Latest Threads on News from companies

TECOM Group has achieved LEED certification for 55% of its office buildings' gross leasable area (GLA) across Dubai, reinforcing its commitment to sustainable development as part of its environmental, social, and governance (ESG) framework. As of the first half of 2025, the group has 55 LEED-certified buildings, including those in Dubai Internet City, Dubai Media City, Dubai Design District, and Dubai Industrial City, which have received LEED Gold certifications. This achievement aligns with the United Nations’ Sustainable Development Goals and aims to create long-term value for customers and colleagues. TECOM Group's efforts in sustainability and energy efficiency, such as their Energy Retrofit Project, have led to significant energy savings and are recognized by the Dubai Supreme Council of Energy. The group emphasizes the importance of sustainable practices in shaping the future of urban workspaces and enhancing business excellence for its global customers.

The Dubai Financial Market (DFM) released a weekly summary of Regulated Short Sell transactions for the period of October 6, 2025, to October 10, 2025. During this time, Emirates NBD PJSC had a short sell trade volume of 118 and a trade value of AED 2,927.8. For more details on Regulated Short Selling, refer to the DFM Market Rules and related operational procedures available on their website. The announcement can also be accessed on the DFM's market announcements webpage. Note that the information is subject to change, and DFM is not liable for any losses resulting from the use of this data.

Taaleem Holdings PJSC announced its financial results for FY 2024/25, reporting a 20.1% increase in operating revenue, reaching AED 1.135 billion, and a 19.2% rise in net profit to AED 164.5 million. The growth was driven by a 19.3% increase in premium school enrollments and strategic expansions, including new school launches and acquisitions. The company's EBITDA, excluding Kids First Group (KFG), rose by 17.4% to AED 317.9 million. Taaleem's acquisition of a 95% stake in KFG, which includes 34 nurseries, is expected to contribute positively from FY 2025/26. The company's expansion plans continue with new schools and projects underway in Dubai and Abu Dhabi.