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Dubai’s DIFC Expansion and State Street Hub Boost UAE Financial Sector Momentum

In the latest UAE finance news of the last 24 hours, two high‑impact developments are reshaping the financial landscape: Dubai’s international financial hub is launching a major multi‑billion‑dollar expansion, and global custody bank State Street is establishing a new operations centre in the UAE. Together, these moves underline the continued growth and global integration of the Emirates’ financial ecosystem.

Al Firdous Holdings PJSC (ALFIRDOUS)

Country of Origin: United Arab Emirates (U.A.E) Al Firdous (P.J.S.C) (formerly Manasek P.J.S.C) is a public joint stock company registered on 1 July 1998 in the Emirates of Dubai, United Arab Emirates, according to Ministerial Decree Number (106) for the year 1998, and which commenced its operations on 22 October 1998. On 31 September 2007, the company secured approval from Ministry of Economy to change its name from (Manasek P.J.S.C) to (Al Firdous Holding P.J.S.C). Up to 31 December 2008, the company operated as a group consisting of the company (the partner company) and Al Firdous Group Co Ltd for Hotels, a company established in the Kingdom of Saudi Arabia and involved in managing and operating hotels and restaurants in the Kingdom of Saudi Arabia and organizing Hajj and Umra trips.

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Dubai Financial Market PJSC (DFM)

Country of Origin: United Arab Emirates (U.A.E) Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments. The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions. The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf. The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.

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National Cement Company (P.S.C.) (NCC)

Country of Origin: United Arab Emirates (U.A.E) National Cement Company (Public Shareholding Co.), Dubai (“the Company”), is registered in accordance with the decree issued by His Highness Ruler of Dubai on April 10, 1968 establishing a cement company in the Emirate of Dubai and in accordance with the provisions of the UAE Federal Law No. 8 of 1984 (as amended). The principal activity of the Company is to manufacture and sell cement and cement related products. The Company also invests in investment securities and derivative products. The Company is listed on the Dubai Financial Market since 2005.

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Islamic Arab Insurance Company (SALAMA)

Country of Origin: United Arab Emirates (U.A.E) Islamic Arab Insurance Co. (Salama) (“the Company”) is a public shareholding company, registered in the Emirate of Dubai, United Arab Emirates (UAE) and operates through various branches in the UAE. The principal activity of the Company is the writing of all classes of general takaful and family takaful business, in accordance with Islamic Shari’a principles.

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Industrials
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Aramex PJSC Prepares for Key Shareholder Meeting

Aramex PJSC announces a crucial meeting to discuss financial results and dividend distribution for 2025.

ARAMEX PJSC
News
Consumer Staples
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Dubai Refreshment Schedules Key Board Meeting

Dubai Refreshment P.J.S.C. announces its Board of Directors meeting to review financials and set the AGM agenda.

Dubai Refreshment Company P.J.S.C.
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