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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
16 days ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on ITHMR shares starting from 12:45 PM after disclosing their financial statements for the year of 2025. The Resume-Auction session (no-matching) will be 5 minutes
Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Ithmaar Holding B.S.C
Disclosure: Preliminary financial results for the year of 2025

The preliminary results for the year ending December 31, 2025, for Ithmaar Holding B.S.C. have been released. The company, established on August 13, 1984, has a paid-up and subscribed capital of 3,030,755,027 shares at $0.25 per share, totaling $757,688,757 (AED 2,782,687,729). The authorized capital is 8,000,000,000 shares at $0.25 per share, amounting to $2,000,000,000 (AED 7,345,200,000). The Chairman of the Board is HRH Prince Amr Mohammed Al Faisal, and the Group Chief Executive Officer is Maysan Almaskati. The external auditor is KPMG Fakhro. The company's mailing address is Seef Tower, Building 2080, Road 2825, Al Seef District 428, P.O. Box 2820, Manama, Kingdom of Bahrain. Contact details include a telephone number +973 1758 4000, fax +973 1758 4017, and email info@ithmaarholding.com.

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Ithmaar Holding B.S.C
Disclosure: Detailed Analysis Accumulated Losses

The document is prepared in line with the SCA Board of Directors' Decision No. (32/R.M.) of 2019, addressing companies with shares listed on the market whose accumulated losses are 20% or more of their paid-up capital. Compliance with the decision is mandatory when losses reach 50% or more. Ithmaar Holding B.S.C. reported financial statements for Q4 2025, showing accumulated losses of USD 827.64 million, which is 109% of the paid-up capital. The losses initially reached 68.8% in December 2016 due to impairment provisions from non-core investments during financial crises. In 2018, early adoption of FAS30 led to additional impairments, raising losses to 98%. In 2020, losses increased by $87.5 million due to COVID-19's economic impact. Subsequent years saw fluctuations with decreases in 2021 and 2024 due to net income, and increases in 2022 and 2023 due to net losses. By 2025, losses slightly decreased by $1.01 million due to net profit. The document provides a detailed analysis of losses, especially when they exceed 50% of the company's capital.

1. Disclosure: Detailed Analysis Accumulated Losses

Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Ithmaar Holding B.S.C
Disclosure: Financial statements for the year of 2025

1. Disclosure: Financial statements for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ITHMR shares for not submitting their financial statements for the year of 2025
Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Islamic Bank
Disclosure: Result of Earnings Call

1. Disclosure: Result of Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Taxi Company PJSC
Disclosure: Preliminary financial results for the year of 2025

The Dubai Taxi Company PJSC, established on November 9, 2023, has a paid-up, subscribed, and authorized capital of AED 100,000,000. The company is chaired by H.E. Abdul Muhsen Ibrahim Kalbat, with Mr. Mansoor Rahma Juma Abdulla Alfalasi serving as the CEO. Deloitte & Touche (M.E.) is the external auditor. For the year ending December 31, 2025, the company reported total assets of AED 2,393,707,000, shareholders' equity of AED 474,828,000, revenue of AED 2,474,161,000, operating profit of AED 443,041,000, and a profit for the year of AED 356,071,000. Earnings per share stood at AED 0.14.

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on MAZAYA shares starting from 2:30 PM (UAE Time) as its BOD meeting is being held today, 12-02-2026 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on ASNIC shares starting from 12:00 PM as its BOD meeting is being held today, 12-02-2026 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
16 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on UFC shares starting from 12:00 PM as its BOD meeting is being held today, 12-02-2026 and until results are disclosed
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