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The Dubai Financial Market (DFM) has launched a Centralized Securities Lending and Borrowing (SLB) Program to improve market liquidity and investor access. This program, operated by Dubai Clear as the central counterparty, offers a transparent and regulated framework for securities lending and borrowing. It aligns with international standards for risk management and governance. The initiative aims to enhance market efficiency, support price discovery, and expand investor participation in Dubai's capital market. Long-term investors can lend eligible securities, while borrowers such as hedge funds and market makers can use these securities for trading strategies. The program features a centralized matching mechanism and ensures anonymity between counterparties.

Dubai Taxi Company PJSC (DTC) reported AED 588.3 million in revenue for Q1 2025, marking a 5% year-on-year increase and a 7% rise on a like-for-like basis. The growth was driven by an 8% increase in trips, with 13 million trips completed in the taxi and limousine segments. DTC expanded its fleet by adding 250 fully electric taxis, totaling over 6,200 vehicles, with more than 86% of them being hybrid or electric. The company formed a strategic five-year partnership with Dubai Airports to cater to the growing number of tourists and visitors. The partnership with Bolt completed its first full quarter, experiencing strong demand despite additional promotional costs. EBITDA decreased by 9% to AED 154 million but showed a 4% increase on a like-for-like basis. Net profit was AED 84 million, down 23% overall, with a 2% decline like-for-like. Shareholders approved a final dividend of AED 122.3 million for the latter half of 2024, distributed in April 2025. DTC's results reflect strong business fundamentals, supported by Dubai's population and tourism growth.

The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C. for the three-month period ending on March 31, 2025.

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on Wednesday, May 07, 2025, at 3:00 pm at the company's headquarters. The meeting achieved quorum, and the following items were discussed and approved: the consolidated financial statements for the first quarter of the fiscal year 2025 and other operational and internal matters. The communication is addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market, with a copy sent to the Securities and Commodities Authority.

Emaar Development PJSC reported significant growth in Q1 2025, with property sales increasing by 28% to AED 16.5 billion (US$ 4.5 billion) and a revenue backlog exceeding AED 100 billion (US$ 27 billion). The company's revenue rose by 43% to AED 5 billion (US$ 1.4 billion), while EBITDA increased by 48% to AED 2.5 billion (US$ 683 million), with an EBITDA margin of 50%. Net profit before tax grew by 49% to AED 2.8 billion (US$ 753 million), reflecting a net margin of 55%. Emaar Development, a leading property developer in the UAE, attributes this success to operational excellence, innovation, and customer satisfaction, with a focus on sustainability and high-quality services. Founder Mohamed Alabbar emphasized the company's commitment to innovation and its role in shaping the future of real estate in Dubai.

Aramex reported stable revenues of AED 1.56 billion for Q1 2025, marking a 1% increase year-on-year. This growth was supported by gains in Domestic Express (up 13%), Freight Forwarding (up 9%), and Logistics (up 21%), which compensated for a 13% decline in International Express. The shift towards nearshoring has led to a change in product mix, with more volumes in short-haul regional and domestic services. Domestic express volumes rose by 8%, land freight LTL by 21%, and land freight FTL by 4%, while warehousing operated near full capacity. Despite these changes, the gross profit margin decreased to 23.3% from 25.7% in Q1 2024, affected by cost inflation and increased direct costs. SG&A expenses rose by 1% year-on-year, representing 20% of total revenues. Aramex maintained a strong financial position with a cash balance of AED 545 million and a Debt to EBITDA ratio of 2.9x. The company also launched "Accelerate28," a transformation initiative aimed at improving pricing and operational efficiencies by reorganizing its geographic activities from eight regions to four.

Aramex PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements as of March 31, 2025.