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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
2 years ago
News Update From Al Ramz Corporation Investment and Development PJSC
Disclosure: Press release

Al Ramz Corporation PJSC, a financial services institution in Dubai, announced its 2024 financial results, highlighting strategic investments and foundational growth. The company reported a net profit of AED 16 million and a 24% increase in total assets, reaching AED 1.5 billion. The customer base grew by 190%, with client funds rising by 19%. Despite a decline in net profit, revenue remained strong at AED 100 million. The year was marked by the launch of a proprietary social trading platform, enhancing the trading experience through advanced technology. The firm expanded its market reach with innovative products and a focus on financial inclusion, resulting in significant growth in new markets and user engagement.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Al Ramz Corporation Investment and Development PJSC
Disclosure: Financial statements for the 4th QTR of 2024

1. Disclosure: Financial statements for the 4th QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Central Cooling Co.
Disclosure: Notification from the company

Sean Magee, the Board Secretary, informed H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority, and H.E. Hamed Ahmad Ali, CEO of the Dubai Financial Market, about the pricing of USD 700 million green sukuk by the National Central Cooling Company PJSC ("Tabreed"). These sukuk are issued in a Regulation S format with a five-year tenor and a profit rate of 5.279%. The issuance is supported by investment-grade credit ratings from Moody's and Fitch, rated "Baa3" and "BBB" respectively. The proceeds will be used to finance or refinance projects aligned with Tabreed’s Green Financing Framework. The sukuk is expected to be settled this week.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Al Ramz Corporation Investment and Development PJSC
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From NAEEM Holding For Investments EJSC
Disclosure: corporate governance NAEEM 2024

1. Disclosure: corporate governance NAEEM 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From NAEEM Holding For Investments EJSC
Disclosure: Press release regarding financial results for the 4 QTR of 2024

1. Disclosure: Press release regarding financial results for the 4 QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From NAEEM Holding For Investments EJSC
Disclosure: Detailed Analysis Accumulated Losses

1. Disclosure: Detailed Analysis Accumulated Losses

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Taaleem Holdings PJSC
Disclosure: BOD meeting

A letter dated 3 March 2025 from Alan Williamson, CEO of Taaleem Holding PJSC, is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The letter informs him about a Board of Directors meeting scheduled for 5 March 2025 at 3:00 pm, to be held at the company's office and via remote attendance. The meeting will cover routine business issues, company activities, and any other matters approved by the Chairman. A copy of the letter is also sent to the Securities and Commodities Authority.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From NAEEM Holding For Investments EJSC
Disclosure: Financial statements for the 4th QTR of 2024

1. Disclosure: Financial statements for the 4th QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From NAEEM Holding For Investments EJSC
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

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