Latest Threads
Check out what has been happening in the community
Emirates NBD Bank has received in-principle approval from the Reserve Bank of India to establish a Wholly Owned Subsidiary (WOS) in India. Currently operating in India as a foreign bank with branches in Mumbai, Gurugram, and Chennai, the proposed WOS will enhance Emirates NBD's presence in the country. Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, emphasized India's strategic importance and the bank's commitment to the UAE-India partnership. Shayne Nelson, Group CEO, expressed enthusiasm for expanding services and client relationships in India, aligning with Emirates NBD’s international growth strategy.
Salik Company PJSC, the exclusive toll gate operator in Dubai, has received the ISO 37001 certification for its Anti-Bribery Management System. This certification highlights Salik's commitment to integrity and transparency in its operations. The certification process involved a thorough evaluation of Salik's anti-bribery and anti-fraud framework, which aligns with various regulatory standards. The initiative was led by Salik's Compliance Section, emphasizing the company's dedication to accountability and corporate governance. CEO Ibrahim Sultan Al Haddad stated that this certification is a significant step in Salik's commitment to ethical business conduct, aiming to create sustainable value for shareholders and stakeholders. ISO 37001 is a global standard that outlines measures to prevent and address bribery, and Salik's compliance with it enhances its reputation as a well-governed entity and boosts investor confidence.
Emirates Central Cooling Systems Corporation (Empower), the largest provider of district cooling services globally, held its annual staff gathering in Dubai, United Arab Emirates, on May 19, 2025. The event, attended by Empower's CEO H.E. Ahmad Bin Shafar, senior management, and employees from various departments, was aimed at fostering strong employee relations and a positive work environment. During the gathering, Empower recognized employees who have served for 5, 10, 15, and 20 years, acknowledging their significant contributions to the company's success. CEO Bin Shafar praised the employees as essential to Empower's achievements, emphasizing the importance of human capital and the company's commitment to empowering its teams and encouraging innovation. He highlighted Empower's dedication to creating an ideal work environment based on transparency, empowerment, and recognition, which positively impacts performance and team spirit.
The document is an unaudited interim condensed consolidated financial report for Agility Public Warehousing Company K.S.C.P. and its subsidiaries, dated 31 March 2025.