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Union Properties PJSC has initiated construction on 'Mirdad,' a AED 2 billion development project in Dubai Motor City, marking its second major project in the area. This development aligns with the company's growth strategy focused on innovative planning, architectural excellence, and wellness-driven urban living. 'Mirdad' will feature four towers with 1,087 units, including luxury lofts and styled apartments, and will offer over 26 indoor and outdoor amenities. The project emphasizes sustainability with smart technologies, green spaces, and EV charging stations. Located strategically between Al Maktoum International Airport and Dubai International Airport, the development aims to provide urban convenience and lifestyle appeal. Completion is expected in the fourth quarter of 2028, reflecting Union Properties' commitment to creating future-ready communities in Dubai.
A new series of equity futures contracts for March 2026 will be available for trading on the Dubai Financial Market starting December 11, 2025. These contracts include various companies such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Each contract will be listed on December 11, 2025, and de-listed on March 19, 2026. Further details and updates can be found on the Dubai Financial Market website. The information is subject to change, and in case of discrepancies, the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence.
On December 11, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, regarding the disclosure of the results from the Board of Directors meeting of Emirates NBD Bank (P.J.S.C). The meeting took place on December 10, 2025, where the board discussed normal business activities. The letter was signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank, and a copy was sent to the Securities & Commodities Authority.
On December 10, 2025, a Board of Directors meeting for Sukoon Insurance PJSC was held at the Swiss Hotel in Dubai and via the Teams platform. During the meeting, the board approved the dates for board meetings in 2026, the budget for the fiscal year 2026, and decided to open the nomination process for electing a new Board of Directors following the Annual General Meeting in 2026. This information was communicated by Rana Attieh, the Board Secretary, with a copy sent to Waleed Saeed Al Awadhi, the CEO of the Securities and Commodities Authority in Abu Dhabi.