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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
a year ago
News Update From Ithmaar Holding B.S.C
Disclosure: Detailed Analysis Accumulated Losses

This document has been prepared following the disclosure requirements set by the SCA Board of Directors' Decision No. (32/R.M.) of 2019, which outlines procedures for companies listed on the market with accumulated losses of 20% or more of their paid-up capital. Companies must comply with the provisions when their accumulated losses reach 50% or more of their paid-up capital. As of August 3, 2025, Ithmaar Holding B.S.C. reported its financial statements for Q2 2025, showing accumulated losses valued at USD 827.07 million, which is 109% of its paid-up capital. The accumulated losses initially amounted to 68.8% of the paid-up capital in December 2016, primarily due to impairment provisions from non-core investments during financial crises. In 2018, early adoption of FAS30 led to increased impairment provisions, raising the accumulated losses to 98%. In 2020, the losses increased by $87.5 million due to the economic impact of COVID-19. However, in 2021, losses decreased by $35.0 million due to net income attributable to shareholders. In 2022 and 2023, losses increased by $29.9 million and $9.3 million, respectively, due to net losses attributable to shareholders. In 2024, losses decreased by $9.4 million, and in 2025, by $1.58 million, mainly due to net profits attributable to shareholders.

1. Disclosure: Detailed Analysis Accumulated Losses

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Ithmaar Holding B.S.C
Disclosure: Financial statements for the 2nd QTR of 2025

Ithmaar Holding B.S.C. has released its condensed consolidated interim financial information for the period ending on June 30, 2025.

1. Disclosure: Financial statements for the 2nd QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Ithmaar Holding B.S.C
Disclosure: Results of BOD Meeting

Ithmaar Holding B.S.C. announced that its Board of Directors approved the financial results for the period ending 30 June 2025 during a meeting held on Sunday, 3 August 2025, at 2:00 pm.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From AMANAT HOLDINGS PJSC
Disclosure: Results of Board Decisions by Passing

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: DFM Regulated Short Sell – Weekly Summary – July

The weekly trading summary for DFM Regulated Short Sell Transactions from 28th July 2025 to 01st August 2025 reports no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and related documents available on their website. The information provided is subject to change, and DFM is not liable for any loss resulting from the use of this information.

1. DFM News: DFM Regulated Short Sell – Weekly Summary – July

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Takaful Emarat (PSC)
Disclosure: BOD meeting

Takaful Emarat Insurance (P.S.C), a public shareholding company registered in Dubai, UAE, is subject to Federal Law No. 48 of 2023. The company is listed under insurance companies with registration number 86 since October 14, 2008. The company is planning a board meeting on Wednesday, August 6, 2025, at 3:00 PM UAE time via MS Teams. The agenda includes discussing the approval of the company's unaudited interim condensed consolidated financial statements for the second quarter ending June 30, 2025, along with business updates and other matters. The meeting details and agenda were authorized by Adnan Sabaalaish, the Acting Chief Executive Officer, on August 1, 2025.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From BHM Capital Financial Services PSC
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From BHM Capital Financial Services PSC
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From EMAAR DEVELOPMENT PJSC
Disclosure: Notice Regarding the Date of Disclosure of the Financial Statements for the Period Ending June 2025

Emaar Development PJSC has announced that it will disclose its financial statements for the period ending June 2025 on Wednesday, August 6, 2025, after trading hours.

1. Disclosure: Notice Regarding the Date of Disclosure of the Financial Statements for the Period Ending June 2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emaar Properties PJSC
Disclosure: Notice Regarding the Date of Disclosure of the Financial Statements for the Period Ending June 2025

Emaar Properties PJSC has announced that it will release its financial statements for the period ending June 2025 on Wednesday, August 6, 2025, after trading hours. The announcement was made by Adnan Alameeri, the Company Secretary.

1. Disclosure: Notice Regarding the Date of Disclosure of the Financial Statements for the Period Ending June 2025

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