InvestorAct
InsightsStocks

InvestorAct

InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

Sector

  • Financials
  • Real Estate
  • Utilities
  • Materials
  • Communication Services
  • PrJSC
  • Industrials
  • Consumer Discretionary
  • Consumer Staples

Social Media

  • Follow us on Instagram

Latest Threads

Check out what has been happening in the community

Previous
Page 845
Next
Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Wathba National Insurance Co.
Disclosures: Al Wathba National Insurance Co. Financial Results for the Period Ended March 31,2024

The text provides the condensed consolidated interim financial information for Al Wathba National Insurance Company PJSC as of 31 March 2024. The principal business address of the company is P.O. Box: 45154, Abu Dhabi, UAE. The document is identified by Zoho Sign Document ID: 2A8F7BDB-QWLELDQWRDRA2VSF9LMTZ5R96GNR8ODXCDZ7G7RQFIM.

1. Disclosures: Al Wathba National Insurance Co. Financial Results for the Period Ended March 31,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC Financial Results for the Period Ended March 31,2024

1. Disclosures: Al Yah Satellite Communications Company PJSC Financial Results for the Period Ended March 31,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Yahsat reports strong first quarter results for 2024

Al Yah Satellite Communications Company PJSC (Yahsat), the UAE's flagship satellite solutions provider, has reported its highest ever Q1 revenue for 2024. Revenue grew 1% from the previous year to AED 371 million, while EBITDA grew 58% to AED 352 million. Net income nearly doubled to AED 194 million. On a normalised basis, EBITDA grew 7% to AED 247 million, and net income fell 8% to AED 99 million, reflecting the introduction of UAE corporate tax. Revenue growth was seen across two segments, Infrastructure and Managed Solutions. Meanwhile, the Mobility Solutions segment recorded lower revenues, and the Data Solutions segment saw a fall in revenues due to lower subscriber numbers. The company also reported strong cash generation and a strong balance sheet.

1. Disclosures: Yahsat reports strong first quarter results for 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Yah Satellite Communications Company PJSC
Disclosures: Al Yah Satellite Communications Company PJSC Board Meeting Results held on 13/05/2024 at 15:00

The Board of Al Yah Satellite Communications Company PJSC held a meeting on May 13, 2024, commencing at 3.00 PM and concluding at 4.35 PM (UAE local time). Eight directors attended the meeting, achieving a quorum of 89%. The Board approved the financial statements for the period ending March 31, 2024. They also discussed general matters related to the Company’s activities and passed suitable resolutions. The meeting's summary was signed by the Board Secretary, Clint Irwin Fransquinho de Barros.

1. Disclosures: Al Yah Satellite Communications Company PJSC Board Meeting Results held on 13/05/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Investcorp Capital PLC
Disclosures: Investcorp Capital PLC Press Release on the Financial Results for the Period Ended March 31,2024

Investcorp Capital has announced its Q3 2024 results, reporting a total comprehensive income of $47 million year-to-date. The company's gross operating income was $67 million, and it generated more net cash from operations than the previous year, which is expected to cover an 8% dividend yield for shareholders. The firm also distributed a dividend of AED 0.1 per share in March 2024. Capital deployment to long-term capital ratio was 0.56x. The Capital Deployment segment generated a 7% return while Capital Financing Services returned 9% on average asset exposure. The company invested $821 million across its business segments and realized $641 million. In February 2024, Investcorp Capital expanded its asset classes to include infrastructure, and in March, it secured an $800 million revolving credit facility for its Capital Financing Services business. To date, over $105 million has been invested across the company's asset classes and geographies.

1. Disclosures: Investcorp Capital PLC Press Release on the Financial Results for the Period Ended March 31,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Investcorp Capital PLC
Disclosures: Investcorp Capital PLC Financial Results for the Period Ended March 31,2024

The interim condensed consolidated financial statements for Investcorp Capital PLC (previously known as Investcorp Capital Limited) for the period from July 1, 2023, to March 31, 2024, has been released.

1. Disclosures: Investcorp Capital PLC Financial Results for the Period Ended March 31,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Investcorp Capital PLC
Disclosures: Investcorp Capital PLC Business Review for Period Ended 31 March 2024

The text provided does not contain any information to summarise. It merely indicates a title and a fiscal year period from July 1, 2023 to March 31, 2024.

1. Disclosures: Investcorp Capital PLC Business Review for Period Ended 31 March 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Investcorp Capital PLC
Disclosures: Investcorp Capital PLC Board Meeting Results held on 13/05/2024 at 15:00

On May 13, 2024, the Board of Directors of Investcorp Capital plc met via video conferencing. During the meeting, they approved the company's audited financial statements for the nine months ending on March 31, 2024. They also approved the appointment of additional authorized signatories for the company. Lastly, they approved the key terms of the company's long-term incentive program.

1. Disclosures: Investcorp Capital PLC Board Meeting Results held on 13/05/2024 at 15:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC Financial Results for the Period Ended March 31,2024

The document provides a review report and summarized consolidated financial information for Abu Dhabi Ports Company PJSC. The data covers the first three months of the fiscal year, ending on 31 March 2024.

1. Disclosures: Abu Dhabi Ports Company PJSC Financial Results for the Period Ended March 31,2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC Board Meeting Results held on 13/05/2024 at 17:00

On 13th May 2024, the Board of Directors of Abu Dhabi Ports Company PJSC held a meeting via video conference. They approved the company's financial statements for the first quarter of the financial year 2024. The Board also discussed recent developments related to the company's activities and projects. The meeting was communicated by Emil Pellicer, the General Counsel, to the Disclosure & Compliance Section of the Market Operations & Surveillance at Abu Dhabi Securities Exchange.

1. Disclosures: Abu Dhabi Ports Company PJSC Board Meeting Results held on 13/05/2024 at 17:00

Previous
Page 845
Next