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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 National Cement Company (P.S.C.)
Disclosure: BOD meeting

The National Cement Company PSC has scheduled a board meeting on Tuesday, August 12, 2025, at 12:00 PM. The agenda includes the approval of the previous meeting's minutes, discussion of the company's financial statement for the second quarter ending June 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 letter is signed by Mohammed Abdulla Ahmed Al Ghurair, the General Manager of the National Cement Company.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Islamic Bank
Disclosure: Postponing of Earnings Call Meeting

1. Disclosure: Postponing of Earnings Call Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ORIENTTKAFUL shares starting from 9:30 AM as its BOD meeting is being held today, 04-08-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ALRAMZ shares starting from 1:00 PM as its BOD meeting is being held today, 04-08-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 04/08/2025 is the last trading date to entitle for NIH’s bonus shares
Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on EMPOWER shares starting from 10:30 AM as its BOD meeting is being held today, 04-08-2025 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From GFH Financial Group B.S.C.
Disclosure: Earnings Call

GFH Financial Group B.S.C. announced that it will host a webcast for its second quarter 2025 financial results on Thursday, August 14, 2025, at 1:00 pm Bahrain time. The webcast will cover the financial period ending June 30, 2025. Shareholders and investors are invited to attend. Mariam Jowhary, Head of Compliance and Anti-Money Laundering, has signed the announcement.

1. Disclosure: Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
7 months 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
7 months 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
7 months 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

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