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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
11 days ago
News Update From Dubai Taxi Company PJSC
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on February 23, 2026, at the company's headquarters. The meeting achieved quorum, and the following items were discussed and approved: the Board of Directors' report and the consolidated audited financial statements for the fiscal year 2025; the decision to convene the Annual General Meeting on April 7, 2026, pending approval from the Securities and Commodities Authority; the proposal to distribute cash dividends for the second half of the fiscal year 2025, totaling AED 141,990,888 (5.68 Fils per share), representing 85% of the net profit for the period, subject to shareholder approval at the AGM; the Corporate Governance Report for 2025; and other operational and internal matters. The letter was signed by Vicken Khochafian, Board Secretary and Governance Director, with a copy sent to the Securities and Commodities Authority.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
11 days ago
News Update From Dubai Taxi Company PJSC
Disclosure: Corporate Governance Report 2025

1. Disclosure: Corporate Governance Report 2025

Dubai Financial Market News profile image
Dubai Financial Market News
11 days ago
News Update From Dubai Taxi Company PJSC
Disclosure: Press release regarding financial results for the year 2025

Dubai Taxi Company PJSC (DTC) reported its financial results for the fiscal year 2025, showing strong operational and financial performance. The company completed 53 million trips in the taxi and limousine segments, an 8% increase from the previous year. The operational fleet expanded by 1,708 vehicles, supporting growth across DTC's mobility segments. The EBITDA margin remained steady at 26%, and net profit rose by 7% to AED 356.1 million. The Board of Directors recommended final dividends of AED 142.0 million for the second half of 2025, totaling AED 302.7 million for the year, a 7.5% increase. DTC's revenue grew by 13% year-on-year to AED 2.47 billion, driven by fleet expansion and increased trips. The company highlighted strong execution in the first year of its five-year strategic plan, reinforcing its leadership in smart, sustainable transportation.

1. Disclosure: Press release regarding financial results for the year 2025

Dubai Financial Market News profile image
Dubai Financial Market News
11 days ago
News Update From Dubai Taxi Company PJSC
Disclosure: Financial statements for the year of 2025

1. Disclosure: Financial statements for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
12 days ago
News Update From Taaleem Holdings PJSC
Disclosure: BOD meeting

The text is a formal letter from Alan Williamson, the Chief Executive Officer of Taaleem Holding PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holding PJSC. The meeting is set to take place on Thursday, February 26, 2026, at 3:00 pm at the company's office and via remote attendance. The agenda includes discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. The letter is also copied to the Securities and Commodities Authority.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
12 days ago
News Update From Al Salam Bank B.S.C
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
12 days ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Press release

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced the design contract award for a new district cooling plant in Business Bay, Dubai, with a capacity of 44,000 refrigeration tons. Construction is set to begin in late 2026. This initiative is part of Empower's strategy to meet the rising demand for sustainable cooling services in line with Dubai's urban growth. The new plant will expand Empower's Business Bay project, which already holds two Guinness World Records for its cooling capacity and coverage. Empower's CEO, H.E. Ahmad Bin Shafar, emphasized the project's role in supporting Dubai's sustainability goals by providing environmentally friendly cooling solutions and aligning with the Dubai 2040 Urban Master Plan. The company aims to continue enhancing its services and employing advanced technologies to maintain Dubai's leadership in the district cooling sector.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
15 days ago
News Update From Sukoon Insurance PJSC
Disclosure: Integrated report for the year 2025

1. Disclosure: Integrated report for the year 2025

Dubai Financial Market News profile image
Dubai Financial Market News
15 days ago
News Update From Dubai Financial Market PJSC
Derivative News: DFM Regulated Short Sell – Weekly Summary – February

The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from February 16 to February 20, 2026. The report includes details on short sell trade volumes and values for three securities: Emirates NBD PJSC with a trade volume of 1,870 and a trade value of AED 67,891.00, Emaar Properties PJSC with a trade volume of 300 and a trade value of AED 5,040.00, and Air Arabia PJSC with a trade volume of 800 and a trade value of AED 4,464.00. For more information on regulated short selling, the DFM Market Rules and related documents can be consulted on their website. The announcement is available on the DFM website, and the information provided is subject to change. DFM disclaims liability for any loss resulting from the use of the data and content in the document.

1. Derivative News: DFM Regulated Short Sell – Weekly Summary – February

Dubai Financial Market News profile image
Dubai Financial Market News
15 days ago
News Update From Amlak Finance P.J.S.C
Disclosure: BOD meeting

On 20 February 2026, Amlak Finance PJSC announced a meeting scheduled for Wednesday, 25 February 2026, at 1:00 PM. The agenda includes discussions on the company's normal business activities and updates. The authorized signatory for this announcement is Lama Takieddin, who holds the position of Head of Corporate Governance & Board Secretary.

1. Disclosure: BOD meeting

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