Latest Threads on News from companies

The National Industries Holding Group (K.S.C.P.) released its Annual Sustainability Report for the year ending December 31, 2024. The report details the company's sustainability initiatives, achievements, and future goals in environmental, social, and governance (ESG) areas. It outlines efforts to reduce environmental impact, enhance social responsibility, and improve governance practices. The report also highlights the company's commitment to sustainable growth and its strategies for integrating sustainability into its business operations.

The National Industries Holding Group (K.S.C.P.) has released its Annual Sustainability Report for the year ending December 31, 2023.

Dubai Electricity and Water Authority PJSC (DEWA) announced record financial results for 2025, with annual revenue reaching AED 32.84 billion, an operating profit of AED 10.99 billion, and an EBITDA of AED 17.37 billion. The results mark the highest in DEWA's history, with notable achievements including a power generation of 62.21 TWh, clean power generation of 10.10 TWh, peak power demand of 11.39 GW, and desalinated water demand of 161.505 billion gallons. The profit after tax increased by 25.66% year-on-year to AED 9.09 billion. For Q4 2025, DEWA reported revenue of AED 7.92 billion, EBITDA of AED 4.22 billion, and profit after tax of AED 2.26 billion, with significant year-on-year growth. These figures represent preliminary and unaudited financial results.

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has approved several key items: the release of the company's preliminary and unaudited financial statements for 2025, the agenda for DEWA's Annual General Assembly meeting for the financial year ending December 2025, and the distribution of a cash dividend of AED 3.1 billion (6.2 fils per share) for the second half of 2025. This dividend is planned to be paid in April 2026, pending shareholder approval at the annual general assembly. The last entitlement date is April 7, 2026, with the ex-dividend date on April 8, 2026, and the record date on April 9, 2026. The Board also approved the invitation to hold an Annual Assembly meeting on April 2, 2026, which requires approval from the UAE Securities and Commodities Authority. This invitation is expected to be published in late February or early March 2026, subject to regulatory approval. The Board also reviewed other business matters related to DEWA.