Business & Investments

du holds Annual General Assembly meeting and approves a total cash dividend of AED 2.9 billion for 2025

Dubai, UAE, March 31, 2026: du, the leading telecom and digital services provider, held its Annual General Assembly Meeting at its headquarters in Dubai Hills Business Park 2, Dubai. At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividend of AED 1.8 billion for the second half of 2025.

This brings the total cash dividends for 2025 to AED 2.9 billion. With a dividend of AED 40 fils per share for the second half of the year, du’s total cash dividend for 2025 reaches AED 64 fils per share, marking a new benchmark in the company’s dividend distribution and reflecting its strong growth and outstanding performance. Shareholders also allected Mr. Matar AlBlooshi as a new board member.

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Real Estate

Jubail Island’s Eco-Friendly Water Management System

LEAD Development Showcases Jubail Island’s Integrated Water System Amid UAE Rainfall

Abu Dhabi, United Arab Emirates, 30 March 2026: As the UAE experiences seasonal rainfall this week, LEAD Development is spotlighting the advanced water management system at Jubail Island, demonstrating how thoughtfully designed infrastructure can transform natural conditions into long-term environmental and community value.

Developed as part of LEAD’s broader commitment to responsible and future-ready living, the island’s integrated water system has been engineered to work in harmony with its natural surroundings. Rather than relying on conventional drainage solutions, the system captures and manages rainwater through a network of strategically positioned retention ponds embedded across the island’s landscape.

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Business & Investments

Emirates NBD Group successfully closes USD 2.25 billion in long-term financing

Strong participation from 15 institutions across the Americas, Europe and Asia supports funding diversification

• One of the largest syndicated borrowings in the GCC region

Dubai, UAE, 31 March 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully closed USD 2.25 billion in long-term financing.

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Sports & Recreations

Saturday Wellness Run at Marasi Bay: Join the Community

The Uncommon Club Brings Its Signature Community Run to Marasi Bay, Introducing a New Saturday Morning Wellness Ritual in Dubai

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April 2026, Dubai, United Arab Emirates: The Uncommon Club, a Dubai-based running and wellness community known for its inclusive, community-first approach, has introduced a new weekly Saturday morning community run at Marasi Bay in collaboration with OMNIYAT, offering an elevated start to the weekend through movement, routine, and time outdoors along the waterfront.

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Technologies

Snowflake Appoints Michel Nader as META General Manager

Snowflake appoints Michel Nader to lead META region, advancing regional AI ambitions

Nader will drive Snowflake’s expansion in the region and accelerate AI adoption among customers, supporting national digital and AI strategies.

Dubai, UAE, 31 March 2026 – Snowflake, the AI Data Cloud company, today announced the appointment of Michel Nader as General Manager for the Middle East, Turkey & Africa (META). In this role, Nader will be responsible for leading Snowflake’s regional strategy and operations, supporting customer growth, and advancing the adoption of Snowflake’s AI Data Cloud across key markets.

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