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Union Properties PJSC reported a strong financial performance for the first quarter of 2025, with an 18.2% increase in revenue, reaching AED 163 million compared to AED 138 million in the same period of 2024. The company also saw a 25.3% rise in gross profit, amounting to AED 42.8 million, driven by improved operational efficiency and sustained demand. Union Properties continues its financial restructuring efforts, reducing its bank debt by AED 179 million in Q1 2025 and planning to pay down an additional AED 159 million in Q2 2025. This follows the settlement of AED 723 million in 2024, demonstrating the company's commitment to disciplined financial management and long-term sustainability. CEO Eng. Amer Khansaheb highlighted the strong start to 2025 as evidence of the effectiveness of their strategic initiatives and business model.
The document outlines the margin parameters for DFM Futures, effective from May 9, 2025. It lists various underlying symbols, their base margin percentages, currencies, and margin amounts per contract. The base margin percentages range from 5% to 12%, with margin amounts specified in AED or USD. The methodology for margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures on the Dubai Clear website. The announcement is available on the Dubai Financial Market website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.