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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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Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SUKOON shares after disclosing the results of its BOD meeting
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. Board Meeting Results held on 25/10/2024 at 15:30

1. Disclosures: GHITHA HOLDING P.J.S.C. Board Meeting Results held on 25/10/2024 at 15:30

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. Management Report for the Period Ended September 30,2024

1. Disclosures: GHITHA HOLDING P.J.S.C. 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 GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. Financial Results Summary for the Period Ended September 30,2024

1. Disclosures: GHITHA HOLDING P.J.S.C. Financial Results Summary 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 GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. General Press Release

Ghitha Holding PJSC reported an 11% year-on-year revenue growth, reaching AED 3.67 billion for the first nine months of 2024. The company's gross profit increased by AED 188 million, a 36% growth from the previous year. EBITDA represents about 10% of revenue, excluding fair value changes in investments. Total assets grew by 33% since December 2023, totaling AED 9.4 billion. Ghitha, based in Abu Dhabi and a subsidiary of International Holding Company, attributes its growth to strategic initiatives such as acquiring key assets, entering new markets, and diversifying product lines. CEO Falal Ameen highlighted the company's strong performance despite market challenges, positioning it for future growth. Moving forward, Ghitha aims to enhance financial performance and operational efficiency, aligning with its vision to become a leading regional food powerhouse, while focusing on process improvement and market adaptability.

1. Disclosures: GHITHA HOLDING P.J.S.C. General Press Release

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From GHITHA HOLDING P.J.S.C.
Disclosures: GHITHA HOLDING P.J.S.C. Financial Results for the Period Ended September 30,2024

Ghitha Holding PJSC has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024.

1. Disclosures: GHITHA HOLDING P.J.S.C. 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 Emirates Driving Company
Disclosures: Emirates Driving Company Management Discussion and Analysis Report for the Period Ended September 30,2024

The document is a Management Discussion and Analysis Report for Emirates Driving Company P.J.S.C., covering the period ending on September 30, 2024.

1. Disclosures: Emirates Driving Company Management Discussion and Analysis 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 Emirates Driving Company
Disclosures: Emirates Driving Company Financial Results for the Period Ended September 30,2024

The document is the interim condensed consolidated financial statements for Emirates Driving Company P.J.S.C. as of September 30, 2024. These statements are unaudited and provide financial information about the company's performance up to that date.

1. Disclosures: Emirates Driving Company 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 Pure Health Holding PJSC
Disclosures: Pure Health Holding PJSC Announcement of Board Meeting to be held on 30/10/2024 at 15:00

1. Disclosures: Pure Health Holding PJSC Announcement of Board Meeting to be held on 30/10/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Abu Dhabi National Oil Company For Distribution
Disclosures: Abu Dhabi National Oil Company For Distribution Announcement of Board Meeting to be held on 30/10/2024 at 15:00

The Board of Directors of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) is scheduled to meet on Wednesday, October 30, 2024, at 3:00 p.m. in Abu Dhabi. The agenda includes reviewing the company's financial statements for the third quarter ending September 30, 2024, and discussing other general business matters. The notification was issued by Ben Hennessy, the Board Secretary, with a copy sent to the Securities and Commodities Authority.

1. Disclosures: Abu Dhabi National Oil Company For Distribution Announcement of Board Meeting to be held on 30/10/2024 at 15:00

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