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Gulf Navigation Holding PJSC (GULFNAV), a maritime and shipping company listed on the Dubai Financial Market, reported its unaudited financial results for the second quarter ending June 30, 2025. The company achieved a net profit of 7.4 million dirhams, marking a return to profitability. Revenue increased to AED 28.5 million, a 110% rise from AED 13.6 million in Q2 2024. Gross profit was AED 6.2 million, compared to a gross loss of AED 12.5 million in the previous year, while direct costs decreased by 22% to AED 22.3 million. Cash and bank balances rose to AED 24.4 million from AED 5.2 million at the end of 2024. The improvements were attributed to higher vessel chartering activity, better fleet utilization, and cost discipline. CEO Ahmad Kilani highlighted the company's focus on fleet efficiency and financial management, as well as a strategic acquisition to enhance competitive capabilities and growth prospects.

On 14 August 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting. During this meeting, they approved the interim financial statements for the six-month period ending on 30 June 2025. Additionally, they approved regular matters and any other business matters of the company. The communication was addressed to H.E. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority in Abu Dhabi. The letter was signed by Nader Muqbel, Investor Relations Director of Gulf Navigation Holding PJSC.

SHUAA Capital psc reported AED 888 million in accumulated losses for Q2 2025, which represents 24.26% of its capital. The losses stem from several factors, including fair value losses due to impairments and receivable write-offs related to investments in the UK, legacy real estate assets, and valuation adjustments from an associate's underlying asset. Additionally, a deferred tax liability was recognized following the implementation of corporate tax law in the UAE, and there were write-offs related to land valuation revisions in the UAE. Losses also arose from investments in public market securities and managed investments. To address these accumulated losses, the company is devising a 5-year plan focused on business growth and value creation through new investment funds and revitalizing its investment banking platform. A lean operating structure is expected to enhance cost efficiencies.

The document is the condensed consolidated interim financial information for SHUAA Capital PSC and its subsidiaries, covering the period from January 1, 2025, to June 30, 2025.