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Drake and Scull International PJSC (DSI), a company specializing in mechanical, electrical, and plumbing contracting services, as well as oil and gas, and water treatment projects, reported a significant financial turnaround for the year ending December 31, 2024. The company achieved a net profit of AED 3.76 billion, reversing a net loss of AED 367 million from the previous year. This improvement was attributed to a successful restructuring plan and capital injection. Key financial highlights include a 20% revenue increase to AED 103.7 million, gross profit growth to AED 5.3 million, and a rise in total assets to AED 647 million. Shareholder equity improved to AED 151.7 million, and earnings per share reached AED 1.685. Strategic achievements included a comprehensive restructuring plan approved by the Dubai Court of Appeal, a capital raise of AED 454 million, new project contracts worth AED 1 billion, and operational efficiencies that reduced finance costs.

The text refers to the consolidated financial statements of Drake and Scull International (P.J.S.C.) and its subsidiaries for the year ending December 31, 2024.

The document includes the Board of Directors' report, the independent auditor's report, and the consolidated financial statements for Islamic Arab Insurance Co. (Salama) PJSC and its subsidiaries for the year ending December 31, 2024.

On March 26, 2025, the Islamic Arab Insurance Co. (SALAMA) held a board meeting attended by six members via modern technology. During the meeting, the members approved the agenda for the Annual General Assembly Meeting for the year ended 2024, pending approvals from the CBUAE and SCA. They also approved the audited financial results for the fiscal year ending December 31, 2024, and recommended the adoption of the Board of Directors' remuneration and fees for 2024 to the General Assembly of Shareholders. Additionally, they proposed the appointment of the company's external auditors for 2025 and considered the Corporate Governance report for 2024. The board also discussed recommending the appointment of members to the Internal Sharia Supervision Committee, subject to Central Bank approval, and addressed regular matters and other business. The meeting was authorized by board secretary Motaz Kraishan.

On March 26, 2025, the Board of Directors of Drake & Scull International PJSC held its second meeting of the year. The board approved the previous meeting's minutes, the audited financial results for 2024, and the company's Board of Directors report for 2024. Additionally, they agreed to call the Annual General Assembly meeting, coordinating with the Securities and Commodities Authority to set its agenda.

GFH Financial Group announced the purchase of 1,045,000 treasury shares, increasing its total treasury shares from 165,048,547 (4.31% of total issued shares) to 166,093,547 (4.33% of total issued shares) as of March 26, 2025. The decision was made during a board meeting on March 24, 2025, with regulatory approval received on February 16, 2025. The average purchase price was 2200.3 USD per share. The remaining shares available for purchase total 17,165,836. The announcement was made by Mariam Jowhary, Head of Compliance & AML.