Latest Threads

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.

Salik Company PJSC, Dubai's toll gate operator, has received multiple prestigious awards for its investor relations efforts. These accolades were presented at the Middle East Investor Relations Association (MEIRA) conference and the Extel ceremony, highlighting Salik's leadership in corporate performance, transparency, and investor engagement. Salik was named "Leading Corporate for Investor Relations – Dubai" and recognized in several categories, including "Top 5 Best Investor Relations by CEO – Middle East" and "Best Investor Relations Professional – Dubai." Additionally, Salik's 2024 Digital Annual Report was ranked among the "Top 10 Digital Annual Reports - Middle East." In the 2025 Extel Survey, Salik was awarded "Most Honored Company in Emerging EMEA - Large Corporates." CEO Ibrahim Al Haddad emphasized the company's commitment to transparency, effective communication, and innovative digital strategies in building trust with the investor community.

On October 8, 2025, Taaleem Holdings PJSC announced an acquisition transaction involving the purchase of land for constructing and operating a school. The asset type is real estate, and the transaction value is less than 2% of the company's capital. The purpose of the acquisition is to construct a new British Curriculum School, which is expected to benefit the company and its shareholders. The parties involved in the transaction are Taaleem Management LLC, a wholly-owned subsidiary of Taaleem Holdings, and Majid Al Futtaim Urban Development LLC. The transaction is not related to any associated parties. A sales and development agreement was signed on September 26, 2025, with the transfer of title pending.