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GFH Bank B.S.C. announced the successful closing of its "Power Systems Opportunities" investment fund, valued at US$63 million. This Sharia-compliant fund invests in critical electricity grid infrastructure in North America and Europe. The closing is expected to positively impact the Group's financials and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
A letter dated 15 October 2026, with reference number ENBD/GCS/2026/069, was sent to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter informs him that the Board of Directors of Emirates NBD Bank (P.J.S.C) will meet on Tuesday, 20 October 2026, at 3:30 PM. The main agenda items for the meeting include approving the previous Board of Directors meeting minutes, reviewing the Emirates NBD Group's consolidated financial statements for the quarter ending 30 September 2026 (available in both English and Arabic), and discussing normal business activities. The letter is signed by Dr. Ahmed Saeed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, and a copy is sent to the Securities & Commodities Authority.
The Dubai Financial Market (DFM) announced that it will adjust its Equity Futures Contracts for Dubai Electricity & Water Authority PJSC (DEWA) due to a cash dividend payment of AED 0.062 per share, effective October 15, 2026. The adjustment affects the DEWA futures contracts for October, November, and December 2026, as well as January 2027. The price adjustment involves an adjustment ratio of 0.977037, which will be applied to the previous day's settlement price to determine the reference price for trading on October 15, 2026. Further details and updates will be available on the DFM website.
GFH Bank B.S.C. announced on October 14, 2026, its commitment of USD 60 million to a new partnership aimed at acquiring next-generation commercial aircraft engines. This initiative is in collaboration with Bridgepoint, a leading global middle-market investment firm, and AIP Capital, which specializes in asset-based financing opportunities. The partnership is expected to have a positive impact on the Group’s financials and increase its returns. The announcement was made by Mariam Jowhary, the Head of Compliance and AML.
GFH Bank B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully sold a logistics facility in the United States to Michelin North America for $151 million. This transaction is expected to positively impact the Group's financials and increase its returns.