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The document is the interim condensed financial information for Emirates Investment Bank P.J.S.C. for the three-month period ending on March 31, 2025.
Dubai Investments PJSC reported a 52% increase in profit before tax for Q1 2025, reaching AED 185 million, up from AED 122 million in the same period last year. This growth was mainly due to higher rental income and stable occupancy in its property segment. The company's total income rose to AED 823 million, and total assets increased to AED 22.27 billion as of March 31, 2025. Vice Chairman and CEO Khalid Bin Kalban attributed the strong performance to the company's strategic vision and diversified portfolio, particularly in the real estate sector. Dubai Investments plans to continue expanding in real estate with projects like Danah Bay, Violet Tower, and Asayel Avenue. The company is also focusing on diversifying its income streams and exploring opportunities in other sectors to ensure sustainable growth.
The National Central Cooling Company (Tabreed) will hold an earnings call on 14th May 2025 at 3:00 pm to discuss the financial results for the period ending 31st March 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.
GFH Financial Group B.S.C. has announced a webcast for its financial results for the first quarter of 2025, covering the period ending on March 31, 2025. The webcast is scheduled for Wednesday, May 14, 2025, at 1:00 pm Bahrain time. Shareholders and investors are invited to participate. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering, and includes a registration link for the webcast.