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Ithmaar Holding B.S.C. has announced that its Board of Directors met on Wednesday, February 11, 2026, at 2 PM and approved the financial results for the period ending December 31, 2025.
Islamic Arab Insurance Company (SALAMA) reported a significant improvement in its financial results for the year ending December 31, 2025, with a net profit of AED 11.1 million. On a normalised basis, excluding a one-time foreign exchange gain in 2024, the underlying net profit increased by approximately 147% year-on-year. This improvement was attributed to better underwriting practices, risk selection, portfolio optimization, claims management, and cost efficiency. SALAMA also strengthened its capital and solvency through disciplined balance sheet management, reinsurance optimization, and prudent investment strategies. The company initiated a Mandatory Convertible Sukuk issuance to further enhance solvency. The Board's transformation plan has improved solvency buffers, governance, and risk management, with a continued focus on sustainable growth and disciplined asset-liability management.
On November 2, 2026, a board meeting of the National Cement Company was held with full attendance of all seven board members, achieving a 100% quorum. During the meeting, the minutes of the previous meeting were approved, the preliminary financial statement for the year 2025 was approved, and the company's business was discussed. The meeting's outcomes were disclosed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and the Securities and Commodities Authority.
The document is the report and financial statements of Emirates Investment Bank P.J.S.C. for the year ending December 31, 2025.