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A new series of equity futures contracts for May 2025 will be available for trading starting on February 13, 2025, as announced by the Dubai Financial Market. The contracts cover various securities, including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Each contract will be listed on February 13, 2025, and de-listed on May 15, 2025. Further details can be found on the Dubai Financial Market website. Note that the information is subject to change and should be cross-checked with the Dubai Financial Market Regulated Derivative Contract Trading Regulation for accuracy.
Deyaar Development PJSC reported a net profit before corporate tax of AED 505.4 million for the year ending December 31, 2024, marking a 14.68% increase from AED 440.7 million in 2023. The company's revenue for the same period rose by 20.61% to AED 1,512.8 million, up from AED 1,254.3 million in 2023. This growth was driven by a 25.6% increase in Property Development revenue and a 5% rise in other business revenues. Total assets grew by 5.8%, and earnings per share increased by 8% to 10.83 fils. CEO Saeed Mohammed Al Qatami highlighted Deyaar's strategic expansion and commitment to growth, noting the company's entry into Abu Dhabi and the launch of new projects in Dubai.