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Gulf Navigation Holding PJSC announced strong financial results for the first nine months of 2025, showing significant revenue growth, improved profitability, and a strengthened balance sheet. The company's revenue increased by 35% to AED 81.6 million, driven by higher fleet utilization and better performance in vessel chartering. Gross profit reached AED 13.8 million, a turnaround from a loss of AED 12.7 million in the same period last year. Net profit was AED 4.6 million, compared to a loss of AED 23.6 million previously. Total assets grew by 75% to AED 1.29 billion, and total equity increased by 140% to AED 913 million, supported by the issuance of AED 500 million in Mandatory Convertible Bonds. Interest-bearing borrowings were AED 146.4 million following refinancing on improved terms. The results reflect improved operational efficiency and liquidity, positioning the company for future growth and strategic expansion, including the ongoing Brooge acquisition.

On 14 November 2025, the Board of Directors of Gulf Navigation Holding PJSC held a meeting. During this meeting, they approved the interim financial statements for the nine-month period ending 30 September 2025. Additionally, they approved regular matters and other business activities of the company. The communication is signed by Ali Abouda, the Chief Finance & Operation Officer of Gulf Navigation Holding PJSC.

The weekly trading summary for DFM Regulated Short Sell Transactions from 10th November 2025 to 14th November 2025 includes the following data: EMAAR DEVELOPMENT PJSC had a short sell trade volume of 545 and a trade value of AED 8,229.50. For more details on Regulated Short Selling (RSS), refer to the DFM Market Rules and the Operational Model and Procedures available on the DFM website. The announcement is also accessible on the DFM website. Note that the information is subject to change, and DFM is not liable for any losses resulting from the use of this data.

Al Ramz Capital LLC, located in Dubai, UAE, has been appointed as a liquidity provider for Lulu Retail Holdings PLC, the largest retailer in the region by sales and store numbers, listed on the Abu Dhabi Securities Exchange. Starting November 17, 2025, Al Ramz will begin trading Lulu shares following regulatory approvals. The role of a liquidity provider is to enhance share trading by improving order book depth, reducing trading spreads, minimizing price volatility, and increasing trading volume, which helps narrow the gap between intrinsic and market value. Al Ramz is a licensed market maker with over 25 years of experience in UAE capital markets across multiple exchanges. CEO Karim Schoeib expressed satisfaction with the appointment, highlighting Al Ramz's commitment to maintaining high governance and transparency standards. Al Ramz is known for its market-making services and has established itself as a leader in liquidity provision. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering a range of financial services.