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Empower, the world's largest district cooling services provider, won two Gold Awards at the IDEA Conference 2026 in Canada for "Total Number of Buildings Committed" and "Total Building Area Committed" outside North America. This achievement highlights Empower's leadership in the district cooling sector and supports Dubai and the UAE's reputation for sustainable energy solutions. Empower has won these awards twelve times since 2005 and has received over 20 IDEA awards in total. CEO Ahmad Bin Shafar stated that these awards reflect Empower's commitment to sustainable and innovative cooling solutions, supporting Dubai's urban development and the UAE's net-zero ambitions.
Dubai Investments PJSC has been awarded the Gold Tier in the Majra Impact Seal’s Large Companies category, recognizing its excellence in CSR and sustainability. This award is the UAE’s highest official recognition for such achievements and is given after a thorough evaluation process. The accolade was announced at the Majra Impact Summit 2025 in Abu Dhabi. Mohammed Saeed Al Raqbani, Head of the Sustainability Committee at Dubai Investments, accepted the award, highlighting the company's long-standing commitment to sustainability, ESG principles, and measurable progress in areas like renewable energy and social impact programs. This recognition aligns with Dubai Investments' strategy to support a low-carbon future, in accordance with UAE Vision 2030 and the UN Sustainable Development Goals.
A Board of Directors meeting for Taaleem Holdings PJSC is scheduled for Thursday, July 9, 2026, at 3:00 pm. The meeting will take place at the company's premises and allow for remote attendance. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2026, discussing routine business matters, following up on company activities, and addressing any other issues with the Chairman's permission. The letter is signed by Alan Williamson, CEO, and a copy is sent to the Securities and Commodities Authority.
BHM Capital has been appointed as the Market Maker for the Retail T-Sukuk, a local currency Islamic Sukuk issuance listed on Nasdaq Dubai. This appointment highlights BHM Capital's role in enhancing liquidity and supporting the development of the UAE's capital markets. As a Market Maker, BHM Capital will provide continuous two-way quotes for the Retail T-Sukuk, facilitating orderly trading and improving liquidity. The company's CEO, Abdel Hadi Al Sa'di, emphasized their commitment to strengthening the UAE's capital markets and supporting efficient price discovery and dynamic trading environments for investors.
Al Salam Bank has introduced a limited-time offer for its clients in Bahrain, coinciding with the launch of the new BYD Ti7. This initiative, in partnership with BYD, offers exclusive pricing on selected BYD and DENZA vehicles, along with competitive financing rates, available until July 11, 2026. The offer aims to capitalize on the growing interest in the BYD Ti7, providing clients with the opportunity to purchase the latest models at special prices through favorable financing options. During the offer period, the bank's team will be on-site to assist with financing applications. Clients who finance through Al Salam Bank will also enjoy benefits such as participation in the "Settle Your Finance" campaign, reward points through the Al Salam Rewards Program, and flexible repayment options, including a grace period of up to six months. Al Salam Bank's Chief Retail Banking Officer, Mohammed Buhijji, emphasized the bank's dedication to forming strategic partnerships and offering competitive auto financing solutions. Fakhro Motors' Managing Director, Mohammed Fakhro, expressed satisfaction with the collaboration, highlighting the shared goal of enhancing the vehicle ownership experience in Bahrain. This initiative underscores Al Salam Bank's commitment to providing innovative financing solutions and exclusive offers to enhance client experiences.
The Ministry of Finance in the UAE has officially listed the country's first Sovereign Retail T-Sukuk Programme, which is now available for secondary market trading. This initiative, aimed at individual investors, saw significant interest, with subscription orders reaching AED 445 million, nine times the initially planned issuance size of AED 50 million. Consequently, the issuance size was increased to AED 100 million. The programme attracted a diverse group of retail investors, with UAE nationals making up 72% of the subscribers. Notably, young investors under 25 and women represented 45% of the subscriber base, highlighting the programme's role in promoting financial inclusion. The listing was marked by a bell-ringing ceremony at Nasdaq Dubai, led by H.E. Mohamed bin Hadi Al Hussaini, alongside other officials.
The Board of Directors meeting for Al Sagr National Insurance Company (PSC) was held on July 2, 2026, at 3:00 PM at the company's head office. During the meeting, Mr. Jasim Hussain Ahmed Al Ali was elected as Chairman of the Board, and Ms. Fatima Marzouq Mohammed Ali Al Ali was elected as Deputy Chairperson. The Board also approved the formation of various committees, including the Audit Committee, Risk Committee, Nomination and Remuneration Committee, and Executive Committee. The members of these committees will be appointed once the Board's composition is complete and necessary approvals are obtained according to applicable laws and regulations. The meeting results have been communicated to the Dubai Financial Market CEO, Mr. Hamed Ahmed Ali, and a copy has been sent to the Capital Market Authority.