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The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) held a meeting where they approved the audited financial statements for the first quarter of 2026. Additionally, Dr. Hamad Mubarak Buamim was appointed to the Audit & Risk Committee. The Board also reviewed general business matters.
The document is a review report and unaudited interim condensed consolidated financial statements for Deyaar Development (P.J.S.C) as of March 31, 2026.
Deyaar Development PJSC reported its financial results for the first quarter of 2026, showing growth and strategic resilience. The company's profit before tax increased by 23.3% to AED 147.7 million, while total revenue rose by 3.2% to AED 447.1 million compared to the same period last year. Total assets also grew by 12.1%, reaching AED 8,151.5 million as of March 31, 2026. Despite challenges in the hospitality sector, Deyaar achieved these results through strong performance in Property and Facility Management.
The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting on May 14, 2026. The contracts, which are set to expire on August 20, 2026, include various futures such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA, each associated with specific contract IDs and symbols. This information is available on the Dubai Financial Market's website, and the announcement notes that the details are subject to change, with the Dubai Financial Market Regulated Derivative Contract Trading Regulation taking precedence in case of any discrepancies.