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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on SUKOON shares starting from 9:30 AM as its BOD meeting is being held today, 29-10-2025 and until results are disclosed
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Dubai Financial Market News

News Update From National Cement Company (P.S.C.)

Disclosure: BOD meeting

The National Cement Company has scheduled a board meeting on Tuesday, November 4, 2025, at 2:00 PM. The agenda includes the approval of the previous meeting's minutes, discussion of the company's financial statement for the third quarter ending September 30, 2025, discussion of the company's business, and other related matters. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority. The message is from Mohammed Abdulla Ahmed Al Ghurair, General Manager of the National Cement Company.

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

1. Attached Document

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit of AED 139 million, a 162% increase from the previous year. Revenue grew by 32% to AED 513 million, supported by improved operational efficiency and subsidiary contributions. The company achieved AED 455 million in cash balances, the highest in years, and reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position. Union Properties sold AED 2.7 billion in assets, strengthening its liquidity and balance sheet, with total assets at AED 4.5 billion and total equity at AED 3.3 billion. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, its subsidiary ServeU LLC acquired the Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months.

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Press release regarding financial results for the 3rd QTR of 2025

Dubai Islamic Bank (DIB) reported record revenues of AED 9.7 billion for the first nine months of 2025, with a 10% year-over-year increase in pre-tax profit to AED 6.6 billion. The bank's total assets grew by 14% year-to-date, reaching AED 393 billion, nearing the AED 400 billion mark. Customer deposits rose by 21% year-to-date, surpassing AED 300 billion. DIB's asset quality improved, with a low non-performing financing (NPF) ratio and high coverage ratio. The bank achieved a 6% year-over-year increase in operating revenue, driven by growth in non-funded income, higher business volumes, and stable margins. Impairment charges decreased by 45% year-over-year, reflecting effective risk management. The cost-to-income ratio was 28.7%, indicating operational efficiency.

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Financial statements for the 3rd QTR of 2025

The text refers to a review report and the condensed consolidated interim financial information of Dubai Islamic Bank P.J.S.C. for the nine-month period ending on September 30, 2025.

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Results of BOD Meeting

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Detailed Analysis Accumulated Losses

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Press release regarding financial results for the … QTR of YYYY

Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit increase of 162% to AED 139 million and a revenue increase of 32% to AED 513 million compared to the same period in 2024. The company achieved a significant milestone with AED 455 million in cash balances, marking its strongest liquidity position in years. It also reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position for the first time in recent history. Union Properties sold AED 2.7 billion in assets and expects to collect AED 721 million in receivables by December 2026, bolstering its financial foundation. Total assets reached AED 4.5 billion, and total equity increased to AED 3.3 billion after a share capital reduction. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, Union Properties' subsidiary ServeU LLC acquired Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months, and expanding the workforce to 17,000 employees.

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Dubai Financial Market News

News Update From Union Properties PJSC

Disclosure: Results of BOD Meeting

1. Attached Document