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Sukoon Insurance PJSC has issued a notification to Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, regarding an upcoming resolution by circulation from the company's Board of Directors. This resolution is scheduled for March 30, 2026, at 10:00 AM, and will address the approval of the Annual Underwriting Performance Report as of December 31, 2025, along with the company's year-end action plan based on the actuary's recommendations. The notification is also copied to H.E. Waleed Saeed Al Awadhi, the CEO of the Capital Market Authority in Abu Dhabi, UAE.
Al Ansari Financial Services announced that its shareholders have approved a total cash dividend of AED 297 million for the financial year ending December 31, 2025, representing 74% of the Group’s net profit after tax. This includes a final dividend of AED 148.5 million for the second half of the year. The Group's flagship subsidiary, Al Ansari Exchange, is celebrating its 60th anniversary. Chairman Mohammad A. Al Ansari emphasized the Group's commitment to delivering sustainable returns and highlighted recent strategic moves, including the acquisition of BFC Group Holding, to enhance its regional presence. The Group is focusing on growth opportunities, digital capabilities, and customer experience to support its remittance, foreign exchange, and digital financial services businesses. Al Ansari Financial Services aims to maintain its market leadership and deliver long-term value to shareholders.
Empower, the world's largest district cooling services provider, reported record revenues of AED 3.42 billion and a net profit of AED 1.004 billion for 2025. At its Annual General Meeting, with an 85% quorum, Empower approved a cash dividend of AED 437.5 million for the second half of 2025, reflecting 43.75% of its paid-up capital. The meeting, chaired by HE Saeed Mohammed Al Tayer and attended by CEO Ahmad Bin Shafar, also ratified the company's financial statements. Empower, listed on the Dubai Financial Market, achieved its highest revenue since listing, with EBITDA reaching AED 1.65 billion. In 2025, it distributed AED 875 million in dividends in two installments. Saeed Mohammed Al Tayer highlighted the company's consistent profitability and operational efficiency, while Ahmad Bin Shafar noted Dubai's construction boom as a driver for investment opportunities.