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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: Suspend trading on TAKAFUL-EM shares on Thursday and Friday 17-18 October 2024 to execute activation on TAKAFUL-EM’s capital reduction
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 17/10/2024 is the ex-dividend date for DEWA shares
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Emirates Islamic Bank PJSC
Disclosure: Press release regarding financial results for the 3rd QTR of 2024

Emirates Islamic reported a record profit of AED 2.5 billion for the first nine months of 2024, marking a 52% year-over-year increase. The bank's income rose by 16% to AED 4.1 billion, driven by growth in funded and non-funded income and a 24% increase in customer financing. In the third quarter of 2024, profits rose by 92% to AED 835 million, with income up 16% to AED 1.4 billion. Key performance highlights include a 16% increase in total income, a 10% decrease in expenses, and a 31% improvement in operating profit. The bank maintains a strong capital and liquidity position, with total assets at AED 107 billion and customer deposits at AED 74 billion. The non-performing financing ratio stands at 4.9% with a coverage ratio of 135%.

1. Disclosure: Press release regarding financial results for the 3rd QTR of 2024

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

Emirates Islamic Bank, a public joint stock company based in Dubai, has released its unaudited group condensed consolidated interim financial statements for the nine-month period ending on September 30, 2024. The bank's head office is located on the 3rd floor of Building 16 in Dubai Health Care City, Dubai, United Arab Emirates. For more information, the bank can be contacted via phone at +971 600599995, fax at +971 4 3582659, or through their website at www.emiratesislamic.ae.

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 Emirates Islamic Bank PJSC
Disclosure: Results of BOD Meeting

The Board of Directors of Emirates Islamic Bank (P.J.S.C) held a meeting on 16 October 2024. During the meeting, they approved the minutes from the previous board meeting held on 17 July 2024, approved the financial results for the three-month period ending on 30 September 2024, and discussed normal business activities. The letter is addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, and is signed by Dr. Ahmed Alkhalfawi, the Group Company Secretary of Emirates NBD Bank (P.J.S.C). A copy of the letter was also sent to the Securities & Commodities Authority.

1. Disclosure: Results of BOD Meeting

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Bank of Sharjah
Disclosures: Bank of Sharjah Management Discussion and Analysis Report for the Period Ended September 30,2024

1. Disclosures: Bank of Sharjah 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 Bank of Sharjah
Disclosures: Bank of Sharjah Financial Results for the Period Ended September 30,2024

1. Disclosures: Bank of Sharjah 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 Easy Lease Motorcycle Rental PJSC
Disclosures: Easy Lease Motorcycle Rental PJSC Announcement of Board Meeting to be held on 23/10/2024 at 15:30

The Board of Directors of Easy Lease Motorcycle Rental PSC will hold a meeting on Wednesday, October 23, 2024, at 3:30 PM via Microsoft Teams. The agenda includes approving the financial statements for the period ending September 30, 2024, and discussing other business matters. The notification is addressed to the Market Operations Surveillance Department at the Abu Dhabi Securities Exchange. The letter is signed by CEO Ahmad Mohammad Al Sadah.

1. Disclosures: Easy Lease Motorcycle Rental PJSC Announcement of Board Meeting to be held on 23/10/2024 at 15:30

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From Sharjah Islamic Bank
Disclosures: Sharjah Islamic Bank Management Report for the Period Ended September 30,2024

1. Disclosures: Sharjah Islamic Bank 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 Islamic Bank
Disclosures: Sharjah Islamic Bank Financial Results for the Period Ended September 30,2024

1. Disclosures: Sharjah Islamic Bank Financial Results for the Period Ended September 30,2024

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