Latest Threads on News from companies
Threads on regulatory news from companies
Threads on regulatory news from companies
Dubai Investments reported a net profit after tax attributable to shareholders of AED 289.24 million for Q2 2024, a 78% increase from the previous year when adjusted for one-off gains. For the first half of 2024, the net profit was AED 409.20 million, an 83% increase on the same basis. The Group's total assets rose to AED 21.82 billion, while equity attributable to owners slightly decreased to AED 13.34 billion. Key highlights include the progress on the Danah Bay project, the launch of Violet Tower, and the acquisition of Carnation Education LLC by Al Mal Capital REIT. The Vice Chairman and CEO, Khalid Bin Kalban, attributed the strong performance to effective business strategies and a robust property sector. The Group remains optimistic about maintaining its performance and expanding its investment footprint.
Al Ansari Financial Services has announced its financial results for the full year 2023 and released its earnings for the first half of 2024.
Resolution No. (466) of 2024 concerns the temporary suspension of trading in the shares of Gulf Investment House Company on the Abu Dhabi Securities Exchange (ADX). The suspension is due to a Board of Directors meeting scheduled for 14:00 on August 14, 2024, which coincides with the trading session. Trading will be suspended from 14:00 on that date until ADX receives the meeting results. The resolution mandates that all relevant ADX departments execute the suspension and that the resolution be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on August 9, 2024.
Al Ansari Financial Services PJSC and its subsidiaries have released their review report and condensed interim consolidated financial statements for the six-month period ending on June 30, 2024, covering the second quarter of 2024.
MBME Group P.J.S.C., based in Abu Dhabi, United Arab Emirates, has released the auditor's review report on its condensed interim financial information for the period ending June 30, 2024.
The document is a review report and condensed interim financial information for Abu Dhabi National Takaful Company P.S.C. for the six-month period ending on 30 June 2024.