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Dubai Taxi Company PJSC (DTC) reported a 27% year-on-year increase in EBITDA to AED 309.3 million for the first half of 2024, with revenue up 14% to AED 1.09 billion. The company expanded its taxi fleet by 294 vehicles and completed 23 million trips, a 4% increase year-on-year. The EBITDA margin rose to 28%, and net profit, affected by interest and corporate tax, was AED 187.4 million. The board approved dividends of AED 159.3 million. The growth strategy included fleet expansion and new strategic partnerships. Revenue from the core taxi segment grew by 12%, the limousine segment by 6%, the bus segment by 26%, and the bike segment nearly tripled.

The document is a review report and condensed interim financial information for Dubai Taxi Company P.J.S.C. for the six-month period ending on June 30, 2024.

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on July 25, 2024, achieving quorum. During the meeting, the following items were discussed and approved: 1. Financial results for the first half of the fiscal year 2024. 2. Distribution of cash dividends for the first half of FY 2024, amounting to AED 159,279,837 (6.37 fils per share), representing 85% of the net profit for the period. Key dates include: - Last entitlement date: August 01, 2024 - Ex-dividend date: August 02, 2024 - Registry closing date: August 05, 2024 - Payment date: August 23, 2024 3. Other operational and internal matters. The communication was signed by Vicken Khochafian, Board Secretary, and a copy was sent to the Securities and Commodities Authority.

Mashreqbank PSC Group has released its condensed consolidated interim financial information for the period from January 1, 2024, to June 30, 2024.

Mashreqbank PSC held a Board of Directors meeting on 25th July 2024 at 10:00 am. The meeting covered and approved the previous minutes from 19th and 25th April 2024, the financial statements for the second quarter ending 30th June 2024, and other topics related to the bank's business and activities. The information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.

Dubai Insurance Co. has announced a Board of Directors meeting scheduled for Tuesday, July 30, 2024, at 11:00 am at the company's head office. The purpose of the meeting is to approve the financial results for the second quarter of 2024. The announcement was made by Sahem Abdelhaq, Head of Legal & Compliance, and addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market.