Latest Threads on News from companies
Threads on regulatory news from companies
The Dubai Financial Market has been notified of the termination of the Liquidity Provision Agreement with Taaleem Holdings PJSC, effective October 9, 2025. This notification was submitted through the EFSAH electronic disclosure system by Abdel Hadi Al Sadi, the Chief Executive Officer.
Taaleem Holdings PJSC, a leading education provider in the UAE with 38 schools, has appointed xCube as its new Liquidity Provider on the Dubai Financial Market (DFM). xCube will replace the current provider, BHM, and begin operations on October 10, 2025. The change will involve xCube entering two-way daily quotes into the DFM trading system, adhering to DFM and UAE Securities and Commodities Authority regulations. The announcement was made by Alan Williamson, CEO of Taaleem Holdings.
The General Assembly Meeting of Emirates Central Cooling Systems Corporation PJSC (Empower) approved a cash dividend of AED 437.5 million for the first half of 2025 and elected a new Board of Directors for the 2025–2028 term. The meeting, chaired by Saeed Mohammed Al Tayer and attended by CEO Ahmad Bin Shafar, reported strong financial results with revenues of AED 1,453 million and a net profit of AED 403 million for the first half of 2025. The dividend represents 43.75% of the company's paid-up capital and will be distributed according to the company's policy. The meeting highlighted Empower's growth and its role in enhancing Dubai's position as a global hub for district cooling, supported by leadership efforts to establish a sustainable and diversified economy.