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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From BURJEEL HOLDINGS PLC
ADX Disclosures: BURJEEL Resumption Notice

Burjeel Holdings PLC has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024. These statements are unaudited.

1. ADX Disclosures: BURJEEL Resumption Notice

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Waha Capital Company
ADX Disclosures: WAHA Resumption Notice

The document is the report and interim condensed consolidated financial statements for Wahacapital, covering the nine-month period ending on September 30, 2024.

1. ADX Disclosures: WAHA Resumption Notice

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on DEYAAR shares starting from 12:40PM as its BOD meeting is being held today, 06-11-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on NCC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Agility The Public Warehousing Company (K.S.C.)
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Drake & Scull International P.J.S.C
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group Board Meeting Results held on 06/11/2024 at 16:00

Agthia Group PJSC held a virtual Board of Directors meeting on November 6, 2024. During the meeting, the Board approved the reviewed financial statements for the period ending September 30, 2024, along with the Management Discussion & Analysis Report. Additionally, the Board discussed other routine business matters. The meeting details were communicated to the Abu Dhabi Securities Exchange and the Securities and Commodities Authority.

1. Disclosures: AGTHIA Group Board Meeting Results held on 06/11/2024 at 16:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group Press Release on the Financial Results for the Period Ended September 30,2024

Agthia Group PJSC reported solid financial results for the first nine months of 2024, with a 10.3% year-on-year increase in net revenue to AED 3.6 billion, driven by growth across all business segments. The Group's EBITDA rose by 15.5% and net profit by 24.0%, with improvements in margins due to operational efficiencies and disciplined cost management. Despite currency devaluation in Egypt, adjusted revenue growth was 18.4%. The Snacking segment saw a 14.2% revenue increase, led by coffee sales, while Protein & Frozen recorded a modest 1.1% growth, significantly impacted by currency devaluation but showing strong growth when adjusted for this factor. The Water & Food segment grew by 5.8%, bolstered by premiumization and innovation in the water category, and the closure of the loss-making Yoplait Dairy Business. Agri-Business achieved an 18.3% revenue increase, driven by volume growth in Animal Feed. Agthia maintains its full-year guidance of 10%-12% revenue growth, with expectations of further margin improvements.

1. Disclosures: AGTHIA Group Press Release on the Financial Results for the Period Ended September 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From AGTHIA Group
Disclosures: AGTHIA Group Board Meeting Results held on 06/11/2024 at 16:00

Agthia Group PJSC held a Board of Directors meeting on November 6, 2024, via virtual conference. During the meeting, the Board approved the reviewed financial statements for the period ending September 30, 2024, along with the Management Discussion & Analysis Report. Additionally, other routine business matters were discussed. The meeting details were communicated to the Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority in Abu Dhabi.

1. Disclosures: AGTHIA Group Board Meeting Results held on 06/11/2024 at 16:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ship Building Co.
Disclosures: ADSB and SIATT Form Strategic Partnership to Equip RABDAN FA-400 with MANSUP Surface-to-Surface Missile Launcher

Abu Dhabi Ship Building PJSC (ADSB) has formed a strategic partnership with Brazilian company SIATT to integrate the MANSUP Surface-to-Surface Missile launcher onto the newly launched RABDAN FA-400 Fast Attack vessel. This collaboration, announced at Euronaval 2024 in Paris, enhances the vessel's strike capabilities with a precise, long-range missile system. Both companies are part of the EDGE Group, which owns a 50% stake in SIATT. The integration of the missile system is being done at no additional cost. ADSB CEO David Massey emphasized the enhancement of the RABDAN FA-400's capabilities, while SIATT highlighted the partnership as a key milestone in expanding its presence in the UAE's defense sector. The RABDAN FA-400, equipped with the MANSUP missile system, will be showcased at the Naval Defence Exhibition & Conference (NAVDEX) in February 2025. ADSB is a leader in the construction and maintenance of naval and commercial vessels and aims to make a global impact with innovative solutions.

1. Disclosures: ADSB and SIATT Form Strategic Partnership to Equip RABDAN FA-400 with MANSUP Surface-to-Surface Missile Launcher

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