Latest Threads on News from companies
Threads on regulatory news from companies
Air Arabia reported a record net profit of AED 656 million for the third quarter of 2025, marking a 16% increase from the same period last year. Revenue for the quarter rose 14% to AED 2.04 billion. The airline also saw a 16% increase in passenger numbers, with over 5.9 million travelers using its services, and an average seat load factor of 85%, up by 4 percentage points. For the first nine months of 2025, revenue surpassed AED 5.49 billion, with a 14% rise in passenger numbers and the launch of 12 new routes. The company's performance highlights its ability to maintain growth and efficiency within its low-cost model despite industry challenges.
The board of directors of Air Arabia held a meeting on Tuesday, November 11, 2025, at 3:00 PM. During this meeting, the board approved the financial results for the third quarter of 2025.
A notification was sent to H.E. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, informing them of an upcoming Board of Directors meeting for Gulf Navigation Holding PJSC. The meeting is scheduled for Friday, 14 November 2025, at 10:00 am. The agenda includes reviewing and potentially approving the interim financial statements for the nine-month period ending 30 September 2025, along with discussing regular company matters and any other business. The notification was signed by Ali Abouda, the Chief Finance and Operations Officer of Gulf Navigation Holding PJSC.
SHUAA Capital p.s.c., a financial investment company based in Dubai, is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's Board of Directors is scheduled to meet on Friday, November 14, 2025, at 2:00 pm. The agenda includes the adoption of the consolidated reviewed financial statements for the period ending September 30, 2025, and other business-related matters. The notice is signed by Islam Mahrous, the Chief Compliance Officer.
A meeting of the Board of Directors of Al Sagr National Insurance Co. (PSC) is scheduled for Thursday, November 13, 2025, at 12:00 PM. The meeting will be held at the company's head office in Dubai and via the Zoom platform. The agenda includes reviewing and approving the financials for Q3 2025, discussing the progress of the workflow, reviewing the company's productivity, and discussing the Internal Audit progress report. Other topics may also be discussed. The notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. The notice is signed by Abdul Mohsen Jaber, CEO of Al Sagr National Insurance PSC.