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Emirates Central Cooling Systems Corporation PJSC (Empower) has announced the opening of nominations for its Board of Directors. The nomination period is from September 17, 2025, to September 29, 2025. Seven board members will be elected. Interested individuals or shareholders who meet the criteria can nominate themselves by submitting the required forms and documents via email. Candidates' details will be published on the company's website before the General Assembly meeting on October 9, 2025. Once the nomination period ends, candidates cannot transfer their nomination. The list of candidates will be shared with the Securities & Commodities Authority and the Dubai Financial Market. Candidates must have relevant experience, a clean professional record, and meet other specified criteria. Selected candidates may be interviewed by the Nomination and Remuneration Committee.

The text is a proxy form for shareholders of Emirates Central Cooling Systems Corporation PJSC to appoint a representative to vote on their behalf at the General Assembly meeting scheduled for October 9, 2025, or any adjourned meeting. The form requires the shareholder's number, contact details, date, signature, and the name and contact details of the financial broker or entity that verified the proxy.

Sean Magee, Secretary of the Board of Directors, addressed a notice dated 16 September 2025 to Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Hamid Ali, CEO of the Dubai Financial Market. The letter confirms the completion of contractual procedures for the Palm Jebel Ali project in Dubai, following a previous disclosure on 17 March 2025. The project, involving a long-term exclusive district cooling concession, has been awarded to PJA District Cooling OPCO L.L.C., a special purpose vehicle created by the National Central Cooling Company PJSC and Dubai Holding. The project will be executed in multiple phases with an expected cooling capacity of approximately 250,000 RTs, and construction for the initial phase is currently underway. The company commits to keeping the market informed with timely updates as the project progresses and invites further inquiries.

Deyaar Development PJSC has appointed Bassam El Ghawi as its new Chief Financial Officer. Previously, El Ghawi served as the Chief Audit Executive at Deyaar and has over 30 years of experience in auditing, risk management, governance, compliance, and financial operations. He has held leadership roles at Union Properties, Arabtec Holding, and Dubai Airports. His appointment is part of Deyaar's strategy to enhance its financial structure and achieve long-term operational excellence. The company's leadership expressed confidence in El Ghawi's ability to support Deyaar's growth and strengthen its financial initiatives. El Ghawi looks forward to implementing financial strategies that align with Deyaar's vision.

Takaful Emarat, a Shariah-compliant insurance provider in the UAE, has appointed Mr. Adnan Sab'a El Aish as its Chief Executive Officer. Mr. Adnan has been with the company for over nine years, previously serving as Director of Finance and Acting CEO. He has over 20 years of experience in the insurance industry. Mr. Nooraldeen Atatreh, Chairman of the Board, expressed confidence in Mr. Adnan's leadership and dedication, anticipating that he will lead the company into its next phase of growth.

Tabreed has announced the approval of its first-ever interim dividend of 6.5 fils per share, totaling AED 184.9 million, for the first half of 2025. This decision follows a record performance, with revenue increasing by 3% year-on-year to AED 1.11 billion, driven by increased cooling demand and capacity expansion. The company added a record 41.6k RT of new connections in H1 2025, nearly double the capacity added in 2024, bringing the total connected capacity to 1.37 million RT, with significant contributions from the UAE and Saudi Arabia. Additionally, Tabreed's strategic acquisitions, including PAL Cooling and the Palm Jebel Ali concession, have expanded its total site capacity to approximately 2.6 million RT, supporting long-term growth and value creation.

On 15 September 2025, a General Assembly meeting of the National Central Cooling Company PJSC ("Tabreed") was held. During this meeting, a special resolution was approved to amend Article 30 of the company's Articles of Association. The amendment involves adding a new paragraph that allows the company to distribute annual dividends based on the annual general assembly's resolution following the Board of Directors' recommendation. Additionally, the company may distribute quarterly or semi-annual dividends to shareholders from operating profits or other profits, as decided by the general assembly or the Board of Directors. The Board is authorized to adopt, make, and execute these decisions.

GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Thursday, November 13, 2025, at 2 p.m. Bahrain time. The meeting will address the financial results for the third quarter of 2025 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and includes the company seal and a Docusign Envelope ID.