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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
a year ago
News Update From Dubai Electricity & Water Authority PJSC
Disclosure: Integrated report for the year 2024

1. Disclosure: Integrated report for the year 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Agility The Public Warehousing Company (K.S.C.)
Disclosure: Notification from the company

Agility Public Warehousing Company has announced that it has refinanced a portion of its existing credit facilities, increasing the amount from $233 million to $280 million with a new tenure of five years. This refinancing follows a previous disclosure made on January 8, 2023. The additional amount will be reflected in the company's liabilities when used, but there is no material impact on the company's financial position at this time.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Orient Takaful PJSC
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From ARAMEX PJSC
Disclosure: Notification from the company

Aramex PJSC announced an update on the voluntary conditional cash offer from Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC (ADQ), to acquire the remaining shares of Aramex not held by Abu Dhabi Ports Company PJSC. The update, received on March 10, 2025, details the results of the offer. Q Logistics will continue accepting shares from Aramex shareholders who did not tender during the offer period until 3:00 PM (UAE time) on March 24, 2025. The final total of tendered shares will be announced on March 28, 2025. Aramex will provide further updates on any significant developments.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Futures contracts – New Contract Series

A new series of equity futures contracts will be available for trading on the Dubai Financial Market starting March 13, 2025. The contracts, set to expire on June 19, 2025, include various futures such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. This announcement can be accessed on the Dubai Financial Market's website. The information provided is subject to change and is not a replacement for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

1. DFM News: Futures contracts – New Contract Series

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From TECOM GROUP P.J.S.C.
Disclosure: Press release

TECOM Group held its Annual General Assembly Meeting at Dubai Internet City, where shareholders approved a cash dividend of AED 400 million for the second half of 2024. This brings the total dividends for 2024 to AED 800 million. The Board of Directors was re-elected, and the financial statements for 2024 were approved. Chairman Malek Al Malek highlighted the group's strong performance in 2024, which included AED 2.7 billion in strategic investments aimed at sustainable growth. TECOM reported a 11% increase in revenues to AED 2.4 billion and a 14% rise in net profits to AED 1.2 billion for 2024, with high occupancy and retention rates. The group continues to focus on expanding its portfolio and enhancing customer satisfaction across its business districts.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From TECOM GROUP P.J.S.C.
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From GFH Financial Group B.S.C.
Disclosure: Post share buyback announcement

GFH Financial Group announced on March 10, 2025, that it has purchased 400,000 treasury shares, increasing its total treasury shares from 297,324,647 (7.76% of total issued shares) to 297,724,647 (7.77% of total issued shares). The decision to purchase these shares was made during a board meeting on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was 0.3122 USD per share, and the purchased shares represent 0.010% of the issued capital. There are 85,534,736 shares remaining for future purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Post share buyback announcement

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Al Ansari Financial Services PJSC
Disclosure: Integrated report for the year 2024

1. Disclosure: Integrated report for the year 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Clarification from the company

1. Disclosure: Clarification from the company

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