InvestorAct
InsightsStocks

InvestorAct

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

Sector

  • Financials
  • Real Estate
  • Utilities
  • Materials
  • Communication Services
  • PrJSC
  • Industrials
  • Consumer Discretionary
  • Consumer Staples

Social Media

  • Follow us on Instagram

Latest Threads on News from companies

Threads on regulatory news from companies

Previous
Page 593
Next
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C Press Release on the Financial Results for the Period Ended June 30,2024

GFH reported an 11.2% increase in net profit attributable to shareholders for the first half of 2024, totaling US$60.75 million. Total income for the first half of 2024 was US$332.23 million, up 53.7% year-over-year, while earnings per share (EPS) rose 9.7% to 1.70 US cents. For Q2 2024, total income was US$169.26 million, a 52.3% increase year-over-year, with net profit attributable to shareholders at US$33.61 million, up 9.8%, and EPS at 0.94 US cents, up 9.3%. Key highlights include: - Strong double-digit income growth of 52.3% YoY for Q2 and 53.7% YoY for the first half of the year. - Early exit from a joint investment in Citrix with Carlyle, 18 months ahead of the projected timeline. - Al Qasimi becoming a major shareholder and BHM appointed as a market maker for the Group’s shares in UAE markets. - A 154.6% YoY growth mainly from income generated from the sale of real estate assets, including the Group’s investment in Charthouse Bahrain. - Fitch Ratings affirmed the Group’s Long- and Short-Term Issuer Default Ratings (IDR) at 'B', with a Stable outlook on the Long-Term IDR.

1. Disclosures: GFH Financial Group B.S.C Press Release on the Financial Results for the Period Ended June 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From GFH Financial Group B.S.C
Disclosures: GFH Financial Group B.S.C Board Meeting Results held on 12/08/2024 at 15:00

GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Monday, August 12, 2024, at 2:00 PM Bahrain time. During the meeting, the board discussed and approved the financial results for the second quarter of 2024, for the period ending June 30, 2024, as well as other internal matters. The financial results for the second quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosures: GFH Financial Group B.S.C Board Meeting Results held on 12/08/2024 at 15:00

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: BOD meeting

Dubai Islamic Insurance & Reinsurance – AMAN PJSC has scheduled a board meeting on 14.08.2024 at 6:00 PM. The agenda includes approving the minutes of the previous Board of Directors meeting (1-2024), discussing and approving the financial statements as of 30.06.2024, and addressing any other business matters. The form is signed by CEO Rached Diab on 12.08.2024.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: BOD meeting

Dubai Islamic Insurance & Reinsurance – AMAN PJSC has scheduled a board meeting on August 14, 2024, at 6:00 PM. The agenda includes approving the minutes of the previous Board of Directors meeting (1-2024), discussing and approving the financial statements as of June 30, 2024, and addressing any other business matters. The document is signed by Rached Diab, the CEO, on August 12, 2024.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Emaar Properties PJSC
Disclosure: Financial statements for the 2n QTR of 2024

Emaar Properties PJS C and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending June 30, 2024.

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From EMAAR DEVELOPMENT PJSC
Disclosure: Financial statements for the 2n QTR of 2024

Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending June 30, 2024.

1. Disclosure: Financial statements for the 2n QTR of 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From The National Investor PRJSC
ADX Disclosures: Temporary suspension of trading on the shares of The National Investor PRJSC on 13 Aug 2024

The Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX), Abdulla Salem AlNuaimi, issued Resolution No. 471, which mandates the suspension of trading for The National Investor PRJSC shares starting from August 13, 2024, until further notice. This decision is in accordance with Articles 10/11 and 38 of the ADX Listing and Disclosure Rules. All ADX departments are instructed to implement this resolution, and it will be circulated to the respective company and brokers, becoming effective from the issuance date of August 12, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of The National Investor PRJSC on 13 Aug 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Air Arabia PJSC
Disclosure: Financial statements for the 2n QTR of 2024

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Air Arabia PJSC
Disclosure: BOD meeting

The Air Arabia Board of Directors held a meeting on Monday, August 12, 2024, at 3:00 PM. During this meeting, the board approved the financial statements for the second quarter of 2024. This information was disclosed earlier. Regards, Abdelrahman Bin Taliah Director of Corporate & Government Affairs

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Air Arabia PJSC
Disclosure: Press release regarding financial results for the 2nd Quarter of 2024

Air Arabia reported a net profit of AED 427 million for the second quarter of 2024, which is a 7% decrease from AED 459 million in the same period in 2023. The airline achieved a turnover of AED 1.65 billion, a 19% increase compared to the second quarter of the previous year. Over 4.5 million passengers traveled with Air Arabia between April and June 2024, a 19% increase from the 3.8 million passengers in the same quarter of the previous year. The average seat load factor rose by 3% to 79%. The airline added 16 new routes in the first half of 2024, with turnover surpassing AED 3.19 billion. Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, attributed the solid net profit to robust passenger demand and revenue growth.

1. Disclosure: Press release regarding financial results for the 2nd Quarter of 2024

Previous
Page 593
Next