Latest Threads on News from companies
Threads on regulatory news from companies
Sean Magee, Secretary of the Board of Directors, issued a notice on October 13, 2025, regarding the completion of the acquisition of PAL Cooling Holding LLC by a newly formed joint venture entity owned equally by Tabreed and Arctic Holding C.V. This follows a previous disclosure on June 30, 2025. The acquired company fully owns eight subsidiaries, operating five district cooling plants under long-term concession agreements, with additional plants under development in Abu Dhabi. The company commits to keeping the market informed with timely updates as the acquisition progresses. For further information, stakeholders are encouraged to reach out.
TECOM Group has achieved LEED certification for 55% of its office buildings' gross leasable area (GLA) across Dubai, reinforcing its commitment to sustainable development as part of its environmental, social, and governance (ESG) framework. As of the first half of 2025, the group has 55 LEED-certified buildings, including those in Dubai Internet City, Dubai Media City, Dubai Design District, and Dubai Industrial City, which have received LEED Gold certifications. This achievement aligns with the United Nations’ Sustainable Development Goals and aims to create long-term value for customers and colleagues. TECOM Group's efforts in sustainability and energy efficiency, such as their Energy Retrofit Project, have led to significant energy savings and are recognized by the Dubai Supreme Council of Energy. The group emphasizes the importance of sustainable practices in shaping the future of urban workspaces and enhancing business excellence for its global customers.
The Dubai Financial Market (DFM) released a weekly summary of Regulated Short Sell transactions for the period of October 6, 2025, to October 10, 2025. During this time, Emirates NBD PJSC had a short sell trade volume of 118 and a trade value of AED 2,927.8. For more details on Regulated Short Selling, refer to the DFM Market Rules and related operational procedures available on their website. The announcement can also be accessed on the DFM's market announcements webpage. Note that the information is subject to change, and DFM is not liable for any losses resulting from the use of this data.