Latest Threads on News from companies
Threads on regulatory news from companies
Air Arabia PJSC has announced that its board of directors will meet on Wednesday, August 13th, at 3:00 PM. During this meeting, the board will discuss and approve the financial results for the second quarter of 2025.
Al Ramz Corporation PJSC reported strong financial performance in the first half of 2025, with net profit increasing sevenfold to AED 18.8 million compared to the same period last year. The company experienced a 62% rise in revenue, driven by strong results in brokerage, market making, asset management, and higher financing income. Al Ramz was awarded significant liquidity provision mandates by ADNOC Group, enhancing its market-making capabilities. The corporation continues to focus on sustainable growth through investments in innovation and technology, particularly in its digital financial mall. Assets under management grew by 75%, and asset management revenues increased by 98%, with public equity net total returns of 8.6%, outperforming the benchmark.
On August 4, 2025, Takaful Emarat Insurance PSC announced the resignation of Mr. Haroon Ahmad from its Board of Directors, where he served as an independent, non-executive member. His resignation was accepted and became effective on the same date, with personal reasons cited as the cause. The announcement was authorized by Adnan Saba Elaish, the Acting Chief Executive Officer, and was confirmed with a signature and company seal.
Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the six-month period ending on June 30, 2025.
The National Central Cooling Company (Tabreed) will hold an earnings call on 8th August 2025 at 3:00 PM to discuss the financial results for the period ending 30th June 2025. The communication is addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The notice is signed by Sean Magee, the Company Secretary.
The document is a notification addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding a decision by the Board of Directors of the National Central Cooling Company PJSC. In accordance with Article 36/11 of the Disclosure and Transparency Regulations, a Circular Resolution will be distributed to the Board on 7 August 2025 at 10 am. The resolution will cover the company's financial results for the first half of 2025, ending on 30 June, as well as its business and operations. The notification is signed by Nadia Bardawil, Chief Legal Counsel.