Latest Threads on News from companies

The Commercial Bank of Dubai PSC has released its group consolidated financial statements for the year ending December 31, 2025. These audited statements are pending approval from the Central Bank of UAE and adoption by shareholders at the Annual General Meeting.

Union Properties has partnered with Hypermedia to upgrade the media infrastructure of Dubai's Motor City. This collaboration will see Hypermedia design, build, and operate a new media network featuring digital gateways, smart displays, and iconic hoardings, enhancing brand visibility and urban experience. The project is part of a broader initiative to introduce AI-powered media experiences across Dubai. Union Properties CEO Amer Khansaheb and Hypermedia CEO Philip Matta emphasized that the partnership aims to enrich community life and reflect Motor City's motorsport-inspired identity.

The Dubai Financial Market PJSC has scheduled a Board of Directors' meeting for Wednesday, 28 January 2026, at 3:30 PM. The agenda includes reviewing the company's consolidated financial statements for the year ending 31 December 2025, considering the distribution of cash dividends for the same period, discussing the agenda and invitation for the Annual General Assembly Meeting, and addressing regular matters and any other business.

A new contract series for Micro GME Oman Crude Oil Futures, specifically the March 2027 contract, will be available for trading starting on January 26, 2026. The contract, identified by the code OMOILH27, will be listed on the Dubai Financial Market and will be de-listed on January 22, 2027. Further details can be found on the Dubai Financial Market's website. The information provided is subject to change and is not a replacement for the official Dubai Financial Market regulations.

The Dubai Financial Market has announced the availability of a new contract series for Oman Crude Oil Futures. The March 2027 contract series will be open for trading starting January 26, 2026, and will be delisted on January 22, 2027. The contract ID is OIL220127001, with the symbol OMOILH27. Further details and updates can be accessed on the Dubai Financial Market's website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any discrepancies.

GFH Financial Group B.S.C. announced that it has signed a non-binding Memorandum of Understanding with Al Khaleej Training and Education Company, which is listed on the Saudi Stock Exchange (Tadawul). The agreement aims to explore a potential merger of their educational assets, comprising 23 schools and a university, through a complete exchange of in-kind shares. The goal is to establish a new entity, either a Saudi joint-stock company or an educational fund, to be listed on the Saudi Stock Exchange within 24 to 36 months after the transaction's completion, pending regulatory approvals. The transaction is expected to positively impact the value of the merged assets and the group's investment value. There are no previous relevant disclosures. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

Emirates Central Cooling Systems Corporation PJSC (Empower), the largest provider of district cooling services globally, has significantly increased its connected capacity in Dubai from 5,400 refrigeration tons in 2004 to 1.7 million refrigeration tons by the end of 2025. This growth of 315 times over two decades highlights Empower's prominence in the industry. The expansion aligns with Empower's strategic vision to provide sustainable and efficient cooling solutions that support Dubai's urban and economic development. Empower's projects, including the Business Bay district cooling project, which holds two Guinness World Records, demonstrate its role in serving key residential and commercial areas with environmentally friendly cooling services. CEO Ahmad Bin Shafar emphasized the company's commitment to innovation, strategic expansion, and advanced technology investments. Empower aims to continue its growth in line with Dubai's future vision, supporting sustainability and energy efficiency goals.