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Emaar Properties PJSC reported significant financial growth for the first half of 2024. Group property sales increased by 56% to AED 31.5 billion (US$ 8.6 billion), and the property sales backlog reached AED 90.1 billion (US$ 24.5 billion). Net profit before tax rose by 33% to AED 7.8 billion (US$ 2.1 billion) compared to the same period in 2023. Additionally, Emaar announced a AED 1.5 billion (US$ 408 million) investment to expand Dubai Mall with 240 new luxury retail options. Total revenue grew by 17% to AED 14.4 billion (US$ 3.9 billion), driven by robust demand in Dubai's real estate market, strong project execution, and growth in tourism and retail sales. EBITDA increased by 24% to AED 8 billion (US$ 2.2 billion). Mohamed Alabbar highlighted the company's strategic investments and commitment to long-term success and customer satisfaction.
Date: 8 August 2024 Ref: WIH-396-0808 Notification of Board of Director’s Meeting Company: Watania International Holding (PJSC) Meeting Date: Tuesday, 13 August 2024 Meeting Time: 12:00 PM Agenda: 1. Review and endorse the financial statements for the second quarter ended on 30 June 2024. 2. Routine business discussions. Authorized Signatory: Nawal Ma’ally, Board Secretary Signature and Date: 8 August 2024 Company’s Seal
Al Fujairah National Insurance Company PJSC has released its unaudited condensed interim financial information for the period ending June 30, 2024.
The Board of Directors of HAYAH Insurance Company (P.J.S.C) invites its shareholders to attend the General Assembly Meeting on Friday, 30/08/2024 at 2:00 PM, either in person at the company’s head office in Abu Dhabi or remotely online. The agenda includes the ratification of Mr. Samer Abdul Rahman Katerji as a board member and the election of a new board member for a vacant position. Shareholders can register and vote online via the "smartagm.ae" platform. Attendance can be delegated through a special power of attorney, and corporate entities can appoint representatives. Shareholders registered by 29/08/2024 are eligible to vote. Financial statements and corporate governance reports are available on the Abu Dhabi Securities Exchange and the company’s website. The meeting requires a quorum of at least 50% of the company’s share capital, with a second meeting scheduled for 06/09/2024 if the quorum is not met. Further information on shareholder rights is available on the Securities and Commodities Authority’s website.
RAK Ceramics PJSC has released its earnings presentation for the second quarter and the first half of 2024 as of August 2024.
In August 2024, the platform released its Q2 2024 earnings report.