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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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Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Deyaar Development PJSC
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 Abu Dhabi Aviation Co.
ADX Disclosures: Temporary suspension of trading on the shares of Abu Dhabi Aviation Co. on 07 Nov 2024

Resolution No. 495 of 2024 announces the temporary suspension of trading for Abu Dhabi Aviation Co. shares on the Abu Dhabi Securities Exchange (ADX). This suspension will occur from 13:00 on November 7, 2024, coinciding with the company's Board of Directors meeting, and will remain in effect until ADX receives the meeting results. The resolution mandates that all ADX department heads implement this decision in their respective areas. Additionally, the resolution will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all accredited brokers. The resolution has been approved by the authorized person and was issued on November 1, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Abu Dhabi Aviation Co. on 07 Nov 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From RAK Properties
ADX Disclosures: Temporary suspension of trading on the shares of RAK Properties on 06 Nov 2024

Resolution No. (494) of 2024 mandates the temporary suspension of trading in RAK Properties shares on the Abu Dhabi Securities Exchange (ADX) from 13:00 on November 6, 2024, until the results of a Board of Directors meeting are received. This decision is in accordance with Article No. (16) of the regulations concerning securities listing on ADX. All relevant ADX departments and brokers are instructed to implement this resolution, which has been approved by the authorized person and will be circulated to the Securities and Commodities Authority (SCA), the concerned company, and all relevant parties. The resolution was issued on November 1, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of RAK Properties on 06 Nov 2024

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 BHMCAPITAL shares starting from 9:30 AM as its BOD meeting is being held today, 01-11-2024 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: Suspend trading on ORIENTTKAFUL shares starting from 9:30 AM as its BOD meeting is being held today, 01-11-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From TECOM GROUP P.J.S.C.
Disclosure: Press release regarding financial results for the 3rd QTR of 2024

TECOM Group reported a 23% year-on-year increase in net profit for the first nine months of 2024, reaching AED 943 million, driven by record revenues of AED 1.7 billion, a 10% increase from the previous year. The company's EBITDA rose by 13% to AED 1.4 billion due to increased revenues and operational efficiencies. Funds from operations increased by 20% to over AED 1.2 billion, while total investments in commercial and industrial assets surpassed AED 2.7 billion. In the third quarter, TECOM achieved a 12% rise in revenue to AED 611 million and a 20% increase in net profit to AED 340 million.

1. Disclosure: Press release regarding financial results for the 3rd QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From BHM Capital Financial Services PSC
Disclosure: Press release

BHM Capital Financial Services has been appointed as the liquidity provider for ADNH Catering shares on the Abu Dhabi Securities Exchange (ADX). This partnership aims to improve liquidity, enhance price stability, and facilitate efficient transactions for investors. BHM Capital will enter two-way daily quotes into the market's trading systems, complying with ADX and UAE Securities and Commodities Authority regulations. CEO Abdel Hadi Al Sa’di expressed pride in this role, emphasizing the company's commitment to market efficiency and investor confidence. BHM Capital is a leading financial institution in the UAE, offering services to individual and corporate investors.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Salik Company PJSC
Disclosure: Notification from the company

Salik Company (PJSC) has announced that two new toll gates, the "Business Bay Gate" and the "Al Safa South Gate," will begin operations on Sunday, November 24, 2024. This follows a disclosure by Salik's Board of Directors on August 28, 2024. For further details, individuals are encouraged to visit the Salik website.

1. Disclosure: Notification from the company

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Invest Bank
Disclosures: Invest Bank Announcement of Board Meeting to be held on 06/11/2024 at 13:00

1. Disclosures: Invest Bank Announcement of Board Meeting to be held on 06/11/2024 at 13:00

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