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Abu Dhabi Stock Exchange News
News Update From Al Wathba National Insurance Co.
ADX Disclosures: AWNIC Resumption Notice
Dubai Financial Market News
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on TAKAFUL-EM shares Today, 14-11-2024 starting from 9:30 AM for not submitting their BOD results
Dubai Financial Market News
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on AMAN shares Today, 14-11-2024 starting from 9:30 AM for not submitting their BOD results
Abu Dhabi Stock Exchange News
News Update From Al Dhafra Insurance Co.
ADX Disclosures: DHAFRA Resumption Notice
Al Dhafra Insurance Company P.S.C. has released its unaudited condensed interim financial information for the nine-month period ending on September 30, 2024.
Abu Dhabi Stock Exchange News
News Update From Oman & Emirates Investment Holding Co
ADX Disclosures: OEIHC Resumption Notice
Abu Dhabi Stock Exchange News
News Update From Aram Group
ADX Disclosures: ARAM Resumption Notice
The text refers to the independent auditor's review report and the condensed consolidated interim financial statements of ARAM Group Company P.J.S.C and its subsidiary for the nine-month period ending on September 30, 2024, in Sharjah, United Arab Emirates.
Abu Dhabi Stock Exchange News
News Update From Hayah Insurance Company P.J.S.C
ADX Disclosures: HAYAH Resumption Notice
HAYAH Insurance Company P.J.S.C. has released its unaudited condensed interim financial information for the nine-month period ending on September 30, 2024.
Abu Dhabi Stock Exchange News
News Update From Al Fujairah National Insurance Company
ADX Disclosures: AFNIC Resumption Notice
Dubai Financial Market News
News Update From Dubai Investments PJSC
Disclosure: Press release regarding financial results for the 3rd QTR of 2024
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.
Dubai Financial Market News
News Update From SHUAA Capital PSC
Disclosure: Press release regarding financial results for the 3rd QTR of 2024
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.