Latest Threads

The document is a review report and interim condensed financial statements for Orient Takaful P.J.S.C. as of June 30, 2025. The report is unaudited.

Air Arabia PJSC has announced that its board of directors will meet on Wednesday, August 13th, at 3:00 PM. During this meeting, the board will discuss and approve the financial results for the second quarter of 2025.

Al Ramz Corporation PJSC reported strong financial performance in the first half of 2025, with net profit increasing sevenfold to AED 18.8 million compared to the same period last year. The company experienced a 62% rise in revenue, driven by strong results in brokerage, market making, asset management, and higher financing income. Al Ramz was awarded significant liquidity provision mandates by ADNOC Group, enhancing its market-making capabilities. The corporation continues to focus on sustainable growth through investments in innovation and technology, particularly in its digital financial mall. Assets under management grew by 75%, and asset management revenues increased by 98%, with public equity net total returns of 8.6%, outperforming the benchmark.

On August 4, 2025, Takaful Emarat Insurance PSC announced the resignation of Mr. Haroon Ahmad from its Board of Directors, where he served as an independent, non-executive member. His resignation was accepted and became effective on the same date, with personal reasons cited as the cause. The announcement was authorized by Adnan Saba Elaish, the Acting Chief Executive Officer, and was confirmed with a signature and company seal.