif Ibrahim Ahmad Alhazaimeh was appointed as acting CEO of the Company. Additionally, the appointment of Mr. Jimmy Rashed was revoked.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
10 days ago
News Update From Takaful Emarat (PSC)
Disclosure: Results of BOD Meeting

The Board of Directors meeting for Takaful Emarat Insurance PSC took place on Wednesday, 17 December 2025, from 4:00 PM to 5:00 PM. Five board members were present, achieving a quorum of 71%. The meeting included discussions on business updates and other matters. The authorized signatory for the meeting's decisions and resolutions was Adnan Sabalaaish, the Chief Executive Officer.

1. Attached Document

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