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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
2 years ago
News Update From Deyaar Development PJSC
Disclosure: Financial statements for the 2n QTR of 2024

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Deyaar Development PJSC
Disclosure: Press release regarding financial results for the 2nd QTR of 2024

Deyaar Development PJSC reported a net profit before tax of AED 202.6 million for the first half of 2024 (H1 2024), marking a 71% year-over-year (YOY) increase from AED 118.5 million in H1 2023. The company's total assets grew by 6%, reaching AED 6,598 million as of June 30, 2024, compared to AED 6,226 million a year earlier. Revenue for H1 2024 was AED 664.4 million, up from AED 628.9 million in H1 2023. Earnings per share increased by 59%, from 2.71 fils in H1 2023 to 4.31 fils in H1 2024. Additionally, Q2 2024 saw a 101.41% YOY profit growth, amounting to AED 125.1 million. CEO Saeed Mohammed Al Qatami attributed the growth to strategic directions and business models, highlighting significant milestones such as the release of dividends and the launch of new projects like Rosalia Residences and ELEVE in Dubai.

1. Disclosure: Press release regarding financial results for the 2nd QTR of 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Fujairah Building Industries P.S.C
ADX Disclosures: FBI Resumption Notice

Fujairah Building Industries P.J.S.C. and its subsidiaries have released their unaudited condensed consolidated interim financial statements for the period ending 30 June 2024.

1. ADX Disclosures: FBI Resumption Notice

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Seer Marine Supplies & Equipment Company P.J.S.C
ADX Disclosures: Temporary suspension of trading on the shares of Al Seer Marine Supplies & Equipment Company P.J.S.C on 26 Jul 2024

Resolution No. 444 of 2024 temporarily suspends trading on the shares of Al Seer Marine Supplies & Equipment Company P.J.S.C starting from July 26, 2024, due to the company's failure to submit its financial statement. The resolution mandates all relevant departments within ADX to implement this decision and requires the resolution to be circulated to the SCA, the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on July 26, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Al Seer Marine Supplies & Equipment Company P.J.S.C on 26 Jul 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Commercial Bank International
ADX Disclosures: CBI Resumption Notice

The document is a review report and interim financial information for Commercial Bank International P.J.S.C., covering the six-month period ending on June 30, 2024.

1. ADX Disclosures: CBI Resumption Notice

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From PHOENIX GROUP PLC
ADX Disclosures: PHX Resumption Notice

1. ADX Disclosures: PHX Resumption Notice

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From United Arab Bank
ADX Disclosures: UAB Resumption Notice

United Arab Bank P.J.S.C. has released its review report and condensed interim financial statements for the six-month period ending on June 30, 2024.

1. ADX Disclosures: UAB Resumption Notice

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on BHMCAPITAL shares starting from 11:30 AM as its BOD meeting is being held today, 26-07-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on MASQ shares after disclosing the results of its BOD meeting
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From National Marine Dredging Co.
Disclosures: National Marine Dredging Co. Article of Association Amendment

On 26 July 2024, the Market Operations & Surveillance section of the Abu Dhabi Securities Exchange was informed that the Securities and Commodities Authority (SCA) approved an amendment to Article 6 of the Articles of Association of the National Marine Dredging Company (PJSC). This amendment was previously approved by the company's general assembly on April 28, 2023. A copy of the SCA certificate is attached to the notification. The letter is signed by Eng. Yasser Nassr Zaghloul, Group Chief Executive Officer, and a copy has been sent to the SCA.

1. Disclosures: National Marine Dredging Co. Article of Association Amendment

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