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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
7 days ago
News Update From Al Firdous Holdings PJSC
Disclosure: Nominees for Board of Directors membership

The document is a formal communication dated 14 July 2026, from Imran Ali Lashari Ali Asghar Lashari of Al Firdous Holdings, addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The subject of the letter is the announcement of the list of candidates for the membership of the Board of Directors of Al Firdous PJSC. The letter confirms the receipt of complete nomination applications from the candidates listed. The candidates and their nomination capacities are as follows: 1. Saeed Khalifa Al Rumaithi - Non-Executive/Non-Independent 2. Hamda Khaled Bin Zayed - Non-Executive/Independent 3. Adel Ahmed Khalifa Mohammed Al Falasi - Non-Executive/Independent 4. Sheikh Midhat Kamil Kidwai - Non-Executive/Independent 5. Khalifa Khaled Bin Zayed Al Nahyan - Non-Executive/Independent 6. Mohamed Bahaa Al Qaser - Non-Executive/Independent 7. Khaled Bin Zayed Bin Saqr Al Nahyan - Non-Executive/Non-Independent 8. Ahmed Atheeq Muhammed Izzath - Non-Executive/Independent The letter is signed by the Chairman of the Board, Shk. Khaled Bin Zayed S. Al Nahyan.

1. Disclosure: Nominees for Board of Directors membership

Dubai Financial Market News profile image
Dubai Financial Market News
7 days ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Disclosure of material information - Board Approval to Proceed with the Investment and Enter into a Financing Agreement

1. Disclosure: Disclosure of material information - Board Approval to Proceed with the Investment and Enter into a Financing Agreement

Dubai Financial Market News profile image
Dubai Financial Market News
8 days ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Disclosure of material information

1. Disclosure: Disclosure of material information

Dubai Financial Market News profile image
Dubai Financial Market News
8 days ago
News Update From AJMAN BANK PJSC
Disclosure: BOD meeting

A notification has been issued regarding the upcoming meeting of the Ajman Bank Board of Directors. The meeting is scheduled for Thursday, July 23, 2026, at 10:00 AM. The agenda includes the ratification of the minutes from the previous meeting, discussion and approval of the financial statements for the second quarter of 2026, and follow-up on the bank's routine activities. The notification is signed by Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary.

1. Disclosure: BOD meeting

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

Emirates Central Cooling Systems Corporation (Empower), the largest provider of district cooling services globally, has entered into an agreement with Binghatti Developers to supply cooling services to the 'Mercedes-Benz Places | Binghatti City' project in Meydan, Dubai, with a total capacity of 37,000 refrigeration tons. This agreement, signed by Empower CEO Ahmad Bin Shafar and Binghatti Holding Chairman Muhammad Binghatti, is a significant step in Empower's expansion strategy, reflecting its commitment to supporting major real estate developments in Dubai. The deal highlights developers' trust in Empower's sustainable cooling solutions, which contribute to reducing carbon emissions and enhancing resource efficiency. It also underscores Empower's strong market position and ability to expand through innovative and modern operational models. The 'Mercedes-Benz Places | Binghatti City' project is a major development in Dubai's real estate sector, featuring 12 architecturally integrated towers and offering a premium living experience inspired by Mercedes-Benz's design language. The project aims to set a new standard in urban living, supporting Dubai's long-term development and sustainability goals.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
8 days ago
News Update From Salik Company PJSC
Disclosure: Press release

Salik Company PJSC and Shamal Holding have signed a Memorandum of Understanding to implement seamless parking payments at the new Harbour West Car Park in Dubai Harbour, effective from July 13, 2026. The nine-storey facility will offer 845 parking spaces and aims to enhance access and connectivity to Dubai Harbour. Salik, in collaboration with Parkonic, will enable visitors to pay parking fees through their Salik accounts, eliminating the need for traditional payment methods. This integration is expected to improve traffic flow, reduce travel times, and enhance the overall visitor experience. The facility will serve Dubai Harbour and nearby areas, addressing the increasing parking demand in the region.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
8 days ago
News Update From BHM Capital Financial Services PSC
Disclosure: Notification from the company

On July 13, 2026, it was announced that BHM Capital Financial Services has been appointed as the liquidity provider for Anan Investment Holding P.J.S.C. shares, which are listed on the Abu Dhabi Securities Exchange. This appointment is effective from the same date. The notification was submitted through the EFSAH electronic disclosure system.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
8 days ago
News Update From Drake & Scull International P.J.S.C
Disclosure: Press release

Drake & Scull International PJSC (DSI) has been awarded a contract worth AED 52.8 million by Khamas Group of Investment Companies to complete the Mechanical, Electrical, and Plumbing (MEP) works for The Ritz-Carlton Residences in Business Bay, Dubai. This project, located along the Dubai Water Canal, includes 48 luxury residences and aims to deliver a high-quality residential experience associated with The Ritz-Carlton brand. The contract enhances DSI's project backlog and aligns with Khamas Group's strategy to involve specialized contractors to ensure the project's quality and timely completion. Work on the project will begin after completing contractual and mobilization requirements.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
9 days ago
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has launched a new edition of its "Tanweer 2.0" Program to enhance youth empowerment and financial awareness among students in Bahrain. The program, now open to the public, targets students in Grades 11 and 12 who have or open an Al Salam Bank Youth Account. This year, 200 students will participate, gaining exposure to professional environments and learning essential financial and banking concepts. The initiative aims to build confidence and career readiness among Bahrain's youth, contributing to the country's long-term economic development. Muna Al Balooshi, Chief Human Resources Officer at Al Salam Bank, emphasized the importance of investing in young people before they enter the workforce.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
11 days ago
News Update From Dubai Financial Market PJSC
DFM News: DFM Regulated Short Sell – Weekly Summary – July

The weekly summary for DFM Regulated Short Sell Transactions from July 6th to July 10th, 2026, reports that Emirates Integrated Telecommunications Company PJSC had a short sell trade volume of 7,900 and a trade value of AED 99,914. For more details on Regulated Short Selling, refer to the DFM Market Rules and related documents 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 resulting from the use of this data.

1. DFM News: DFM Regulated Short Sell – Weekly Summary – July

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