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Dubai Financial Market News

News Update From Mashreqbank PSc

Disclosure: BOD meeting

Mashreqbank PSC has scheduled a Board of Directors meeting on Tuesday, 29th July 2025, at 11:00 am. The agenda includes approval of the minutes from the previous meeting held on 30th May 2025, approval of the bank’s financial statements for the second quarter ending 30th June 2025, discussion of normal business activities, and any other business matters. The notice is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, with a copy sent to the Securities & Commodities Authority.

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on DU shares starting from 2:00 PM as its BOD meeting is being held today, 24-06-2025 and until results are disclosed
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Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on SUKOONTAKAFL shares after disclosing the results of its BOD meeting
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Dubai Financial Market News

News Update From Emirates NBD PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Emirates NBD's income rose by 12% to AED 23.9 billion in the first half of 2025, driven by strong loan growth, regional expansion, and innovative product offerings. The bank's lending increased by AED 41 billion (8%), and deposits grew by AED 70 billion (10%), with a significant rise in low-cost Current and Savings Account balances. Operating profit increased by 9%, as the growth in loans and deposits offset earlier interest rate cuts. Emirates Islamic, a part of the group, reported a record profit of AED 1.9 billion, highlighting its strong position in the UAE's Islamic banking sector. The group's strategic investments in regional expansion, digital initiatives, and GenAI contributed to income growth, despite lower interest rates. Key figures for the first half of 2025 include a 9% increase in operating profit, a 12% rise in income, and an 8% growth in loans. Deposits increased by AED 70 billion, with a notable AED 48 billion increase in Current and Savings Accounts. The impaired loan ratio improved to 2.8%, and the bank reported a profit before tax of AED 15.4 billion, with a profit of AED 12.5 billion, expenses of AED 7.3 billion, and a net interest margin of 3.47%. The cost to income ratio was 30.3%, and the CET-1 ratio stood at 14.7%.

1. Attached Document

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Dubai Financial Market News

News Update From Emirates NBD PJSC

Disclosure: Financial statements for the 2nd QTR of 2025

1. Attached Document 2. Attached Document

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Dubai Financial Market News

News Update From Emirates NBD PJSC

Disclosure: Results of BOD Meeting

On July 24, 2025, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, regarding the disclosure of the results from the Emirates NBD Bank Board of Directors meeting held on July 23, 2025. During the meeting, the board approved the minutes from the previous meeting on April 21, 2025, approved the financial results for the three-month period ending June 30, 2025, and discussed normal business activities. The letter was signed by Dr. Ahmed Alkhalfawi, Group Company Secretary of Emirates NBD Bank, and a copy was sent to the Securities & Commodities Authority.

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Dubai Financial Market News

News Update From Emirates Islamic Bank PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Emirates Islamic reported a record profit before tax of AED 2.2 billion for the first half of 2025, driven by strong income and deposit growth. Total income increased by 9% year-on-year to AED 2.9 billion due to growth in both funded and non-funded income streams. Customer financing rose by 13% to AED 80 billion, and customer deposits grew by 27% to AED 97.4 billion, with current and savings accounts making up 65.5% of total deposits. The bank's total assets increased by 24% to AED 138 billion. Expenses rose by 15% due to ongoing investments, while impairment allowances were at AED 136 million. Operating profit improved by 6% year-on-year, and net profit increased by 12% to AED 1.863 billion, with a net profit margin of 3.74%. The bank maintained a strong capital position with a Common Equity Tier 1 ratio of 17.4% and a capital adequacy ratio of 18.5%. The non-performing financing ratio stood at 2.8%, with a coverage ratio of 159.9%. The financing to deposit ratio was 82%, within the management's target range.

1. Attached Document

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Dubai Financial Market News

News Update From Emirates Islamic Bank PJSC

Disclosure: Financial statements for the 2nd QTR of 2025

The document is an unaudited group condensed consolidated interim financial statement for Emirates Islamic Bank, a public joint stock company. It covers the six-month period ending on June 30, 2025. The bank's head office is located on the 3rd floor of Building 16 in Dubai Health Care City, Dubai. Contact details include a telephone number, fax number, and a P.O. Box address in Dubai, United Arab Emirates. The bank's website is www.emiratesislamic.ae.

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Dubai Financial Market News

News Update From Emirates Islamic Bank PJSC

Disclosure: Results of BOD Meeting

The Board of Directors of Emirates Islamic Bank (P.J.S.C) held a meeting on Wednesday, 23 July 2025. During this meeting, they approved the minutes from the previous meeting held on 21 April 2025, approved the financial results for the three-month period ending 30 June 2025, and discussed normal business activities. The letter is signed by Dr. Ahmed Alkhalfawi, Group Company Secretary of Emirates NBD Bank (P.J.S.C).

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Dubai Financial Market News

News Update From Takaful Emarat (PSC)

Disclosure: Board Decisions by Passing

Takaful Emarat Insurance (P.S.C) is a public shareholding company in Dubai, United Arab Emirates, operating under Federal Law No. 48 of 2023. It is registered in the insurance companies register with number 86, dated October 14, 2008. The company is planning a board meeting on Saturday, July 26, 2025, at 3:00 PM. The meeting will be held by circulation to consider the appointment of a new board member to fill a vacant position. The acting Chief Executive Officer, Adnan Sabaalaish, is the authorized signatory for this disclosure, dated July 23, 2025.

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