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The Islamic Arab Insurance Company, SALAMA, held a General Assembly meeting on January 30, 2026, both at their headquarters in Dubai and virtually. The meeting, chaired by Mr. Essa Ali Bin Salem Alzaabi, had a quorum of 52.2909% of total attendance, with 38.0484% authenticity and 14.2425% by proxy. Key decisions included the appointment of Mr. Ahmad Abdelrahim as Secretary and Mr. Mohamed Shaaban as Attendance Register and Vote Collector. The assembly approved the issuance of Mandatory Convertible Sukuk (MCS) following a capital reduction, pending regulatory approvals. The meeting also approved the participation of Eshraq Investment P.J.S.C. and Humana Holding Limited, both related parties, to subscribe to the MCS for up to AED 175,000,000 each, as part of a capital restructuring plan to restore the company's capital adequacy.

On January 30, 2026, the Board of Directors of Salik Company PJSC passed a resolution to restructure the Audit Committee. The newly constituted committee includes H.E. Mohammed Lengawi as Chairperson, Mr. Faisal Belhoul as Vice-chairperson, Mr. Sabah Al Shamsi as a member, and Dr. Ayesha Bin Lootah as an external member. The resolution was communicated by Ibrahim Sultan Al Haddad, the Chief Executive Officer.

The Board of Directors of Islamic Arab Insurance Company (SALAMA) PJSC invites shareholders to attend the General Assembly meeting on Friday, January 30, 2025, at 3:00 PM. The meeting will be held at the company's headquarters in Dubai or can be attended virtually through remote presence technology. Shareholders will receive a link to join the meeting via email and text messages, and through the Dubai Financial Market. The agenda includes appointing the meeting secretary and vote collector, and discussing the issuance of Mandatory Convertible Sukuk (MCS) following the company's capital reduction. This is subject to approvals from the UAE Central Bank and the Securities and Commodities Authority (SCA). The transaction aims to restore the company's capital adequacy and was detailed in a shareholder circular published on September 19, 2025.

The Islamic Arab Insurance Company (SALAMA) is planning to have its Board of Directors pass a resolution by circulation on Tuesday, February 3, 2026. The resolution will address the upcoming issuance of mandatory Convertible Sukuk (MCS) and other general business-related matters of the company. The letter is addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Ahmad Abdelrahim, Senior Manager of Legal & Compliance.

Sukoon Insurance announced its financial results for 2025, marking its strongest performance in history during its 50th anniversary year. The company reported significant growth in all key financial areas, supported by favorable economic conditions and effective risk management. Gross Written Premiums exceeded AED 7 billion, a 19% increase from the previous year, while insurance service results rose by 12% to AED 261 million. Investment income grew by 43% to AED 298 million, leading to a 47% increase in profit before tax, reaching AED 428 million. The performance was further enhanced by Sukoon Takaful, the company's subsidiary, which continued to deliver strong profitability. Interim CEO and CFO Hammad Khan highlighted the company's focus on profitable growth and strong underwriting discipline. Looking forward, Sukoon plans to focus on enhancing family-oriented solutions and integrating digital innovations, particularly AI, to improve customer interactions. The company aims to maintain its reputation as a trusted and financially secure insurer in the UAE.

Sukoon Insurance P JSC released its annual financial results for the period from January 1, 2025, to December 31, 2025. The company reported a gross written premium of AED 7.11 billion, insurance revenue of AED 6.39 billion, and an insurance service result of AED 260.7 million. Net investment income was AED 298.1 million, leading to a profit before tax of AED 427.9 million and a profit after tax of AED 364.9 million. Insurance revenue increased by 18% compared to the previous year, reaching AED 6.39 billion. Insurance service expenses were AED 4.78 billion, and the insurance service result before reinsurance contracts was AED 1.60 billion. Net expenses from reinsurance contracts amounted to AED 1.34 billion. As of December 31, 2025, Sukoon Insurance's total assets were AED 11.18 billion, total liabilities were AED 7.81 billion, and total equity was AED 3.37 billion. The company generated AED 725.9 million from operating activities, used AED 538.3 million in investment activities, and used AED 104.3 million in financing activities, resulting in cash and cash equivalents of AED 415.7 million at year-end. Key performance indicators included a retention ratio of 47.2%, a combined ratio of 95.9%, a return on equity (pretax) of 13.4%, and a return on shareholders’ equity of 11.5%. No securities were issued, and there were no significant non-financial events or developments during the period.

The document includes the Report of the Board of Directors, an independent auditor’s report, and the consolidated financial statements of Sukoon Insurance P.J.S.C. and its subsidiaries for the year ending December 31, 2025.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, will participate in the ASHRAE Winter Conference and Expo 2026 in Las Vegas, USA. Led by CEO H.E. Ahmad Bin Shafar, Empower aims to advance the district cooling sector and stay updated on new technologies and solutions. The event serves as a platform for exchanging expertise and learning about efficient and sustainable cooling systems. Empower is committed to global energy efficiency and carbon reduction efforts and regularly participates in international events. The ASHRAE Conference is a major event for refrigeration, heating, and air conditioning systems, attracting global experts and featuring discussions, workshops, and seminars. Empower and ASHRAE have a longstanding partnership focused on advancing district cooling technologies.

In 2025, the Dubai Financial Market (DFM) achieved a net profit before tax of AED 1.06 billion, marking a 158% increase from the previous year. Total consolidated revenue rose by 102% to AED 1.28 billion, driven by increased trading activity, investment income, and a one-time gain from selling an investment property. The total traded value reached AED 174 billion, a 63% increase compared to 2024. Market capitalization at year-end was AED 992 billion, with the DFM General Index rising by 17.2% throughout the year. Celebrating its 25th anniversary, DFM has evolved into a globally connected capital markets platform, contributing to Dubai's economic growth. The year saw strong trading activity, international participation, and confidence in Dubai's markets, underscoring DFM's role in supporting transparency, liquidity, and market development.