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Dubai Financial Market News

News Update From Emaar Properties PJSC

Disclosure: Press release regarding financial results for the third quarter of 2025

Emaar Properties reported strong financial results for the first nine months of 2025, with property sales reaching AED 61 billion (US$ 16.6 billion), a 22% increase from the previous year. The company's revenue backlog grew by 49% to AED 150.3 billion (US$ 41 billion), providing visibility for future revenue. Revenue increased 39% to AED 33.1 billion (US$ 9 billion), while EBITDA rose 32% to AED 16.6 billion (US$ 4.5 billion). Net profit before tax was AED 16.7 billion (US$ 4.5 billion), up 35%. Emaar's diversified portfolio and strategic focus on quality and customer experience have driven consistent growth across its property, retail, hospitality, and international businesses. The company benefits from a substantial land bank, supporting ongoing expansion and long-term value creation. Emaar emphasizes customer satisfaction through design excellence and innovative community experiences.

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Dubai Financial Market News

News Update From Emaar Properties PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

The document is the unaudited interim condensed consolidated financial statements for Emaar Properties PJSC and its subsidiaries, covering the period ending on September 30, 2025.

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Dubai Financial Market News

News Update From EMAAR DEVELOPMENT PJSC

Disclosure: Press release regarding financial results for the third quarter of 2025

Emaar Development reported strong performance in the third quarter of 2025, with property sales reaching AED 52.9 billion (US$ 14.4 billion) and a 49% growth in net profit before tax to AED 9.8 billion (US$ 2.7 billion). Revenue for the first nine months of 2025 increased by 41% to AED 17.6 billion (US$ 4.8 billion), and the revenue backlog grew by 44% to AED 120.4 billion (US$ 32.8 billion) compared to the same period last year. EBITDA rose by 49% to AED 8.9 billion (US$ 2.4 billion), maintaining a robust 51% margin. The company attributes its success to the launch of 33 new projects, operational efficiencies, and a commitment to quality and sustainability. Emaar also introduced the Dubai Mansions project, which has generated significant interest.

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Dubai Financial Market News

News Update From EMAAR DEVELOPMENT PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending September 30, 2025.

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Dubai Financial Market News

News Update From Al Mazaya Holding Company

Disclosure: BOD meeting

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Dubai Financial Market News

News Update From Al Salam Bank B.S.C

Disclosure: Invitation of General Assembly

Al Salam Bank B.S.C invites its shareholders to an Extraordinary General Meeting on November 27, 2025, at the Ritz Carlton Hotel in Bahrain. If a quorum is not met, subsequent meetings are scheduled for December 4 and December 11, 2025. The agenda includes ratifying previous meeting minutes, approving amendments to the Articles of Association to include new business activities like e-market operations and online retail, and setting qualifications for board membership. These changes require approval from the Central Bank of Bahrain and the Ministry of Industry and Commerce. The meeting will also authorize certain individuals to execute necessary formalities and address any other arising matters. Shareholders registered on the meeting date can attend or appoint a proxy, with proxy forms available on the bank's website and to be submitted 24 hours before the meeting. Institutional shareholders must provide a signed and sealed proxy form. Draft amendments are available online, and inquiries can be directed to the Investor Relations Department.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Press release - Nasdaq Dubai Welcomes Binghatti Holding's Debut USD 500 Million Green Sukuk

Nasdaq Dubai has listed Binghatti Holding's debut USD 500 million Green Sukuk, which was oversubscribed 4.3 times, attracting over USD 2.1 billion in orders from regional and global investors. The proceeds will fund qualified green projects, supporting the UAE's Net Zero 2050 goals and Dubai's sustainable finance agenda. Issued under Binghatti's USD 1.5 billion Trust Certificate Issuance Programme, the Green Sukuk matures in 2029 and is the company's first ESG-linked issuance. The issuance was priced at a profit rate of 7.75%, tightening from initial guidance of 8.125%. The listing was marked by a market-opening bell ceremony attended by Binghatti executives and Nasdaq Dubai officials. Binghatti's CEO highlighted the Sukuk as a milestone in their sustainable growth journey, reflecting investor confidence in their business model. Nasdaq Dubai's CEO noted the transaction's significance in showcasing the growing demand for ESG-focused instruments and Dubai's role as a global hub for Islamic and sustainable finance. With this listing, Binghatti's total Sukuk value on Nasdaq Dubai reaches USD 1.5 billion, while the total outstanding debt listings on the exchange exceed USD 141 billion.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on EMPOWER shares starting from 1:05 PM after disclosing the results of its BOD meeting. The Resume-Auction session (no-matching) will be 5 minutes
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Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Press release regarding financial results for the 3rd QTR of 2025

Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, reported record financial results for the third quarter of 2025. The company achieved a revenue of AED 2.586 billion, marking a 5.5% growth, and a pre-tax net profit of AED 757 million, reflecting a 5.3% increase compared to the same period last year. Empower attributes this growth to increased demand for its services in Dubai, driven by the real estate sector and new development projects. The company continues to expand its operations and adopt environmentally friendly cooling solutions. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to sustainability and its role in supporting Dubai's development goals and the UAE's Net Zero 2050 targets. Over the twelve-month period ending in September 2025, Empower reported a consolidated revenue of AED 3.395 billion, a 5.5% increase from the previous year, and an EBITDA of AED 1.596 billion.

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Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

Emirates Central Cooling Systems Corporation P.J.S.C has released its interim condensed consolidated financial statements for the three-month and nine-month periods ending on September 30, 2025. These statements are unaudited.

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