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Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Al Ramz Corporation Investment and Development PJSC
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
för 2 år sedan
News Update From Fujairah Cement Industries
ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 31 Jul 2024

Resolution No. (446) of 2024 mandates the temporary suspension of trading in Fujairah Cement Industries (FCI) shares on the Abu Dhabi Securities Exchange (ADX) from 11:00 AM on July 31, 2024, until the results of FCI's Board of Directors meeting are received. This decision aligns with Article No. (16) of the Regulations Concerning the Listing of Securities on ADX. The resolution requires all ADX department heads to implement the suspension within their respective areas and ensures the resolution is communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on July 29, 2024.

1. ADX Disclosures: Temporary suspension of trading on the shares of Fujairah Cement Industries on 31 Jul 2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
för 2 år sedan
News Update From Al Dar Properties
ADX Disclosures: ALDAR Resumption Notice

ALDAR Properties PJSC has released a review report and interim financial information for the six-month period ending on June 30, 2024.

1. ADX Disclosures: ALDAR Resumption Notice

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on BHMCAPITAL shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From BHM Capital Financial Services PSC
Disclosure: Press release

BHM Capital Financial Services, a leading financial institution in the UAE, reported a 24% increase in its net pre-tax profit, reaching AED 18.4 million in the first half of 2024. After taxes, net profit was AED 16.8 million, a 14% rise from AED 14.8 million in the same period last year. The company's total income surged by 30% to AED 76.6 million, and total assets increased by 1%. The number of new accounts grew nearly fourfold to 19,192, significantly boosting market trading activity. CEO Abdul Hadi Al Sa’di attributed the profit increase to the company's strategy and efforts in diversifying revenue sources. BHM Capital is also a liquidity provider for many companies listed on UAE financial markets, contributing to their stability.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From BHM Capital Financial Services PSC
Disclosure: Financial statements for the 2n QTR of 2024

BHM Capital Financial Services PSC has released its condensed consolidated interim financial information for the six-month period ending on June 30, 2024.

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Financial statements for the 2n QTR of 2024

1. Disclosure: Financial statements for the 2n QTR of 2024

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Press release

Drake & Scull International announced its Q2 2024 financial results, highlighting a net profit of AED 3.79 billion. The company achieved this profit following the completion of a six-year restructuring plan, which included write-offs of debt, legal provisions, and bank interest totaling AED 4.1 billion. Excluding the profit from the restructuring settlement, the company reported a semi-annual net profit of AED 30 million. Additionally, the company's equity improved from a deficit of AED 4.4 billion at the end of 2023 to a positive AED 180 million by June 30, 2024. The Chairman of the Board, Engineer Shafiq Abdelhamid, expressed satisfaction with the company's return to profitability despite facing significant financial, legal, and operational challenges.

1. Disclosure: Press release

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Results of BOD Meeting

Date: 29 July 2024 Mr. Hamed Ahmed Ali CEO - Dubai Financial Market Dubai - United Arab Emirates Subject: Board of Directors Meeting Number 6 of 2024 of Drake & Scull International PJSC (the “Company”) The Board of Directors of Drake & Scull International PJSC held its sixth meeting of 2024 on Friday, 26 July 2024, at 3:00 PM at the Company’s offices. The results are as follows: 1. The Board of Directors approved the previous minutes of the meeting. 2. The Board of Directors reviewed and approved the company’s unaudited financial statement for the second quarter of 2024. 3. The Board of Directors discussed routine and operational matters of the Company. Sincerely, Dana Abualghanam Board Secretary

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Drake & Scull International P.J.S.C
Disclosure: Clarification from the company regarding the accumulated losses

1. Disclosure: Clarification from the company regarding the accumulated losses

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