Dubai Financial Market has announced a significant increase of 171% in its net profit for Q1 2024, before tax. The profit reached a total of AED 95.6 million.

The Annual General Assembly Meeting of Union Properties PJSC, originally scheduled for April 18, 2024, has been postponed due to the lack of quorum. The rescheduled meeting will take place both virtually and physically on Tuesday, April 30, 2024, at 2:00 PM at The Ritz Carlton Hotel, Dubai Financial Center, Dubai. The information was communicated by Fadi Saba, the Board Secretary of Union Properties PJSC, to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market.

The Board of Directors of Emirates Investment Bank PJSC is inviting all shareholders to their Annual General Meeting on March 26, 2024. The meeting will be held at the bank's head office in Dubai, and can also be attended remotely via Zoom. The agenda includes reviewing and approving reports and financial statements for the year ended December 31, 2023, considering proposals regarding dividends and board remuneration, discharging or holding liable board members and auditors, appointing auditors for 2024, electing board members for 2024-2027, and approving the appointment of shareholders' representatives. Shareholders may delegate a representative to attend and vote on their behalf. The meeting will only be valid if attended by shareholders owning or representing at least 50% of the bank's capital.

Dubai Financial Market has announced a significant 171% rise in its net profit before tax for Q1 2024, amounting to AED 95.6 million.

The text refers to a review report and condensed interim consolidated financial information from the Dubai Financial Market (DFM) P.J.S.C. The information covers a three-month period ending on 31 March 2024. This report is likely to be of interest to those involved in finance and investing.

On April 29, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened a meeting. The main points approved during the session included the condensed consolidated interim financial information for the three-month period ending March 31, 2024, and regular matters and any other business. The information was communicated by Ali Amer Al-Hashimi, the Chief Financial Officer of the company.