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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Press release

H.E. Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), participated as a keynote speaker at the International District Energy Conference for Latin America and the Caribbean (LAC 2025) in Santiago, Chile. He emphasized the importance of district cooling in achieving global sustainability goals, highlighting its ability to reduce carbon emissions by using 50% less energy than conventional methods. Bin Shafar showcased Dubai and the UAE's achievements in district cooling and shared Empower's success story, noting its growth into the world's largest district cooling services provider. He attributed this success to strategic vision, government support, and investment in infrastructure and technology. Bin Shafar also participated in a panel discussion on sustainable energy, stressing the need for district energy solutions to address environmental challenges. The conference was organized by Chile's Ministry of Energy and the Sustainable Energy Agency, with support from various international organizations.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Takaful Emarat (PSC)
Disclosure: Board Decisions by Passing

Takaful Emarat Insurance (P.S.C) is a public shareholding company registered under Federal Law No. 48 of 2023 in the United Arab Emirates. It holds insurance company registration number 86, dated October 14, 2008. The company's office is located in Dubai, and its contact number is +971 4 230 9300. On September 9, 2025, a board meeting was scheduled to be held by circulation on September 12, 2025, at 3:00 PM. The meeting's agenda included the appointment of a board member and the Chief Executive Officer. Adnan Sabaalaish is the Acting Chief Executive Officer and the authorized signatory for the company.

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Alliance Insurance
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From SHUAA Capital PSC
Disclosure: Press release

SHUAA Capital has appointed Anil Dixit as Head of Asset Management, enhancing its leadership team. This move follows the appointment of Nabil Al Rantisi as Group CEO, demonstrating SHUAA's commitment to strengthening its leadership and expanding its investment offerings. Anil Dixit brings over 25 years of experience in financial services, having previously managed a large global portfolio at Abu Dhabi National Insurance Company. His expertise will support SHUAA's strategy and client value delivery. Additionally, Aarthi Chandrasekaran will become Head of Public Markets, focusing on regional equities and fixed income within the Asset Management division led by Anil.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Results of Board Decisions by Passing

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Emirates Integrated Telecommunications Company PJSC
Disclosure: Press release

The document is a prospectus for the public offering of shares in Emirates Integrated Telecommunications Company PJSC, known as "du," which is listed on the Dubai Financial Market. The offering involves up to 342,084,084 ordinary shares, representing 7.5467% of the company's total issued shares, being sold by Mamoura Diversified Global Holding PJSC in a public subscription in the UAE. The offer price ranges from AED 9.00 to AED 9.90, with the final price and offering size to be announced after the subscription period closes. The offering is only available in the UAE, and compliance with local regulations is required. The Securities and Commodities Authority of the UAE is not responsible for the content of the prospectus. Potential investors are advised to review the "Investment Risks" and "Important Notice" sections due to the high-risk nature of the investment.

1. Disclosure: Press release 2. Disclosure: Press release 3. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Islamic Arab Insurance Company
Disclosure: Invitation of General Assembly

The Board of Directors of Islamic Arab Insurance Company (SALAMA) invites shareholders to attend the General Assembly meeting on Monday, September 29, 2025, at 3:00 PM. The meeting will be held at the company's headquarters in Dubai or can be attended remotely via virtual meeting technology. The agenda includes appointing the meeting secretary and vote collector, electing five new Board Members to fill vacant seats until April 2026 (subject to approvals from the Central Bank of the UAE), discharging the resigned Board Members from liability, and approving the appointment of Dr. Ashraf Hashim and Mr. Abdul Nasser Ahmed Ibrahim Al Mannaie Altamimi as new members of the Internal Sharia Committee, pending necessary approvals from the Central Bank of the UAE.

1. Disclosure: Invitation of General Assembly 2. Disclosure: Invitation of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From Al Sagr National Insurance Company
Disclosure: BOD meeting

1. Disclosure: BOD meeting

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