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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 EMAAR DEVELOPMENT PJSC
Disclosure: Financial statements for the first QTR of 2024

The text contains unaudited interim condensed consolidated financial statements for the period ending 31st March 2024, provided by Emaar Development PJSC and its subsidiaries. The document is intended for those interested in the financial performance of these companies.

1. Disclosure: Financial statements for the first QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From AMANAT HOLDINGS PJSC
Disclosure: Financial statements for the 1st QTR of 2024

1. Disclosure: Financial statements for the 1st QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From AMANAT HOLDINGS PJSC
Disclosure: Press release regarding financial results for the 1st QTR of 2024

Amanat Holdings PJSC, a leading investment company in healthcare and education, reported a 21% year-on-year revenue growth to AED 224 million in Q1 2024, with EBITDA up 13% to AED 80 million. The strong performance of the Education and Healthcare platforms, which increased by 24% and 17% respectively, drove this growth. The company also reported a net profit before tax and Zakat of AED 53.6 million, up 18% year-on-year. Amanat has a significant cash balance of AED 634.1 million with low leverage, allowing for capital deployment on growth opportunities and return of capital to shareholders. The company is also exploring monetization options, including a potential regional IPO, for its Education platform.

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

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From AMANAT HOLDINGS PJSC
Disclosure: Results of BOD meeting

1. Disclosure: Results of BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From National Central Cooling Co.
Disclosure: Result of Earnings Call

The document is a communication dated 15 May 2024, addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, UAE, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market in Dubai, UAE. The subject of the letter is the earnings call of the National Central Cooling Company (Tabreed) held on the same day. The call, which took place at 3pm, discussed the financial results for the period ending on 31 March 2024. The earnings call documents are available on the company's website, under the Investor Relations section. The letter is signed by Sean Magee, the company secretary.

1. Disclosure: Result of Earnings Call

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Financial statements for the 1st QTR of 2024

1. Disclosure: Financial statements for the 1st QTR of 2024

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 DNIR shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Results of BOD meeting

1. Disclosure: Results of BOD meeting

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