Latest Threads on News from companies

Threads on regulatory news from companies

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National International Holding Company

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on NCC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on ALLIANCE shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 13/08/2025 is the ex-dividend date for DUBAIRESI shares
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Al Ansari Financial Services reported a 13% year-on-year increase in operating income, reaching AED 638 million for the first half of 2025. This growth is attributed to the consolidation of BFC Group's results from the second quarter and strong performance across most business lines. EBITDA rose by 11% to AED 287 million, with a margin of 45%, due to higher operating income. Net profit after tax increased by 3% to AED 212 million, despite higher finance costs from a shareholder loan for the BFC acquisition. Total transactions grew by 10% to 28 million, with outward remittances and bank notes transactions increasing by 12% and 105% respectively. The Wage Protection System saw a 25% rise in salary disbursals, while digital channels experienced a 30% increase in transactions, making up 23% of outward remittances. The company expanded its physical presence to 439 branches, including 274 in the UAE, and plans to complete the acquisition of Al Ansari Exchange in Kuwait by the end of Q3 2025. Additionally, Al Ansari plans to launch a digital wallet in Q3 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National Cement Company (P.S.C.)

Disclosure: Financial statements for the 2nd QTR of 2025

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National Cement Company (P.S.C.)

Disclosure: Results of BOD Meeting

On August 12, 2025, the National Cement Company held a board meeting attended by all seven board members, achieving a 100% quorum. During the meeting, they approved the minutes of the previous meeting and the company's financial statement for the second quarter of 2025. They also discussed the company's business. This disclosure was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Financial statements for the 2nd QTR of 2025

Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the six-month period ending on June 30, 2025. This report covers the financial performance and activities of the company during the second quarter of 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Drake & Scull International P.J.S.C

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Drake and Scull International PJSC (DSI), a company specializing in contracting services for mechanical, electrical, and plumbing, as well as oil and gas, and water and wastewater treatment projects, reported a net profit of AED 6.5 million for the first half of 2025. This is in comparison to AED 3.8 billion in H1 2024, which included a one-time restructuring adjustment. Revenue increased by 57% to AED 77.9 million, driven by strong performance in projects across India, Tunisia, Romania, and Jordan. Gross profit rose to AED 5.9 million due to better cost management and project execution. Total assets decreased by 2.7% to AED 629.5 million, while total equity increased by 4.4% to AED 158.4 million. Cash and bank balances stood at AED 309.2 million, supporting operational flexibility. General and administrative expenses were AED 24.5 million, up from AED 21.2 million, due to higher legal, professional, and business development costs. DSI continued its restructuring plan, offsetting some accumulated losses against the statutory reserve.

1. Attached Document