Latest Threads on News from companies
Threads on regulatory news from companies
Takaful Emarat Insurance, a Shariah-compliant life and health insurance provider in the UAE, announced its financial results for the first nine months of 2025, highlighting a significant business turnaround. The company achieved a 51% increase in insurance revenue, reaching AED 444.4 million, compared to AED 293.6 million in the same period in 2024. Net Takaful income rose by 37% to AED 106.2 million, and the company reported a profit of AED 22.8 million, compared to a loss of AED 4.4 million in the previous year. Earnings per share improved to AED 0.11 from a negative AED 0.02. These results reflect successful transformation and operational efficiency initiatives, robust underwriting, and effective customer acquisition strategies.
GFH Financial Group announced that it has purchased 5,150,000 treasury shares, increasing its total treasury shares from 211,954,515 (5.530% of total issued shares) to 217,104,515 (5.665% of total issued shares) as of November 16, 2025. The decision to purchase was made on March 2, 2025, and approved by authorities on October 20, 2025. The average purchase price was USD 0.589 per share, representing 0.134% of the issued capital. There are 166,154,868 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
SHUAA Capital PSC and its subsidiaries have released their condensed consolidated interim financial information for the period from January 1, 2025, to September 30, 2025.
As of November 14, 2025, SHUAA Capital psc reported accumulated losses of AED 904 million for Q3 2025, representing 24.70% of its capital. The losses primarily resulted from fair value losses due to impairments and write-offs related to the company's UK investments, legacy real estate assets, and valuation adjustments of an associate's underlying asset. Additionally, the implementation of corporate tax law in the UAE led to the recognition of a deferred tax liability, and there were write-offs from revised land valuations in the UAE, as well as fair value losses from investments in public market securities and managed investments.