Latest Threads on News from companies

Dubai Insurance Company held a Board of Directors meeting on July 31, 2025, at 11:00 am at the company's headquarters. The meeting's agenda included ratifying the minutes from the previous meeting held on May 12, 2025, and approving the financial statements for the second quarter of 2025. The communication is signed by Sahem Abdel Haq, Head of Legal.

Deyaar Development (P.J.S.C) has released its review report and unaudited interim condensed consolidated financial statements for the period ending 30 June 2025.

Deyaar reported a net profit before tax of AED 266.6 million for the first half of 2025, marking a 31.6% increase compared to the same period in 2024. The company's revenue for this period reached AED 925.4 million, representing a 39.2% year-over-year increase. Total assets grew by 7.5% to AED 7,342.8 million, and earnings per share rose by 33.1% to 5.74 fils. Key announcements include the launch of the "Downtown Residences," a significant residential project in the UAE, and a strong outlook for the second half of the year, supported by the completion of five major projects and a focus on operational efficiency.