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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 National Industries Group Holding (S.A.K.)
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 Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank, in collaboration with the Ministry of Housing and Urban Planning and Eskan Bank, has launched "Tasheel+", a new financing solution that combines the features of the "Mazaya" and "Tasheel" schemes. This product offers up to BD 91,000 in financing with flexible contribution options, aiming to provide comprehensive financial solutions for social housing initiatives. Additionally, Al Salam Bank introduced "Reducing Installment Additional Financing," which decreases installment amounts over time as the client's contribution increases, allowing for higher overall financing while maintaining stable monthly payments. The bank's Deputy CEO, Anwar Murad, and Head of Retail Banking, Mohammed Buhijji, emphasized the bank's commitment to supporting national housing initiatives and promoting financial inclusion. The first 20 clients of the program will receive a BD 500 cashback, and all beneficiaries will enjoy benefits such as exemption from valuation and fire insurance fees, no down payment, and competitive profit rates, subject to campaign terms and conditions. For more details, contact Al Salam Bank or book an appointment via the Skiplino app.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Sukoon Insurance PJSC
Disclosure: Financial statements for the 1st QTR of 2025

Sukoon Insurance P.J.S.C. and its subsidiaries have released a review report and condensed consolidated interim financial information for the three-month period ending March 31, 2025.

1. Disclosure: Financial statements for the 1st QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai National Insurance & Reinsurance
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 Dubai National Insurance & Reinsurance
Disclosure: Press release

Dubai National Insurance (DNI) announced a 15% cash dividend at its Annual General Assembly Meeting, totaling AED 17.325 million. The company reported a net profit of AED 53.5 million for 2024, marking a 13.6% increase from the previous year. Insurance revenue rose by 5% to AED 469.1 million. Chairman Khalaf Ahmad Al Habtoor attributed the strong financial performance to effective underwriting strategies and investment income, despite challenges like the April floods. CEO A.R. Srinivasan highlighted the company's significant underwriting growth and enhanced digital capabilities. Al Habtoor expressed gratitude to UAE leadership and regulatory authorities, emphasizing DNI's commitment to sustainable growth and innovation.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Sukoon Insurance PJSC
Disclosure: Results of BOD Meeting

Sukoon Insurance PJSC held a Board of Directors meeting on April 24, 2025, at their head office in Dubai and via video conferencing. The board approved the financial statements for the first quarter of the fiscal year 2025, the compensation policy, and the job description for the Board Secretary. They also discussed general business matters. The meeting's results were communicated to Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, and a copy was sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on ASNIC shares after disclosing their financial statements for the year of 2024
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on DNIR shares starting from 09:30 AM as its General Assembly is being held today, 24/04/2025 and until resolutions are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of DNIR is being held on 24/04/2025

1. DFM News: Reminder: General Assembly of DNIR is being held on 24/04/2025

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of ERC is being held on 24/04/2025

The Board of Directors of Emirates Reem Investments Company P.J.S.C invites all shareholders to attend the Annual General Assembly Meeting on Thursday, April 24, 2025, at 3:30 PM. The meeting will take place in person at the Conference Hall in Dusit Thani Dubai Hotel, and will also be accessible remotely via Microsoft Teams with direct e-voting. The agenda includes reviewing and approving the Director's report and the auditor's report for the fiscal year ending December 31, 2024, discussing and approving the company's financial statements, considering the recommendation not to distribute dividends, discharging the board of directors and auditors from liabilities for the year, and appointing external auditors for 2025 and determining their fees.

1. DFM News: Reminder: General Assembly of ERC is being held on 24/04/2025

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