Latest Threads on News from companies

Al Salam Bank has launched a new financing campaign in response to client demands, running until December 31, 2025. Eligible clients will be automatically entered into monthly draws over three months, with the October prize offering the chance to have outstanding finance settled, subject to terms and conditions. The campaign targets clients with Personal, Auto, or Property Finance, including those in Social Housing programs, who meet specific criteria such as maintaining an active credit card and a minimum balance in a Danat or Danat Plus account. The initiative aims to reward client loyalty and encourage new clients by offering innovative incentives and promoting financial stability. For more details, clients can visit the bank's website or contact them through various channels.

Dubai Taxi Company and Kabi by Al Ghurair, two major taxi operators in Dubai, have formed a strategic alliance to enhance urban mobility in the UAE. This collaboration includes the integration of their taxi fleets, totaling 9,880 vehicles, into the e-hailing platforms Bolt and Zed. The agreement, signed by the CEOs of both companies, aims to improve ride-hailing services by increasing availability and reducing waiting times. This initiative aligns with the Dubai Government's goal to convert 80% of taxi trips to e-hailing as part of a broader vision for smart mobility and sustainability. The partnership seeks to expand access to taxis and improve the overall customer experience in line with growing demand.

On September 24, 2025, the Board of Directors of Dubai Taxi Company P.J.S.C. issued a Board Resolution by Circulation to approve certain internal matters related to the company's business operations. The communication was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and was signed by Vicken Khochafian, the Board Secretary and Governance Director. A copy was also sent to the Securities and Commodities Authority.

Sukoon Insurance PJSC is notifying Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, that the company's Board of Directors will pass a resolution by circulation on September 26, 2025, at 10:00 am. The agenda includes approving the mid-year underwriting performance report and pricing report as of June 30, 2025. The notification is also copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi, UAE.

On 24 September 2025, Amlak Finance P.J.S.C held a board meeting from 1:30 PM to 2:30 PM. All seven board members were present, achieving a 100% quorum. The board discussed routine business matters. The authorized signatory for the meeting was Lama Takieddin, the Head of Corporate Governance and Company Secretary.

A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. took place on Wednesday, September 24, 2025, at 9:00 a.m. During the meeting, the board approved the minutes from the previous meeting held on July 23, 2025, discussed normal business activities, and addressed any other business matters. The information was communicated to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and a copy was sent to the Securities and Commodities Authority. The letter was signed by Mr. Ahmed Ali Al Jaziri, the Board Secretary.

Emirates Central Cooling Systems Corporation (Empower), the largest provider of district cooling services globally, will participate as a strategic sponsor in the 27th Water, Energy, Technology, and Environment Exhibition (WETEX 2025) in Dubai. Organized by the Dubai Electricity and Water Authority, the event will occur from September 30 to October 2, 2025. Empower aims to showcase its advancements in district cooling technology and its role in reducing carbon emissions. The company will highlight its major projects, including the Business Bay district cooling project, which holds two Guinness World Records. Empower's participation underscores its commitment to advancing the district cooling sector and supporting Dubai's and the UAE's sustainability goals.