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The Dubai Financial Market (DFM) announced an adjustment to its Equity Futures Contracts for EMIRATES NBD PJSC due to a cash dividend payment of AED 1.00 per share approved by the company's shareholders. The adjustment will take effect on March 5, 2025, which is the ex-dividend date. The affected contracts include the ENBD FUT series for March, April, and May 2025. The price adjustment involves an adjustment ratio of 0.9535960, resulting in revised prices for each contract. The adjusted prices will serve as the reference price for trading on March 5, 2025. Further details are available on the DFM website. The information is subject to change and the DFM Regulated Derivative Contract Trading Regulation will prevail in case of any inconsistencies.

Al Salam Bank, in partnership with BYD, has launched an exclusive auto financing offer for new energy vehicles in Bahrain, running from February 15 to March 31, 2025. This initiative supports the bank's Environmental, Social, and Governance (ESG) goals by promoting eco-friendly transportation. Clients financing a BYD new energy vehicle through the bank can receive a cashback reward of up to BHD 1,000, subject to terms and conditions, along with flexible financing solutions. The initiative aligns with Bahrain's sustainability agenda and the global shift towards a low-carbon economy. The offer is timed to coincide with increased vehicle demand during Ramadan. Both Al Salam Bank and BYD emphasize their commitment to sustainable mobility and providing innovative financial solutions.

Salik Company PJSC, Dubai's toll gate operator, reported financial results for FY 2024, showing an 8.7% increase in total revenue to AED 2.3 billion and a 13.6% rise in EBITDA to AED 1.6 billion. Revenue-generating trips increased by 8% to 498.1 million, supported by the launch of two new toll gates. The company declared cash dividends of AED 619.8 million for the second half of 2024. His Excellency Mattar Al Tayer, Chairman, highlighted the company's strong financial performance and strategic milestones, including partnerships aimed at expanding revenue streams and enhancing mobility solutions. CEO Ibrahim Sultan Al Haddad noted robust Q4 performance and revised guidance for FY25, projecting revenue growth of 28-29% and an EBITDA margin of 68-69%. The company's initiatives include variable pricing, new gates, and collaborations for innovative parking and insurance solutions. Net profit before tax rose by 16.6% to AED 1.3 billion, with total trips up by 7.6% to 638.2 million and active registered accounts increasing by 7.4% to 2.6 million. Despite a new 9% corporate tax, profit for the period grew by 6.1% to AED 1.2 billion. The total dividend for 2024 was AED 1,164.5 million, equivalent to 15.5275 fils per share.

Emirates Central Cooling Systems Corporation (Empower), a leading district cooling services provider, has increased the employment of Emirati nationals in professional and administrative roles, achieving significant growth in Emiratisation by the end of 2024. Female employees make up 45.37% of Empower's Emirati workforce, while male employees represent 54.63%, demonstrating the company's commitment to gender balance and national talent development. CEO Ahmad bin Shafar highlighted Empower's focus on enhancing UAE human capital, increasing engagement in strategic sectors, and equipping Emiratis for future challenges. Empower's strategic plan aligns with the UAE government's vision to boost Emiratisation and recognizes the importance of integrating Emirati women into the workforce as equal partners in the nation's development.