Latest Threads on News from companies

Emaar Properties PJSC has announced an earnings call regarding the company's financial statements for the second quarter ending June 30, 2025. The call is scheduled for 4:30 PM on Friday, August 15, 2025. The notification was addressed to Mr. Hamed Ali, CEO of Dubai Financial Market, and was sent by Ahmad Thani Rashed Almatrooshi. The Securities & Commodities Authority was also copied on the notification.

Dubai Electricity and Water Authority PJSC announced record financial results for the first half of 2025, reporting a revenue of AED 14.6 billion, a 6.9% increase year-over-year. The profit after tax reached AED 2.9 billion, up 13.2% from the previous year, and operating cash flow surged by 61.3% to AED 9.2 billion. For the second quarter of 2025, profit after tax increased by 25.8% year-over-year to AED 2.4 billion. The company's board approved a dividend payment of AED 3.1 billion for the first half of 2025, to be distributed in October. DEWA, listed on the Dubai Financial Market, is the exclusive provider of electricity and water services in Dubai.

The document is the condensed consolidated interim financial information of Dubai Electricity and Water Authority PJSC and its subsidiaries for the six-month period ending on June 30, 2025. The information is unaudited.

The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) held a meeting on August 8, 2025. During the meeting, they approved the company's financial statements for the second quarter of 2025 and agreed to distribute a cash dividend of AED 3.1 billion for the first half of 2025, to be paid in October 2025. The last entitlement date for the dividend is October 15, 2025, the ex-dividend date is October 16, 2025, and the record date is October 17, 2025. The Board also reviewed general business matters. The notification was signed by Aakash Nijhawan, Group Head of Investor Relations, on behalf of DEWA.

BHM Capital Financial Services reported strong financial results for the first half of 2025, reinforcing its status as a key player in the UAE's capital markets. The company achieved a 23% increase in total income, reaching 94.4 million dirhams, and a 32% rise in net profit to 22.2 million dirhams compared to the same period in 2024. Earnings per share also grew by 21%. Total assets increased by 22%, and shareholders' equity rose by 9%, aided by the distribution of grant shares. The total trading value grew by 23% to 35.58 billion dirhams. BHM Capital opened 17,539 new accounts, capturing 40% of new accounts in the Dubai Financial Market, which increased to 47% in July. CEO Abdul Hadi Al Sa’di attributed the success to strategic planning and team efforts, emphasizing the company's commitment to expanding investment access and maintaining leadership in the UAE's financial sector. BHM Capital aims to continue its growth and contribute to the future of regional financial markets.