Latest Threads on News from companies

A meeting of the Board of Directors of Al Sagr National Insurance Co. (PSC) is scheduled for Thursday, November 13, 2025, at 12:00 PM. The meeting will be held at the company's head office in Dubai and via the Zoom platform. The agenda includes reviewing and approving the financials for Q3 2025, discussing the progress of the workflow, reviewing the company's productivity, and discussing the Internal Audit progress report. Other topics may also be discussed. The notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. The notice is signed by Abdul Mohsen Jaber, CEO of Al Sagr National Insurance PSC.

Agility Public Warehousing Company announced that it will change its ticker symbol from "AGLTY" to "MKHZN" effective November 17, 2025. This change will not impact the company's financial position.

Emirates Central Cooling Systems Corporation PJSC (Empower) has begun operations at its Deira Waterfront district cooling plant in Dubai, which has a cooling capacity of 39,000 refrigeration tons and will serve over 46 buildings in the area. The plant was constructed following international standards and sustainable building principles, aligning with Dubai's urban development goals. This initiative is part of Empower's strategy to expand its district cooling services in Dubai, where it holds more than 80% market share. The project supports the UAE's Net-Zero 2050 Strategy and the Dubai Net-Zero Carbon Emissions Strategy 2050 through sustainable cooling infrastructure. Empower's CEO, H.E. Ahmad Bin Shafar, emphasized the company's commitment to providing efficient cooling solutions that contribute to Dubai's vision of sustainable urban development and improving quality of life. Empower plans to continue strategic investments to expand and modernize its operations to meet the growing demand for sustainable cooling services.

The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting on November 13, 2025. These contracts, set to expire in February 2026, include various futures such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement is accessible on the Dubai Financial Market's website. It is noted that the information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation, which takes precedence in case of any discrepancies.

Dubai Taxi Company PJSC (DTC) reported strong financial results for Q3 2025, with a net profit increase of 28% year-on-year to AED 76.4 million. The company completed 13.1 million trips in its taxi and limousine segments, a 7% rise from the previous year. Revenue for the quarter grew by 15% to AED 585.3 million, while EBITDA rose by 23% to AED 151.4 million, with a margin increase of 2 percentage points compared to Q3 2024. A dividend of AED 160.7 million for the first half of 2025 was distributed in August. DTC also launched a strategic partnership with Kabi to advance mobility in the UAE. The company's taxi segment saw a 12% revenue increase to AED 506.0 million, supported by fleet expansion and high utilization, with a total operational fleet of 6,215 vehicles, including 401 fully electric ones, as of September 2025.

The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C. It covers the financial performance and position of the company for the nine-month period ending on September 30, 2025.