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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Sharjah Cement and Industrial Development Co.
Disclosures: Sharjah Cement and Industrial Development Co. Management Report for the Period Ended September 30,2024

1. Disclosures: Sharjah Cement and Industrial Development Co. Management Report for the Period Ended September 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Sharjah Cement and Industrial Development Co.
Disclosures: Sharjah Cement and Industrial Development Co. Financial Results for the Period Ended September 30,2024

Sharjah Cement and Industrial Development Co. (PJSC) and its subsidiary have released their unaudited interim condensed consolidated financial statements for the period ending 30 September 2024.

1. Disclosures: Sharjah Cement and Industrial Development Co. Financial Results for the Period Ended September 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Union Insurance Company
Disclosures: Union Insurance Company Board of Directors' Report for the Period Ended September 30,2024

1. Disclosures: Union Insurance Company Board of Directors' Report for the Period Ended September 30,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Union Insurance Company
Disclosures: Union Insurance Company Financial Results for the Period Ended September 30,2024

1. Disclosures: Union Insurance Company Financial Results for the Period Ended September 30,2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Watania International Holding PJSC
Disclosure: Notification from the company

Watania International Holding reported a net profit before tax of AED 9.7 million for the first nine months of 2024, marking its fourth consecutive quarter of profitability despite significant one-time claims from the UAE's April rains. The company's improved financial performance was driven by better results in its Medical portfolio, though overall Takaful revenue declined by 9% due to challenges in the Motor and Property lines. Operating expenses decreased by 12% due to operational efficiencies, and the combined operating ratio improved to just above 100%, or 97% when adjusted for the rain-related claims. The company highlighted its strategic focus on long-term shareholder value, technological advancements, customer service, and operational improvements across its Takaful subsidiaries.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Watania International Holding PJSC
Disclosure: Financial statements for the 3rd QTR of 2024

1. Disclosure: Financial statements for the 3rd QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Watania International Holding PJSC
Disclosure: Results of BOD Meeting

On 12 November 2024, Watania International Holding (PJSC) held a Board of Directors meeting at 3:00 PM. During the meeting, the board approved the financial statements for the third quarter ending 30 September 2024 and discussed routine business matters. The meeting details were authorized by Nawal Ma’ally, the Board Secretary, and documented with the company's seal.

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emirates Investment Bank PJSC
Disclosure: Financial statements for the 3rd QTR of 2024

Emirates Investment Bank P.J.S.C. has released its interim condensed financial information for the nine-month period ending on September 30, 2024.

1. Disclosure: Financial statements for the 3rd QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Refreshment Company P.J.S.C.
Disclosure: Financial statements for the 3rd QTR of 2024

The document is a review report and interim financial information for Dubai Refreshment (P.J.S.C.) covering the nine-month period ending on September 30, 2024.

1. Disclosure: Financial statements for the 3rd QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Refreshment Company P.J.S.C.
Disclosure: results of BOD meeting

On 12 November 2024, the Board of Directors of Dubai Refreshment PJSC held a meeting at their main office in Dubai Investment Park 2, Dubai, as well as via online video technology. During the meeting, they approved the preliminary financial statements for the third quarter of 2024 and discussed various internal matters, making appropriate decisions on these issues. The communication was addressed to Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Karem Mahmoud, Director of Legal at Dubai Refreshment PJSC.

1. Disclosure: results of BOD meeting

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