Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
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.
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.
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.
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.
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.
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.