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Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Taaleem Holdings PJSC
Disclosure: Notice of Board of Directors Meeting

The letter is a formal notification from Alan Williamson, CEO of Taaleem Holding PJSC, addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It informs him of a scheduled Board of Directors meeting for Taaleem Holdings PJSC on July 3, 2025, at 3:00 pm. The meeting will be held both at the company's premises and via remote attendance. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2025, discussing routine business matters, and following up on company activities. The letter also mentions that other matters may be discussed with the Chairman's permission. A copy of the letter is sent to the Securities and Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Ithmaar Holding B.S.C
Disclosure: Ithmaar Group ESG Report 2024

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: ESG Report for YE 2024

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Drake & Scull International P.J.S.C
Disclosure: Clarification from the company

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From National Central Cooling Co.
Disclosure: Notification from the company

Sean Magee, Secretary of the Board of Directors, informs H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and H.E. Hamid Ali, CEO of the Dubai Financial Market, about Tabreed's acquisition of PAL Cooling Holding LLC. The acquisition involves a newly formed joint venture between Tabreed and DIF Infra 7 Participations 8 B.V., each owning 50%. The enterprise value of the transaction is approximately AED 4.1 billion, with an equity value of AED 3.8 billion, pending regulatory approvals. PAL Cooling Holding LLC fully owns eight subsidiary companies operating five district cooling plants under long-term agreements, with additional plants under development in Abu Dhabi. Further details are provided in attached forms, and contact is encouraged for more information.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From National Central Cooling Co.
Disclosure: Press release

Tabreed and CVC DIF have partnered to acquire PAL Cooling Holding from Multiply Group for approximately AED 3.8 billion. The acquisition includes eight long-term concessions serviced by five district cooling plants in Abu Dhabi, with significant growth potential to reach an operational connected load of around 600,000 refrigeration tons. PAL Cooling, established in 2006, is a key player in the UAE district cooling market, with partnerships with major developers like Aldar Properties. The acquisition aligns with Tabreed's strategic goals to support Abu Dhabi's real estate projects and meet the increasing demand for sustainable cooling. CVC DIF highlighted PAL Cooling's long-term contracts in a rapidly growing urban environment. The deal is pending regulatory approvals.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Subscription in the Mandatory Convertible Bonds of GULFNAV for eligible shareholders starts today, 30/06/2025, and will continue until 15/07/2025
Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 30/06/2025 is the ex-dividend date for CHAESHIN shares
Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 30/06/2025 is the last trading date to entitle for AGLTY’s cash dividend
Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Takaful Emarat (PSC)
Disclosure: Resignation of BOD member

Hany Mostafa Sabri Mohamed Sabri Mostafa, an independent and non-executive board member of Takaful Emarat Insurance PSC, has resigned from the company's Board of Directors due to personal reasons. The resignation was accepted and became effective on June 26, 2025. The document confirming the resignation was signed by Adnan Saba Elaish, the Acting Chief Executive Officer, on the same date.

1. Attached Document

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