Latest Threads on News from companies
Threads on regulatory news from companies
The document provides a weekly summary of regulated short sell transactions on the Dubai Financial Market (DFM) for the period from September 29 to October 3, 2025. During this period, Emirates NBD PJSC had a short sell trade volume of 335 with a trade value of AED 8,341.50. Additional information on regulated short selling can be found in the DFM Market Rules and related documents available on the DFM website. The announcement is also accessible on the DFM website. The document includes a disclaimer stating that the information is subject to change and DFM is not liable for any losses resulting from the use of the information provided.
Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. A notification was sent to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, regarding a resolution to be passed by the company's Board of Directors by circulation on October 7, 2025. The agenda includes approving the update of Synergize Services FZ-LLC's trade license to reflect the new Acting CEO, Hammad Raza Khan, replacing the former CEO, Jean-Louis Laurent Josi. The communication was also copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO at the Securities and Commodities Authority.
Ahmad bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), delivered the opening keynote at the ASHRAE Conference and Exhibition, HVACR Nexus 2025, in Dubai. He emphasized the importance of district cooling systems in enhancing energy efficiency and sustainability. Empower, the largest provider of district cooling services globally, participated in the event to strengthen alliances and support sustainable development initiatives. The company highlighted its achievements, including a connected capacity exceeding 1.6 million refrigeration tons and servicing 1,684 buildings. Empower collaborates with ASHRAE on publishing global guidelines and developing next-generation district cooling systems to improve energy efficiency. The participation aligns with Empower's strategy to support innovation and sustainability, contributing to Dubai's goals for carbon neutrality by 2050.
Sukoon Insurance PJSC has issued a notification to Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, regarding a resolution to be passed by the company's Board of Directors on October 6, 2025, at 10:00 am. The resolution involves updating the trade license of Sukoon Insurance and its subsidiaries to reflect the appointment of Hammad Raza Khan as the new Acting CEO, replacing the former CEO, Jean-Louis Laurent Josi. The notification is also copied to Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi, UAE.