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Burjeel Holdings PLC has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024. These statements are unaudited.
GFH Financial Group B.S.C. announced a partnership with Infracorp and Kempinski to launch the Harbour Heights Kempinski Hotel and exclusive branded residences. This announcement was made during the Gateway Gulf Forum 2024. The investment is expected to positively impact the group's financial statements and increase returns. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
The document is a review report and interim condensed consolidated financial statements for Orient Insurance PJSC and its subsidiaries, dated September 30, 2024. The financial statements are unaudited.
Al Ramz Corporation PJSC, a financial services provider in the UAE, announced a net profit of AED 9.2 million for the third quarter of 2024. The company saw a 49% increase in corporate finance and advisory revenues and was designated as the liquidity provider for several companies, including ADNOC Drilling Company PJSC and Abu Dhabi Ports Company PJSC. Despite regional geopolitical challenges impacting capital markets, Al Ramz remains focused on sustainable growth through investments in digital trading, market making, asset management, and credit services. The digital trading platform saw significant user growth, with a 112% increase from the previous quarter. The platform now offers full Arabic language support and received the "Mobile App of the Year" award from Entrepreneur Middle East's Leaders in Fintech Awards 2024.