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Dubai Investments PJSC reported a net profit after tax of AED 650.51 million for the nine-month period ending September 30, 2024, and AED 241.31 million for the three-month period ending the same date. This represents an 80% and 78% increase, respectively, compared to the previous year when adjusted for a one-off gain. The company's total assets grew to AED 21.81 billion as of September 30, 2024, from AED 21.44 billion at the end of 2023, with equity attributable to shareholders rising to AED 13.58 billion. Khalid Bin Kalban, Vice Chairman and CEO, highlighted the group's strategic focus on sustainable growth and diversification, noting strong performance in the real estate sector and investment portfolio.

SHUAA Capital, a leading asset management and investment banking platform in the UAE, reported its financial results for the third quarter of 2024. The company reduced its net loss to AED 22 million, a decrease from AED 29.5 million in the previous quarter. SHUAA has been optimizing its balance sheet with valuation adjustments and impairments of legacy investments as part of a major business transformation. In April 2024, SHUAA reached an agreement with bondholders to amend terms, aiming to reduce leverage by over AED 500 million, with plans to issue two Mandatory Convertible Bonds. The company is focusing on increasing Assets under Management, securing new mandates, and strengthening client and creditor relationships. CEO Wafik Ben Mansour expressed satisfaction with the progress and confidence in SHUAA's future growth. Financial highlights include a revenue of AED 19 million for Q3 2024 and a year-to-date net loss of AED 138 million, improved from AED 570 million in the previous year.

SHUAA Capital psc reported accumulated losses of AED 967 million for Q3 2024, with an accumulated losses to capital ratio of 38.13%. The losses are primarily attributed to fair value losses from impairments and write-offs related to investments, goodwill, and receivables in the UK, legacy real estate assets, and valuation adjustments of an associate's underlying asset. Additional factors include the recognition of a deferred tax liability due to new corporate tax laws in the UAE, receivable write-offs from revised land valuations in the UAE, fair value losses from investments in public market securities and managed investments, and accrued coupons on USD 150 million bonds issued by an affiliated SPV.

The document is a review report and condensed interim financial information for Abu Dhabi National Takaful Company P.S.C. for the nine-month period ending on September 30, 2024.

SHUAA Capital PSC and its subsidiaries have released their condensed consolidated interim financial information for the period from January 1, 2024, to September 30, 2024.

Shuaa Capital PSC, a licensed investment company regulated by the Securities and Commodities Authority, held a Board of Directors meeting. During this meeting, the board approved the consolidated and audited financial statements for the period ending September 30, 2024, and discussed other company-related matters. The communication was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market.

RAPCO Investment P.J.S.C has released its unaudited condensed interim financial statements and independent auditor's review report for the nine-month period ending September 30, 2024, in Ras Al Khaimah, United Arab Emirates.

The document is a review report and condensed consolidated financial information for Eshraq Investments PJSC, covering the nine-month period ending on September 30, 2024.

BHM Capital has been appointed as the liquidity provider for Lulu Retail Holding's shares, which are listed on the Abu Dhabi Securities Exchange. This appointment aims to enhance the efficiency and attractiveness of the UAE's capital markets. Lulu Retail Holding recently increased its initial public offering to 30% of its shares, with the IPO being oversubscribed more than 25 times, reflecting strong investor confidence. Abdel Hadi Al Sa’di, CEO of BHM Capital, highlighted the growing demand for liquidity services in the UAE's local capital markets, which help maintain stock liquidity and provide value to investors. BHM Capital is committed to supporting the stability and growth of the UAE financial sector, benefiting companies, investors, and the community. The company aims to boost market efficiency and investor confidence by providing liquidity services to companies listed on UAE exchanges. BHM Capital is a leading financial institution in the UAE, known for its pioneering role in financial technology.