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The Board of Directors of Emirates Investment Bank PJSC invites shareholders to a General Meeting on Thursday, June 19, 2025, at 11:30 AM at the Bank's head office in Dubai, or via Zoom. The meeting's agenda includes electing a new Board member to fill a vacancy, pending approval from the UAE Central Bank. Shareholders may delegate a proxy to attend, with restrictions on who can be delegated and the percentage of capital they can represent. Legal entities can appoint a representative through a board resolution. The meeting requires a quorum of shareholders representing at least 50% of the Bank's capital. If this quorum is not met, a second meeting will be held on June 26, 2025. Shareholders registered by June 18, 2025, can vote. Relevant documents and reports are available on the Bank's and Market's websites.

The Board of Directors of Gulf Navigation Holding PJSC has issued a Shareholders' Circular to inform eligible shareholders about the issuance of mandatory convertible bonds. These bonds will be convertible into shares at a specified issue price and will be offered to the eligible shareholders of the company.

Taaleem Holdings PJSC, a prominent provider of K-12 education in the UAE, has agreed to acquire a 95% stake in Kids First Group Limited (KFG), a leading early-learning education provider in the GCC. The acquisition will be financed through a combination of equity and debt and is expected to be completed by the fourth quarter of Taaleem’s 2024/25 financial year, pending regulatory approvals. KFG operates 34 nurseries across Dubai, Abu Dhabi, and Doha, serving over 5,000 students with various curricula. This acquisition allows Taaleem to expand into the early-learning sector and enhance its value and earnings profile. KFG will continue to operate as a standalone unit within Taaleem, with its founder retaining a 5% stake and continuing as CEO. The current management team will remain in place to leverage their expertise. This move aligns with Taaleem’s strategy of providing scalable, high-quality education in the region.

Al Salam Bank recently hosted its third Sharia Forum in Manama, Bahrain, aimed at enhancing communication and integration among professionals in the Islamic banking sector. The forum gathered experts and specialists to discuss compliance and accounting issues, reflecting the bank's commitment to supporting the Islamic banking industry. The event provided a platform for professionals to exchange insights and address developments and challenges in the sector, contributing to the advancement of professional standards and practices in line with Sharia principles. This year's forum featured panel discussions and workshops centered on Sharia audits of financial statements in Islamic financial institutions. Mr. Eihab Ahmed, Deputy CEO of Corporate Affairs at Al Salam Bank, emphasized the bank's dedication to supporting Sharia professionals and enhancing governance frameworks. The forum builds on previous editions that addressed key topics in Sharia compliance and positions Al Salam Bank as a leader in the field. Through this initiative, the bank aims to advance the Islamic banking industry and empower national talents to meet evolving Sharia requirements.

Dubai Investments has reported significant year-on-year growth in its glass manufacturing sector through its subsidiary, Glass LLC, with production exceeding 14.8 million square meters in 2024. This growth is attributed to innovation, sustainability efforts, and increased demand from regional mega projects. Glass LLC includes Emirates Glass, Emirates Float Glass (EFG), and Saudi American Glass, serving various sectors like construction and energy. EFG, the only comprehensive float glass producer in the GCC, reached full production capacity, delivering over 12.6 million square meters of glass globally. It is recognized for its contribution to the UAE economy and is listed in the Abu Dhabi Department of Economic Development's Golden List. Emirates Glass also saw an 8% year-on-year increase, with significant monthly growth in December.

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has started excavation and foundation work for a new district cooling plant in the Al Sufouh 2 area of Dubai. This project is part of Empower's expansion strategy to meet the increasing demand for eco-friendly cooling services in Dubai. Construction is set to begin in the fourth quarter of 2025. The plant will be the first of three planned facilities in the area, with a cooling capacity of 23,400 Refrigeration Tons (RT), serving various buildings, including the Innovation Hub. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to expanding its presence in Dubai and providing sustainable cooling solutions in response to urban growth and rising demand. The development aligns with Dubai's sustainable development goals, aiming to enhance the district cooling infrastructure and support the city's growth.