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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
7 months ago
News Update From United Foods Company (PSC)
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Union Properties PJSC
Disclosure: Press release

ServeU, a subsidiary of Union Properties, has acquired House Keeping (LLC) and its subsidiaries in a deal worth AED 100 million. This acquisition aims to enhance ServeU's market position as a leading facilities management provider in the UAE. With over 8,900 employees, ServeU manages various properties, including residential, commercial, and government facilities. The acquisition is part of ServeU's strategy to improve operational capabilities and service quality. House Keeping, the UAE's second-largest provider in its segment, brings expertise and a strong client network, with significant revenues and EBITDA reported for 2024. Under the acquisition terms, House Keeping will maintain its brand identity but will be under ServeU's ownership and oversight. This move is expected to positively impact ServeU's financial performance.

1. Disclosure: Press release 2. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Islamic Arab Insurance Company
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Islamic Bank
Disclosure: DIB Management Discussion and Analysis Report for the Period Ended June 30,2025

1. Disclosure: DIB Management Discussion and Analysis Report for the Period Ended June 30,2025

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Islamic Bank
Disclosure: Financial statements for the 2nd QTR of 2025

Dubai Islamic Bank P.J.S.C. has released a review report and condensed consolidated interim financial information for the six-month 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
7 months ago
News Update From Dubai Islamic Bank
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Al Salam Bank B.S.C
Disclosure: Press release

ONE App, supported by Al Salam Bank, has launched an integrated e-marketplace in Bahrain, featuring a Buy Now, Pay Later (BNPL) option. This development aims to enhance the retail experience by allowing local merchants to display their products on the app, providing users with a convenient shopping experience. The BNPL feature enables clients to make interest-free purchases and pay in three monthly installments without requiring paperwork or salary transfers. Merchants benefit from a self-service onboarding process, the ability to offer installment plans, and tools to monitor sales performance. Haitham Al Haddad, General Manager of ONE App, highlighted the initiative's role in simplifying financial services and enhancing retail in Bahrain. The launch aligns with ONE App's strategy to be a leading digital platform, focusing on accessibility and convenience to support economic participation and digital transformation in the region. Users can learn more by visiting the ONE App website or downloading the app.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From National Industries Group Holding (S.A.K.)
Disclosure: Financial statements for the 2nd QTR of 2025

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

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From National Industries Group Holding (S.A.K.)
Disclosure: Earnings Call

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From National Industries Group Holding (S.A.K.)
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

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