Latest Threads on News from companies
Threads on regulatory news from companies
On Friday, July 25, 2025, Aramex PJSC announced the resignation of Karl David Haglund, a non-executive, independent board member. The resignation will be effective on Wednesday, August 6, 2025, following acceptance by the Board of Directors. The reason for the resignation is personal. The announcement was authorized by Amanda Dahdah, the Governance Officer and Board Secretary.
Aramex PJSC announced the completion of a voluntary conditional cash offer by Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC, to acquire up to 100% of Aramex's issued and paid-up share capital not already owned by Abu Dhabi Ports Company PJSC. As of 22 July 2025, the offer became unconditional, and the payment to eligible Aramex shareholders has been completed. The shares have been registered in the name of the Offeror. The notification was signed by Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC, on 25 July 2025.
The letter, dated 25 July 2025, is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Lama Takieddin, Head of Corporate Governance and Board Secretary at Amlak Finance PJSC. It notifies Mr. Ali that the Board of Directors of Amlak Finance PJSC will be considering resolutions by circulation on Wednesday, 30 July 2025, at 3 PM. These resolutions pertain to regular and internal matters of the company. The Securities & Commodities Authority is also copied on this notification.
The Board of Directors of Dubai Refreshment P.J.S.C will hold a meeting on Tuesday, July 29, 2025, at 10:00 AM. The meeting will be conducted at the company's headquarters in Dubai Investment Park 2, Dubai, and via online video technology. The agenda includes reviewing and approving the interim financial report for the second quarter of 2025 and discussing various internal company matters to make appropriate decisions. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and is signed by Karem Mahmoud, Director of Legal at Dubai Refreshment P.J.S.C.
Emirates Integrated Telecommunications Company PJSC (du) reported an 8.6% year-over-year increase in revenue for the second quarter of 2025, driven by strong performance across all business segments. The EBITDA margin improved to 46.8%, a 3.1 percentage point increase, due to a focus on value-driven products and cost management. Net profit rose by 25.1%. The Board of Directors approved an interim cash dividend of AED 0.24 per share, a 20% increase from the previous year. The company saw subscriber growth in both Mobile (10.8%) and Fixed (12.0%) segments. For 2025, du expects revenue growth between 6-8% and an EBITDA margin of 45-47%. The company is investing in future growth, including deploying a hyperscale datacentre with Microsoft and launching the National Hypercloud platform.
The document is a review report and condensed consolidated financial statements for Emirates Integrated Telecommunications Company PJSC and its subsidiaries, covering the six-month period ending on June 30, 2025.