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Tabreed, a leading district cooling company, successfully raised USD 700 million through its inaugural five-year green sukuk, marking the first issuance under its new USD 1.5 billion trust certificate program. The sukuk will be listed on the London Stock Exchange's International Securities Market. The issuance attracted strong demand from local, regional, and international investors, leading to a 2.6 times oversubscription. It was competitively priced with a profit rate of 5.279%, achieving the tightest credit spread for a five-year instrument by Tabreed or any other UAE corporate sukuk with a similar credit rating. The high demand was supported by investment-grade credit ratings from Moody's and Fitch. Proceeds from the sukuk will be used in accordance with Tabreed's Green Financing Framework to finance or refinance eligible green projects, including district cooling schemes, energy and water efficiency, and wastewater management projects.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority, has scheduled a board of directors meeting on Tuesday, March 11, 2025, at 11:00 AM. The meeting will cover the approval of audited financial statements for the year ending December 31, 2024, and discuss the agenda for the annual general assembly meeting, with the date and time to be coordinated with the Ministry of Economy. The company is based in Dubai, UAE, and the announcement was made by Abdel Hadi Al Sa’di, the CEO.

Dubai Insurance Company has informed Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, that the Board of Directors has decided by circulation on Thursday, March 6, 2025, to recommend to the Annual General Meeting the distribution of 80% of the capital as cash dividends to shareholders. The communication is signed by Sahem Abdelhaq, the Head of Legal.

The Dubai Financial Market (PJSC) is considering passing a resolution by circulation on March 11, 2025. The announcement was made in a communication involving H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.