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Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on TABREED shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on ERC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on ORIENTTKAFUL shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Al Ansari Financial Services PJSC

Disclosure: Financial statements for the 1st QTR of 2025

Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the first quarter, covering the three-month period ending on March 31, 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Emirates Reem Investments Company PJSC

Disclosure: Financial statements for the 1st QTR of 2025

The text refers to the independent auditor's review report and the condensed consolidated interim financial statements of Emirates Reem Investments Company P.J.S.C and its subsidiaries, based in Dubai, United Arab Emirates. The report covers the unaudited financial performance of the company for the three-month period ending on March 31, 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Emirates Reem Investments Company PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Results of BOD Meeting

GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Tuesday, 14th May 2024, at 2:00 pm Bahrain time. During the meeting, they discussed and approved the financial results for the first quarter of 2024, ending on 31st March 2024, along with other internal matters. The financial results for the first quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National Central Cooling Co.

Disclosure: Press release regarding financial results for the 1st QTR of 2025

Tabreed, a leading district cooling company, reported its Q1 2025 financial results, showing increases in both EBITDA and net profit compared to Q1 2024. EBITDA rose by 4% to AED 283 million with a margin of 61%, while net profit after tax grew by 3% to AED 115 million. Key developments included raising USD 700 million through a Green Sukuk, which helped refinance debt and improve the balance sheet by converting short-term debt to long-term maturities and reducing net debt by 3%. Additionally, Tabreed announced a significant concession agreement with Dubai Holding Investments to provide district cooling services to Palm Jebel Ali, requiring an investment of AED 1.5 billion. This deal is the largest in the company's history, representing a major milestone. Shareholders also approved a cash dividend of 15.5 fils per share for 2024, yielding 5.6% at the current share price.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From National Central Cooling Co.

Disclosure: Financial statements for the 1st QTR of 2025

1. Attached Document