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On 18 August 2025, the Board of Directors of Amlak Finance PJSC passed resolutions by circulation concerning regular internal matters. This decision was made at 9:00 AM. The communication was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and was signed by Lama Takieddin, the Head of Corporate Governance and Company Secretary. A copy of the communication was also sent to the Securities & Commodities Authority.
Emirates Central Cooling Systems Corporation PJSC (Empower) has signed a contract to design a new district cooling plant at Dubai Science Park, with a total production capacity of 47,000 Refrigeration Tons (RT). This plant will serve nearly 80 mixed-use buildings and is part of Empower's strategy to meet the growing demand for energy-efficient cooling services in Dubai. Construction is set to begin by the end of the first quarter of 2026. The plant will incorporate advanced technologies, including thermal energy storage and treated sewage effluent systems, to enhance efficiency and sustainability. Empower, which holds over 80% of Dubai's district cooling market, is committed to modernizing its infrastructure. The project aligns with Dubai's goal to reduce electricity and water consumption and become a leader in the green economy by 2050.
The document is the interim condensed consolidated financial information for Agility Public Warehousing Company K.S.C.P. and its subsidiaries, covering the period ending on June 30, 2025. The information is unaudited.
Agility Public Warehousing Company KSCP reported a net profit of KD 8.7 million from continuing operations in Q2 2025, marking a 196% increase from the same period last year. This result includes a one-off, non-cash loss from the remeasurement of discontinued operations. The company has adopted a new strategic direction aligned with Kuwait Vision 2035, focusing on national infrastructure development and plans to invest over KD 100 million in priority sectors by 2030. Agility KSCP's Board approved in-kind dividends to shareholders, offering a stake in Agility Global Plc, which is expected to enhance market visibility and liquidity. The Q2 2025 revenue was KD 36.1 million, with an EBITDA of KD 16.2 million, a 36% increase year-over-year. For the first half of 2025, net income from continuing operations was KD 18 million, a 45.3% increase from the previous year, with revenue at KD 73.9 million and EBITDA up 5.3% year-over-year.
The Dubai Financial Market (DFM) issued a weekly summary for Regulated Short Sell (RSS) transactions covering the period from August 11 to August 15, 2025. No RSS trades occurred during this time. For more details on RSS, refer to DFM's Market Rules and Operational Model available on their website. The announcement is also accessible online. The document includes a disclaimer stating that the information is subject to change and DFM is not liable for any losses arising from the use of this data.
Salama, the Islamic Arab Insurance Company, has announced that nominations for its Board of Directors will be open from August 16 to August 26, 2025. Shareholders who meet the necessary conditions can apply for board membership by submitting a resume and specifying the type of membership they are seeking at the company's main office in Dubai. Five board members will be elected, and nominations will be open for ten days following the announcement, in line with relevant governance regulations. Candidates must comply with the conditions outlined in the Federal Decree-Law on commercial companies.