Latest Threads on News from companies

Agility Public Warehousing Company announced that its subsidiary, Agility Global, has secured an additional $100 million through an incremental commitment to an existing multiyear credit facility. This funding is part of the refinancing efforts by Al Farwaniya Project Development Company, responsible for developing Reem Mall. The additional funds will be used to partially repay a short-term facility provided by one of Agility Global's subsidiaries. This repayment will be reflected in the consolidated financial statements of the group by reducing the outstanding balance of the facility.

The Dubai Financial Market (DFM) issued a weekly summary for Regulated Short Sell (RSS) transactions for the period from June 23, 2025, to June 26, 2025. During this period, no RSS trades were conducted. For more details on RSS, individuals are advised to consult the DFM Market Rules and related documents available on their website. The announcement can also be accessed on the DFM website. The document includes a disclaimer noting that the information is subject to change and DFM is not liable for any losses resulting from the use of its content.

Salik Company PJSC, Dubai's exclusive toll gate operator, has been awarded the "3G Excellence Award for Advocacy and Commitment to Corporate Governance 2025" by the UK-based Cambridge IFA during the Global Good Governance Summit in Brunei. This award highlights Salik's dedication to corporate governance, transparency, and ethical leadership. CEO Ibrahim Al Haddad stated that the recognition reflects the company's commitment to sustainable value for shareholders and partners, with corporate governance being pivotal for business sustainability and market confidence. Salik's internal teams played a crucial role in securing this recognition by presenting their corporate governance system to the judging panel. The company aims to support Dubai's goal of becoming the world's smartest city and aligns with the UAE's future development programs.