Latest Threads on News from companies

A proxy form is provided for shareholders of Unikai Foods P.J.S.C. to authorize a representative to attend and vote on their behalf at the Extraordinary General Assembly Meeting scheduled for February 16, 2026. The form requires the shareholder's and proxy's signatures, contact numbers, and shareholder details such as the investor number and number of shares. The signature must be verified by a designated person or entity, and the form includes spaces for these details to be filled in.

The Eurasian Development Bank (EDB) has appointed BHM Capital as the Lead Manager for its upcoming UAE Dirham-denominated bond issuance, which will be listed on the Abu Dhabi Securities Exchange. This appointment was formalized through a mandate letter signed by representatives from both organizations. The bond issuance aims to expand local-currency funding options and enhance Abu Dhabi's status as a global debt capital market hub. It will provide investors with access to EDB through a regulated regional exchange. The funds raised will be used for investment projects in EDB's member states in Central Asia. Both BHM Capital and EDB officials expressed confidence in their partnership and the potential success of the transaction. EDB has previously raised AED 385 million in UAE Dirham financing.

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) will hold a meeting on Tuesday, February 10, 2026, at 9:00 AM. The agenda includes reviewing and considering the company's preliminary and unaudited financial statements for the year 2025, as well as discussing other business matters such as dividends for the second half of 2025 and details of the Annual General Assembly. The notification is issued by Aakash Nijhawan, Group Head of Investor Relations.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, announced that it maintained Emiratisation levels in its workforce by the end of 2025. This reflects Empower's commitment to developing national human capital and empowering Emirati talent in engineering, technical, and administrative roles. The company emphasizes diversity, inclusion, and gender balance, with Emirati women making up 46% of its national workforce. CEO Ahmad Bin Shafar highlighted the importance of national competencies in achieving operational excellence and supporting sustainable development. Empower continues to invest in training programs to enhance the skills of Emirati employees, aligning with its strategic vision of contributing to a sustainable future.

The 19th General Assembly Meeting of Emirates NBD Bank will take place at the Meydan Hotel in Dubai and online at 3:00 PM on Tuesday, February 17, 2026. The meeting will address several resolutions, including the approval of the Board of Directors' report on the bank's activities, the financial statements, the external auditor's report, and the Internal Shari’ah Supervision Committee’s report for the year ending December 31, 2025. Additionally, the meeting will consider the approval of the audited balance sheet, the profit and loss account, and the proposal to distribute cash dividends of AED 1.00 per ordinary share, totaling AED 6,316,598,253. The remuneration of the Board for the year ending December 31, 2025, will also be determined, and the Board members will be absolved from liability for their work during the year.

Emirates NBD reported a record profit before tax of AED 29.8 billion for 2025, marking a 10% increase from the previous year. This growth was driven by strong volume increases across all business segments and product lines, alongside continued investment in digital banking, a diverse product range, and regional expansion. Total income rose by 12% to AED 49.3 billion, with significant growth in both interest and non-funded income streams. The balance sheet expanded, with total assets exceeding AED 1 trillion, supported by gross lending growth of AED 129 billion (24%) and a rise in deposits by AED 119 billion (18%), particularly in low-cost CASA balances. Emirates Islamic also achieved a record profit before tax of AED 3.9 billion, reinforcing its status as a leading Islamic finance institution. DenizBank's performance improved due to easing inflation and strong margins. The expansion in Saudi Arabia led to a 48% increase in lending. Emirates NBD's Digital Wealth platform boosted the Group’s Assets Under Management & Administration to over USD 100 billion. The Board of Directors proposed an ordinary dividend of 100 fils. Key financial metrics include a profit before tax of AED 29.8 billion, a 10% year-on-year increase in profit, expenses at AED 15.0 billion (up 4%), income at AED 49.3 billion (up 12%), a net interest margin of 3.46%, a cost-to-income ratio of 30.5%, a non-performing loan ratio of 2.4%, and a CET-1 ratio of 14.4%.