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The text refers to the consolidated interim financial statements of Alnaeem Holding Company for Investments (S.A.E) - Freezone, for the period ending March 31, 2026. These statements are accompanied by a limited review report.
Drake & Scull International (DSI) reported a revenue of AED 76.6 million in the first quarter of 2026, marking a 152% increase compared to the same period in 2025. The net profit for the quarter reached AED 4.4 million, an 81% rise year-on-year. The company, active in engineering, construction, and development, attributed the growth to accelerated execution in its infrastructure and water treatment projects. The gross profit increased significantly to AED 8.2 million, with the gross margin improving from 7% to 11%. Despite regional challenges, DSI maintained a stable balance sheet, with total assets at AED 583.4 million and strong liquidity with cash and bank balances at AED 209.4 million. Total equity stood at AED 191.8 million.
On May 13, 2026, Watania International Holding (PJSC) held a Board of Directors meeting at 2:00 PM. The board approved the financial statements for the first quarter ending March 31, 2026, and discussed routine business matters. The meeting details were authorized by Nawal Ma’ally, the Board Secretary, with the company's seal affixed on the same date.
The Dubai Taxi Company PJSC has scheduled an analysts' call on Thursday, May 14, 2026, at 2:00 PM to discuss the acquisition deal of National Taxi LLC. The presentation for this meeting will be available on the company's website prior to the call. The communication is addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. Nader Ibrahim Mugbil, Head of Investor Relations, signed the notice.