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The document is a formal communication from Al Firdous (P.J.S.C.) regarding the outcomes of a Board of Directors' meeting held on June 12, 2025. The key decisions include the approval of the financial report for the year ending March 31, 2025, the decision not to distribute meeting attendance allowances to board members, and the instruction for Sheikh Khaled Zayed S. Al Nahyan, the Chairman, to take necessary actions to convene a General Assembly meeting. A copy of the communication is also sent to the Security and Commodities Authority.

The document is the consolidated financial statements for Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, as of March 31, 2025. It includes an independent auditor's report.

On June 11, 2025, GFH Financial Group B.S.C. issued a clarification regarding rumors circulating on social media about a potential merger with Shuaa Capital. GFH stated that these rumors are false, confirming that there are no discussions or agreements regarding such a merger, and no negotiations or arrangements have been made with Shuaa Capital. There is no impact from this clarification, and there are no previous relevant disclosures. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Dubai Investments PJSC has renewed its agreement with xCube LLC to continue as the Liquidity Provider for its shares. This move aligns with Dubai Investments' strategy to enhance shareholder value and market performance by improving the tradability of its shares. Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, emphasized the commitment to market liquidity and long-term shareholder value, noting an increase in trading activity and investor confidence. Saad Chalabi, CEO of xCube, highlighted the effectiveness of their data-driven approach to liquidity provision. Dubai Investments, established in 1995, is a diversified investment group in the UAE, managing a broad portfolio of businesses across various sectors.

S&P Global Ratings and Moody's have upgraded Emaar Properties' credit ratings due to its strong financial performance and robust revenue visibility. S&P raised Emaar's long-term issuer credit rating to BBB+ with a stable outlook, while Moody's upgraded it to Baa1 with a stable outlook. These upgrades apply to Emaar's senior unsecured debt as well. As of March 2025, Emaar reported a revenue backlog of approximately AED 127 billion, indicating strong revenue and cash flow visibility through 2028. S&P's decision was influenced by Emaar's record-high backlog and healthy presales in the UAE, along with a net cash position and low leverage. Moody's noted a significant reduction in Emaar's adjusted debt and a decrease in the debt-to-equity ratio from 2020 to March 2025. Mohamed Alabbar, Emaar's Founder, expressed pride in the recognition from the rating agencies, attributing it to the company's strategic strength, asset quality, and disciplined financial management.