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Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit of AED 139 million, a 162% increase from the previous year. Revenue grew by 32% to AED 513 million, supported by improved operational efficiency and subsidiary contributions. The company achieved AED 455 million in cash balances, the highest in years, and reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position. Union Properties sold AED 2.7 billion in assets, strengthening its liquidity and balance sheet, with total assets at AED 4.5 billion and total equity at AED 3.3 billion. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, its subsidiary ServeU LLC acquired the Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months.

Dubai Islamic Bank (DIB) reported record revenues of AED 9.7 billion for the first nine months of 2025, with a 10% year-over-year increase in pre-tax profit to AED 6.6 billion. The bank's total assets grew by 14% year-to-date, reaching AED 393 billion, nearing the AED 400 billion mark. Customer deposits rose by 21% year-to-date, surpassing AED 300 billion. DIB's asset quality improved, with a low non-performing financing (NPF) ratio and high coverage ratio. The bank achieved a 6% year-over-year increase in operating revenue, driven by growth in non-funded income, higher business volumes, and stable margins. Impairment charges decreased by 45% year-over-year, reflecting effective risk management. The cost-to-income ratio was 28.7%, indicating operational efficiency.

The text refers to a review report and the condensed consolidated interim financial information of Dubai Islamic Bank P.J.S.C. for the nine-month period ending on September 30, 2025.

Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit increase of 162% to AED 139 million and a revenue increase of 32% to AED 513 million compared to the same period in 2024. The company achieved a significant milestone with AED 455 million in cash balances, marking its strongest liquidity position in years. It also reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position for the first time in recent history. Union Properties sold AED 2.7 billion in assets and expects to collect AED 721 million in receivables by December 2026, bolstering its financial foundation. Total assets reached AED 4.5 billion, and total equity increased to AED 3.3 billion after a share capital reduction. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, Union Properties' subsidiary ServeU LLC acquired Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months, and expanding the workforce to 17,000 employees.

GFH Financial Group announced that it has purchased 680,000 treasury shares, increasing its total treasury shares from 172,041,461 (4.489% of total issued shares) to 172,721,461 (4.507% of total issued shares) as of October 28, 2025. The company's board decided on this purchase on March 2, 2025, and it received approval from the relevant authority on October 20, 2025. The average purchase price was 7740.5 SDU. The shares purchased represent 0.180% of the issued capital, and 210,537,922 shares remain available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Al Salam Bank and Edamah, the real estate arm of Bahrain Mumtalakat Holding Company, have formed a strategic partnership to offer Shari’a-compliant property financing for units in the Tivoli Residences at Bilaj Al Jazayer, a premier waterfront development in Bahrain. The bank will provide flexible and tailored financing options, including up to six months grace period, competitive profit rates, loyalty reward points, instant approval, and a seamless application process. The partnership aims to facilitate homeownership and offer a luxurious beachfront lifestyle. Tivoli Residences features a range of residential units with high-end amenities such as a rooftop infinity pool, fitness center, and 24-hour security.