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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
6 months ago
News Update From Takaful Emarat (PSC)
Disclosure: Results of BOD Meeting

On August 6, 2025, a board meeting for Takaful Emarat Insurance PSC was held via MS Teams from 3:00 PM to 4:00 PM. The meeting was attended by four board members, achieving a quorum of 57%. During the meeting, the board approved the company's unaudited interim condensed consolidated financial statements for the second quarter ending June 30, 2025, and discussed business updates and other routine matters. The meeting details were authorized by Adnan Sabaalaish, the Acting Chief Executive Officer.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From ORIENT Insurance PJSC
Disclosure: Financial statements for the 2nd QTR of 2025

The document is a review report and interim condensed consolidated financial statements for Orient Insurance PJSC and its subsidiaries, dated 30 June 2025. The financial statements are unaudited.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From ORIENT Insurance PJSC
Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From EMAAR DEVELOPMENT PJSC
Disclosure: Financial statements for the 2nd QTR of 2025

The document is the unaudited interim condensed consolidated financial statements of Emaar Development PJSC and its subsidiaries for the period ending June 30, 2025.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Emaar Properties PJSC
Disclosure: Financial statements for the 2nd QTR of 2025

The document is the unaudited interim condensed consolidated financial statements of Emaar Properties PJSC and its subsidiaries for the period ending June 30, 2025.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Union Coop
Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Disclosure of material information

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From EMAAR DEVELOPMENT PJSC
Disclosure: Press release regarding financial results for the first half of 2025

Emaar Development reported significant growth in the first half of 2025, with a 37% increase in property sales reaching AED 40.6 billion (US$ 11 billion) and a 59% rise in backlog to AED 117.7 billion (US$ 32 billion). Revenue grew by 35% to AED 10 billion (US$ 2.7 billion), while EBITDA increased by 47% to AED 5 billion (US$ 1.4 billion), maintaining a 50% margin. Net profit before tax rose by 50% to AED 5.5 billion (US$ 1.5 billion), with a net margin of 55%. The company launched 25 new projects, reinforcing its market position. Emaar emphasizes customer satisfaction and sustainable practices. Founder Mohamed Alabbar highlighted the company's resilience and commitment to innovation, sustainability, and shaping the future of urban living.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
6 months ago
News Update From Emaar Properties PJSC
Disclosure: Press release regarding financial results for the first half of 2025

Emaar Properties PJSC reported strong financial performance for the first half of 2025, with property sales increasing by 46% to approximately AED 46 billion (US$ 12.5 billion) and a backlog growth of 62% to AED 146.3 billion (US$ 39.8 billion). Revenue rose by 38% to AED 19.8 billion (US$ 5.4 billion), and EBITDA increased by 30% to AED 10.4 billion (US$ 2.8 billion). Net profit before tax also grew by 34% to AED 10.4 billion (US$ 2.8 billion). The company attributes its success to strong brand equity, demand for its communities, and a focused strategy. Emaar's credit ratings were upgraded by S&P Global and Moody’s, reflecting its operational excellence and sustained performance. The company is committed to customer satisfaction, talent development, cost efficiency, and advancing its sustainability initiatives.

1. Attached Document

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Dubai Financial Market News
6 months ago
News Update From Alliance Insurance
Disclosure: BOD meeting

1. Attached Document

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