Latest Threads on News from companies

On 30 October 2025, a notification was sent to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding resolutions to be considered by the Board of Directors of Amlak Finance PJSC. The board will review these resolutions by circulation on Tuesday, 4 November 2025, at 9 am, focusing on internal matters. The letter was signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, with a copy sent to the Securities & Commodities Authority.

Union Properties has launched its second major project, 'Mirdad,' in Dubai's Motor City. This development features four towers with luxurious lofts and stylish apartments designed to maximize natural light and functionality. Indoor amenities include a sports complex, gyms, spas, a community clubhouse, coworking spaces, a gaming zone, multipurpose halls, a kids' play area, a golf simulator, and an indoor cinema. Outdoor facilities offer two padel courts, a half Olympic lap pool, shaded play areas for children, pet parks, a tranquil garden, a lounge pool, a shaded children's pool, and a yoga lawn. Strategically located near future parks, a shopping mall, and the upcoming Al Maktoum International Airport, Mirdad is valued at AED 2 billion and represents Union Properties' ongoing expansion in premium residential communities in the UAE.

Dubai Investments has started constructing a second production line for Emirates Float Glass (EFG) at the Khalifa Economic Zones Abu Dhabi, making it the only dual float line facility in the GCC. This expansion involves an investment of over AED 600 million and aims to enhance production capabilities and product offerings, including the introduction of Ultra Clear Glass. The project, attended by key officials and partners, highlights Dubai Investments' focus on industrial innovation and economic diversification. The second float line is expected to be operational by late 2027 or early 2028, reinforcing EFG's position as a leader in float-glass manufacturing in the region.

On 29 October 2025, the Board of Directors of Dubai Refreshment P.J.S.C held a meeting at 1:00 PM at the company's main office in Dubai Investment Park 2, Dubai, and via online video technology. During the meeting, they approved the interim financial statements for the third quarter of 2025 and discussed various internal matters, making appropriate decisions. The communication was signed by Karem Mahmoud, Director of Legal Affairs.