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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
3 months ago
News Update From Dubai Investments PJSC
Disclosure: Press release

Dubai Investments has started constructing a second production line for Emirates Float Glass (EFG) at the Khalifa Economic Zones Abu Dhabi, making it the only dual float line facility in the GCC. This expansion involves an investment of over AED 600 million and aims to enhance production capabilities and product offerings, including the introduction of Ultra Clear Glass. The project, attended by key officials and partners, highlights Dubai Investments' focus on industrial innovation and economic diversification. The second float line is expected to be operational by late 2027 or early 2028, reinforcing EFG's position as a leader in float-glass manufacturing in the region.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Islamic Bank
Disclosure: Result of Earnings Call

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on DRC shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Refreshment Company P.J.S.C.
Disclosure: Financial statements for the 3rd QTR of 2025

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Refreshment Company P.J.S.C.
Disclosure: Results of BOD Meeting

On 29 October 2025, the Board of Directors of Dubai Refreshment P.J.S.C held a meeting at 1:00 PM at the company's main office in Dubai Investment Park 2, Dubai, and via online video technology. During the meeting, they approved the interim financial statements for the third quarter of 2025 and discussed various internal matters, making appropriate decisions. The communication was signed by Karem Mahmoud, Director of Legal Affairs.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SUKOONTAKAFL shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SUKOON shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Gulf Navigation Holding PJSC
Disclosure: BOD meeting

The Board of Directors of Gulf Navigation Holding PJSC is scheduled to meet on Monday, November 3, 2025, at 3:00 PM. The agenda includes appointing a new Board member to fill a vacant female seat and addressing regular company matters and any other business. The notification is addressed to H.E. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority in Abu Dhabi. The notice is signed by Ali Abouda, the Chief Finance and Operations Officer of Gulf Navigation Holding PJSC.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From TECOM GROUP P.J.S.C.
Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
3 months ago
News Update From Sukoon Insurance PJSC
Disclosure: Press release

Sukoon Insurance PJSC reported strong financial performance for the third quarter of 2025, achieving a record profit before tax of AED 303.2 million, which is a 56% increase compared to the previous year. Insurance revenue grew by 20% year-on-year to AED 4.7 billion, and insurance services increased by 23% to AED 193.3 million. Investment income also rose by 54% to AED 205.2 million. The company's success is attributed to strong underwriting performance and a disciplined investment strategy. Interim CEO and CFO Hammad Khan highlighted the impact of the UAE's economic growth and digital transformation on the insurance sector. Sukoon's solvency ratio exceeded 270%, well above the regulatory minimum, and total assets reached AED 11.1 billion. The company's financial strength is supported by ratings of A from S&P and A2 from Moody's. These results reinforce Sukoon's position as a leading and financially secure insurer in the UAE.

1. Attached Document

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