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A notification was sent to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, regarding a Board of Directors meeting for Dubai Taxi Company P.J.S.C. The meeting is scheduled for Wednesday, May 7, 2025, at 3:00 PM at the company's headquarters. The agenda includes discussions and approvals of the consolidated financial statements for the first quarter of the fiscal year 2025, along with other operational and internal matters. The letter was sent by Vicken Khochafian, the Board Secretary and Governance Director, with a copy to the Securities and Commodities Authority.

In the first quarter of 2025, the Dubai Financial Market (DFM) reported significant growth, achieving a net profit before tax of AED 134.9 million. The Average Daily Trading Value (ADTV) reached its highest level in over a decade at AED 663 million, marking a 67% increase from the previous year. Total consolidated revenue rose by 26% year-on-year to AED 186.5 million, while the total traded value increased by 61% to AED 41 billion. DFM attracted 19,366 new investors, with 86% being foreign nationals. Institutional investors accounted for 72% of the total trading value, with foreign investors contributing 53%. Despite a slight 1% decline in market capitalization to AED 897 billion, the DFM maintained strong trading activity and investor confidence, reinforcing Dubai's status as a leading financial hub.

TECOM Group reported a 23% increase in net profit for Q1 2025, driven by Dubai's strong economic performance and global investment appeal. Revenue rose 21% year-on-year to AED 680 million, supported by robust performance across all business segments and a strategic focus on sustainable growth. EBITDA increased by 23% to AED 540 million, with the EBITDA margin improving to 79%. The net profit reached AED 361 million, aided by higher revenue and effective capital management. The customer base grew by 6% to over 12,000, with strong demand for commercial, industrial, and land lease assets. The group's results reflect the strength of its diverse asset portfolio and its successful long-term growth strategy. Operational highlights include a 4% increase in commercial and industrial occupancy to 95% and a 2% rise in land lease occupancy to 98%.

GFH Financial Group B.S.C. has announced the purchase of 975,000 treasury shares, increasing its total treasury shares from 201,896,111 (5.27% of total issued shares) to 202,871,111 (5.29% of total issued shares) as of May 1, 2025. The decision to purchase was made by the company's board of directors on March 24, 2024, and approved by the relevant authority on February 16, 2025. The purchase was completed on May 1, 2025, at an average price of 0.2901 USD per share, representing 0.025% of the issued capital. There are 180,388,272 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

TECOM Group PJSC and its subsidiaries have released their condensed interim consolidated financial statements for the three-month period ending on March 31, 2025.

The Dubai Financial Market (DFM) reported strong growth in the first quarter of 2025, achieving a net profit before tax of AED 134.9 million. The Average Daily Trading Value reached AED 663 million, marking a 67% increase from the previous year, and the total traded value rose by 61% to AED 41 billion. Total consolidated revenue for Q1 2025 was AED 186.5 million, up 26% year-on-year. DFM attracted 19,366 new investors, with 86% being foreign nationals, and institutional investors accounted for 72% of the total trading value, with foreign investors contributing 53%. Despite global market uncertainties, DFM maintained strong performance, reinforcing Dubai's status as a global financial hub. The market capitalization of DFM-listed companies was AED 897 billion at the end of March 2025, a slight 1% decline from the end of 2024.