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The Arab Energy Fund has listed a USD 500 million Sukuk on Nasdaq Dubai, due in 2031, with a profit rate of 4.686% and priced at a spread of 70 basis points over SOFR. The issuance was twice oversubscribed, with orders exceeding USD 900 million, and it attracted a diverse range of investors, including central banks and sovereign institutions, reflecting the strong credit profile of The Arab Energy Fund. The Sukuk is rated Aa2 by Moody's and AA+ by Fitch. This listing, part of The Arab Energy Fund's Trust Certificate Issuance Programme, contributes to the depth of Nasdaq Dubai's Sukuk market, which now has over USD 98.6 billion in outstanding Sukuk. The transaction marks the fourth listing by The Arab Energy Fund on the exchange and is part of its strategy to support sustainable energy development in the Arab world. The total value of debt listings on Nasdaq Dubai has surpassed USD 141 billion.

Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), spoke at the IDEA 2026 Conference in Canada, highlighting the UAE's leadership in district cooling. He discussed Empower's achievements as the world's largest provider in the sector, attributing success to strategic vision, government support, and investment in advanced technologies. Bin Shafar emphasized district cooling's role in sustainable urban development, enhancing energy efficiency, reducing emissions, and addressing climate change challenges. He called for collaboration among stakeholders to promote sustainable cooling solutions and foster innovation for resilient cities. The UAE and Dubai are portrayed as global models in adopting sustainable practices and advancing the green economy.

The document contains the consolidated financial statements of Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, as of March 31, 2026. It also includes an independent auditor's report.