Latest Threads on News from companies

The document includes the Board of Directors' report, the independent auditor's report, and the financial statements for Union Coop for the year ending December 31, 2025.

The text is an invitation for shareholders of Air Arabia, a public joint stock company, to attend its annual general assembly meeting. The meeting will be held both physically at the company's headquarters near the airport and virtually on March 12, 2026, at 2:00 PM. The agenda includes discussing and approving the board of directors' report, the auditor's report, the financial statements, and profit distribution for the fiscal year ending December 31, 2025. Other items include approving directors' remuneration, discharging the board and auditors from liability, appointing new auditors, and electing a new board for a three-year term. Shareholders can participate in electronic voting and are encouraged to update their information to ensure receipt of dividends. The meeting will require a quorum of shareholders representing at least 50% of the capital, and if not met, a second meeting is scheduled for March 17, 2026. Further details and documents are available on the Dubai Financial Market's website.

On February 13, 2026, Tabreed held an earnings call at 3 PM to discuss their financial results for the period ending December 31, 2025. The documents related to the earnings call are available on Tabreed's Investor Relations website. The communication is addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Sean Magee, the Company Secretary.

Nasdaq Dubai achieved a record year with its outstanding Sukuk value exceeding USD 100 billion. Since its inception, the exchange has listed over USD 245 billion in cumulative bonds and Sukuk, including USD 177 billion in Sukuk. The Sukuk market has grown eightfold since 2013, with listings increasing from USD 12.6 billion to over USD 100 billion. In 2025, the total value of outstanding debt securities listed across Dubai Financial Market (DFM) and Nasdaq Dubai reached USD 150.9 billion, with Nasdaq Dubai accounting for USD 146.1 billion. The growth aligns with the UAE’s National Strategy for Islamic Finance and Halal Industry, which aims to significantly increase Islamic banking assets and Sukuk listings by 2031. In 2025, Nasdaq Dubai recorded USD 30.6 billion in new debt listings across 60 issuances, including debuts from Ajman Bank, OMNIYAT, Mashreq, China Development Bank, and the New Development Bank. Sovereign and government-related issuers, such as the Republic of Indonesia and the UAE Federal Government, played a significant role in activity, reinforcing Dubai’s position as a global capital hub.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest provider of district cooling services globally, is participating as a Diamond Sponsor in the IDEA Campus Energy Conference 2026 in Washington, USA, for the third consecutive year. The event, organized by the International District Energy Association (IDEA), runs from February 17 to 20, 2026, under the theme 'Advancing Thermal Networks' and attracts over 1,300 attendees worldwide. Empower's involvement aligns with its strategy to promote sustainable solutions and enhance energy efficiency in modern cities through district cooling. The company emphasizes the energy savings and operational efficiency of district cooling compared to traditional systems, contributing to reduced emissions and improved urban living standards. Empower aims to share its expertise and explore collaboration opportunities to develop innovative energy solutions. CEO Ahmad Bin Shafar highlighted the company's commitment to efficient and sustainable energy solutions and the importance of the conference for discussing the future of district cooling. Empower has established an advanced operational model focused on innovation and efficiency, resulting in resource savings and service reliability.

Union Properties PJSC announced its audited financial results for 2025, highlighting a significant performance improvement and the proposal of a cash dividend of AED 3 Fils per share, marking the first dividend in 11 years. The company reported a 39.4% increase in total revenue, reaching AED 736.9 million compared to AED 528.7 million in 2024. Operating profit rose to AED 240.7 million from AED 161.8 million in 2024, and the company achieved a record cash balance of AED 494.2 million. These results reflect disciplined financial management and a focus on value-driven projects. The return to dividend distribution indicates a new era of financial resilience and positions the company for sustainable growth. CEO Eng. Amer Khansaheb stated that 2025 was a turning point, with enhanced profitability and full repayment of legacy debt, setting a solid foundation for future growth in 2026.