Latest Threads on News from companies

The document is a notification regarding a scheduled board meeting of Gulf Navigation Holding PJSC. The meeting is set to take place on Wednesday, 14 May 2025, at 10:00 am. The agenda includes considering the approval of interim financial statements for the three-month period ending 31 March 2025, discussing the possibility of calling a general assembly meeting pending approval from the Securities and Commodities Authority, and proposing an amendment to the company's Articles of Association to increase foreign ownership percentage in the company's shares. Additionally, the meeting will address any other matters that may arise. The notification is signed by Nader Muqbel, the Investor Relations Director of Gulf Navigation Holding PJSC.

On 9 May 2025, Watania International Holding (PJSC) issued a notice for a Board of Directors meeting scheduled for Wednesday, 14 May 2025, at 3:30 PM. The agenda includes reviewing and endorsing the financial statements for the first quarter ending on 31 March 2025, along with routine business discussions. The notice is authorized by Nawal Ma’ally, the Board Secretary.

BHM Capital, a leading financial institution in the UAE, participated in the University of Sharjah Career Fair to enhance its presence and support young national talents. The event, held on April 22, aimed to connect students and recent graduates with career opportunities in the financial sector. BHM Capital's booth attracted many visitors interested in the financial services industry. The company's HR & Administration Director, Mr. Tarek Mousa, and his team provided insights into the work environment, available vacancies, and offered career consultations, including CV and interview advice. CEO Abdel Hadi Al Sa’di emphasized the importance of investing in young talent and fostering partnerships with academic institutions. BHM Capital also highlighted its training and development initiatives, such as specialized internship programs and virtual trading rooms, to help students apply theoretical knowledge in practical settings.

The Dubai Financial Market (DFM) issued a weekly summary for Regulated Short Sell (RSS) transactions for the period from May 5, 2025, to May 9, 2025. During this period, there were no RSS trades. For more information on RSS, individuals are directed to consult the DFM Market Rules and related documents available on the DFM website. The announcement is also accessible on the DFM's market announcements webpage. A disclaimer notes that the information is subject to change and DFM is not liable for any losses resulting from the use of the information provided.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, announced its financial results for the first quarter of 2025. The company reported a revenue of AED 540 million, a 0.4% increase from the same period in 2024, and an EBITDA of AED 297 million. The pre-tax net profit was AED 159 million, with a net profit after tax of AED 145 million for the quarter ending March 31, 2025. CEO Ahmad Bin Shafar highlighted the company's strategic expansion and its commitment to increasing its asset base to meet rising demand and strengthen market share. Empower's financial results underscore its global leadership in the district cooling market, driven by high operational readiness and a robust asset base. The company aims to deliver enhanced value and sustainable growth for shareholders by capitalizing on real estate momentum and broader economic growth. Empower reported consolidated revenues of AED 3.26 billion for the twelve months from April 2024 to March 2025.