Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
The National Cement Company has scheduled a board meeting on Tuesday, November 5, 2024, at 10:00 AM. The agenda includes the approval of the previous meeting's minutes, discussion of the financial statements for the period ending September 3, 2024, discussion of the company's business, and other related matters. The notice is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and a copy has been sent to the Securities and Commodities Authority. The message is from Mohammed Abdulla Ahmed Al Ghurair, the General Manager of the National Cement Company.
Resolution No. 491 of 2024 announces the temporary suspension of trading for the shares of Emirates Telecom Group Company (Etisalat Group) PJSC. This suspension is due to the company's Board of Directors meeting scheduled for 10:00 on October 30, 2024, which coincides with the trading session at the Abu Dhabi Securities Exchange (ADX). Trading will be halted from 09:00 on October 30, 2024, until ADX receives the meeting results. The resolution mandates that all relevant department heads at ADX implement this decision and that it be communicated to the Securities and Commodities Authority, the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on October 30, 2024.
A notification has been issued regarding a meeting of the Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA). The meeting is scheduled for Monday, 11th November 2024, at 9:00 am. The agenda includes reviewing and considering the company's financial statements for the third quarter ending 30 September 2024, along with other business matters. The notice is issued by Aakash Nijhawan, Group Head of Investor Relations, on behalf of DEWA.
The text refers to the condensed consolidated interim financial information of the National Bank of Fujairah PJSC for the nine-month period ending on September 30, 2024.
Americana Restaurants International PLC announced its financial results for the first nine months of 2024, reporting revenues of $1.61 billion and an adjusted EBITDA of $350.6 million, resulting in a 21.8% EBITDA margin. The net profit attributable to shareholders was $117.4 million. The company expanded its operations by opening 113 new stores, bringing the total to 2,504 restaurants as of September 30, 2024. Compared to the same period in 2023, revenues declined by 15.2%, and net profit decreased by 48.2%, impacted by lower like-for-like sales, incremental depreciation from new store openings, and the implementation of corporate tax in the UAE. Despite these challenges, the company saw a recovery in average daily transactions and sales per store in Q3 2024.
Ooredoo Q.P.S.C. in Doha, Qatar, has released its condensed consolidated interim financial information for the nine-month period ending on September 30, 2024.