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Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Al Mazaya Holding Company
Disclosure: A Lawsuit disclosure

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Sukoon Insurance PJSC
Disclosure: Press release

Sukoon Insurance PJSC has announced the resignation of its CEO, Jean-Louis Laurent Josi, after seven years of leadership. Since joining in 2018, Josi has significantly transformed the company, enhancing customer service, operational resilience, and financial strength. Under his leadership, Sukoon achieved consistent growth and rebranded itself. Badr Al Ghurair, Chairman of the Sukoon Board, praised Josi's commitment to innovation and excellence. Hammad Khan, currently the Chief Financial Officer and Executive Vice President, has been appointed as Interim CEO. Khan has over 25 years of experience and has been with Sukoon since 2018. The company expressed gratitude for Josi's contributions and wished him success in his future endeavors.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Union Properties PJSC
Disclosure: Press release

Union Properties PJSC reported a 44% increase in gross profit for the first half of 2025, with total revenue rising to AED 316 million from AED 266 million in the same period in 2024. The company also announced a 19% year-on-year increase in Q2 revenue to AED 152.4 million and a 77.84% rise in gross profit to AED 32.9 million, attributed to improved operational efficiency. CEO Eng. Amer Khansaheb highlighted the company's focus on long-term value creation and strategic investments in development and digital transformation. Despite an increase in overhead expenses due to early-stage development costs and digital upgrades, the company plans to repay AED 150 million in bank debt, with AED 20 million already repaid and AED 130 million scheduled for Q3 2025. Additionally, Union Properties signed a conditional AED 700 million sale agreement for a real estate asset in Motor City.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Union Properties PJSC
Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Sukoon Insurance PJSC
Disclosure: Notification from the company

Sukoon Insurance PJSC announced the resignation of Jean-Louis Laurent Josi as CEO, which has been accepted and approved by the Board of Directors. The Board has appointed Chief Financial Officer Hammad Khan to manage the company's daily operations as Interim CEO until a new CEO is appointed, pending approval from the Central Bank of the UAE. The Board will collaborate with the Central Bank to approve the new successor. The announcement was communicated by Badr Al Ghurair, Chairman of the Board of Directors, with a copy sent to Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi, UAE.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Amlak Finance P.J.S.C
Disclosure: Results of Board Decisions by Passing

On 30 July 2025, Amlak Finance PJSC's Board of Directors made decisions by circulation regarding routine internal matters. This information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Lama Takieddin, Head of Corporate Governance and Company Secretary. The Securities & Commodities Authority was also copied on this correspondence.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Dubai Islamic Bank
Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on MAZAYA shares starting from 2:00 PM (UAE Time) as its BOD meeting is being held today, 30-07-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on MASQ shares after disclosing the results of its BOD meeting
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