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The Board of Directors of Dubai Refreshment P.J.S.C will hold a meeting on Tuesday, July 29, 2025, at 10:00 AM. The meeting will be conducted at the company's headquarters in Dubai Investment Park 2, Dubai, and via online video technology. The agenda includes reviewing and approving the interim financial report for the second quarter of 2025 and discussing various internal company matters to make appropriate decisions. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and is signed by Karem Mahmoud, Director of Legal at Dubai Refreshment P.J.S.C.
Emirates Integrated Telecommunications Company PJSC (du) reported an 8.6% year-over-year increase in revenue for the second quarter of 2025, driven by strong performance across all business segments. The EBITDA margin improved to 46.8%, a 3.1 percentage point increase, due to a focus on value-driven products and cost management. Net profit rose by 25.1%. The Board of Directors approved an interim cash dividend of AED 0.24 per share, a 20% increase from the previous year. The company saw subscriber growth in both Mobile (10.8%) and Fixed (12.0%) segments. For 2025, du expects revenue growth between 6-8% and an EBITDA margin of 45-47%. The company is investing in future growth, including deploying a hyperscale datacentre with Microsoft and launching the National Hypercloud platform.
The document is a review report and condensed consolidated financial statements for Emirates Integrated Telecommunications Company PJSC and its subsidiaries, covering the six-month period ending on June 30, 2025.
Amlak Finance PJSC announced the early and complete settlement of its outstanding financial obligations by paying AED 898 million to the remaining six financiers, ahead of the contractual schedule set for October 2026. This settlement marks the full resolution of AED 10.2 billion with 29 financiers since the 2014 restructuring under the Common Terms Agreement. The Board of Directors and leadership team played a crucial role in overcoming the challenges related to these financial obligations. Strategic actions, including the sale of land assets, facilitated this early settlement. CEO Arif Albastaki highlighted that this achievement reflects Amlak's commitment to financial stability and positions the company to focus on growth opportunities and transformation. Amlak aims to maintain a focus on innovation, efficiency, and sustainable growth, creating long-term value for shareholders.
The Dubai Financial Market has announced the expiry settlement price for the Micro GME Oman Crude Oil Futures contracts expiring in July 2025. The settlement price for the contract series code OMOIL U25 is 71.33 USD, with the contract ID (ISIN) OIL240725001. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.