Al Firdous Holdings PJSC

Logotype for Al Firdous Holdings PJSC
Ticker/ISIN
ALFIRDOUS
AEA003101010
Market/Country
Dubai Financial Market
United Arab Emirates

About Al Firdous Holdings PJSC

Country of Origin: United Arab Emirates (U.A.E)

Al Firdous (P.J.S.C) (formerly Manasek P.J.S.C) is a public joint stock company registered on 1 July 1998 in the Emirates of Dubai, United Arab Emirates, according to Ministerial Decree Number (106) for the year 1998, and which commenced its operations on 22 October 1998. On 31 September 2007, the company secured approval from Ministry of Economy to change its name from (Manasek P.J.S.C) to (Al Firdous Holding P.J.S.C).

Up to 31 December 2008, the company operated as a group consisting of the company (the partner company) and Al Firdous Group Co Ltd for Hotels, a company established in the Kingdom of Saudi Arabia and involved in managing and operating hotels and restaurants in the Kingdom of Saudi Arabia and organizing Hajj and Umra trips.

Latest Pressrelease Summaries from Al Firdous Holdings PJSC

On December 5, 2024, Sheikh Ahmed Khaled Zayed Saquer Al Nahyan resigned from his position as a member of the Board of Directors at Al Firdous P.J.S.C for personal reasons. The board plans to appoint a new member to replace him at the next board meeting and will disclose the information accordingly. This communication was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, and a copy was sent to the Securities and Commodities Authority.
The Board of Directors of Al Firdous (P.J.S.C.) held a meeting on Tuesday, November 12, 2024, at 3:10 PM. During the meeting, the board discussed the Audit Committee's recommendations and reviewed the company's financial statements for the second quarter ending September 30, 2024. The board decided to adopt these preliminary financial statements and authorized the chairman, Sheikh Khaled Zayed S. Al Nahayan, to sign and disclose them. A copy of this announcement has been sent to the Security and Commodities Authority.
Al Firdous (P.J.S.C.) has announced that its Board of Directors will meet on Tuesday, November 12, 2024, at 3:10 PM. The purpose of the meeting is to adopt the preliminary financial statements for the second quarter ending on September 30, 2024. The announcement was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Sheikh Khaled Zayed S. Al Nehayan, Chairman. A copy of the announcement was also sent to the Security and Commodities Authority.
The Board of Directors of Al Firdous (P.J.S.C.) held a meeting on Tuesday, 13th August 2024, at 3:00 PM. The meeting covered the following points: 1. Periodic review of the tasks and functions performed by the Board of Directors and those delegated to Senior Executive Management. 2. Review of the executive and non-executive obligations as stated in Article 11 of the Board of Directors of SCA No. 7/R for the year 2016. 3. Periodic review of the responsibilities of the Board Chairman as stipulated in Article 42 of the Board of Directors of Securities and Commodities Authority No. 7/R for the year 2016. 4. Decision not to provide any remuneration to board members or the chairman for attending board meetings or committee meetings, as these meetings occur on the same date.
Al Firdous Holdings (P.J.S.C.) and its subsidiary in Dubai, United Arab Emirates, have released their interim condensed consolidated financial statements for the three months ending June 30, 2024. These statements are accompanied by a review report and are unaudited.
The text is a formal announcement from Al Firdous (P.J.S.C.) regarding the date of their Board of Directors' meeting, addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market. The meeting is scheduled for Tuesday, August 13, 2024, at 3:00 PM to review the preliminary financial statements for the first quarter ending June 30, 2024. The announcement is signed by Sheikh Khaled Zayed S. Al Nahayan, Chairman of the Board, and a copy is sent to the Security and Commodities Authority. Contact details for Al Firdous Holdings in Dubai are also provided.
Boulevard Plaza 2, 14th floor, P.O. Box: 35000, Dubai, UAE. Landline: +971 4 3739826, Fax: +971 4 3328432, email: info@alfirdousholdings.info Date: 2024.07.26 To: Mr. Hamed Ahmed Ali, CEO, Dubai Financial Market, Dubai, UAE. Subject: Rise in Al Firdous Holdings Share Al Firdous Holdings extends its best regards. In response to your inquiry dated 2024.07.26 regarding the rise in Al Firdous Holdings' share over sessions from 24/07/2024 to 25/07/2024, we confirm that the company has no undisclosed financial, operational, or technical information that could explain the increase in the share price. Best regards, Sheikh Khaled Bin Zayed Saqr Al Nahyan, Chairman of the Board.
Al Firdous Company (PJSC) is inviting its shareholders to attend the Annual General Assembly Meeting on Wednesday, July 24, 2024, at 12:00 noon. The meeting will be held at Boulevard Plaza 2, opposite Burj Khalifa, Dubai, or via online attendance through a link sent to registered shareholders. The agenda includes reviewing and approving reports on the company's activities, financial position, external auditor's report, budget, profit and loss statement, and corporate governance for the financial year ending March 31, 2024. Other points include discharging liabilities of board members and auditors, authorizing board representatives for meetings, discussing profit distribution, board allowances, and reappointing external auditors for the next financial year. Shareholders registered by July 23, 2024, are eligible to vote, and remote voting provisions are outlined. The meeting requires at least 50% shareholder attendance or representation by proxy to be valid. If the quorum is not met, a second meeting will be held on July 29, 2024. Financial statements are available on the Dubai Financial Market website and at the meeting venue.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: Results of BOD Meeting

Al Firdous Holdings (P.J.S.C.) and its subsidiary in Dubai, United Arab Emirates, have released their consolidated financial statements for the period ending March 31, 2024. These statements are accompanied by an independent auditor's report.

1. Attached Document 2. Attached Document 3. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: Financial statements for the financial year as ended on 31 March 2024

Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, have released their consolidated financial statements for the period ending March 31, 2024. These statements are accompanied by an independent auditor's report.

1. Attached Document

FinDiesel

FinDiesel

Commented on ConsumerPrincesss Transaction regarding Al Firdous Holdings PJSC

Interesting move with Al Firdous Holdings! Diversifying into PrJSC and Consumer Discretionary sectors shows some bold strategy. Keep your foot on the gas and let's see where this ride takes you! 💪🚗💨
Dubai Financial Market News

Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: BOD meeting

The headquarters of Al Firdous (P.J.S.C.) in Dubai, UAE, announced that the Board of Directors' meeting will be held on Monday, June 24, 2024, at 3:00 PM. The agenda includes discussing and approving the final financial report for the fiscal year ending March 31, 2024, reviewing the Nominations and Bonuses Committee's recommendation not to distribute meeting attendance allowances to board members, and mandating Sheikh Khaled Zayed S. Al Nahyan, the Chairman of the Board, to take necessary actions to call for the General Assembly meeting. The announcement is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, with a copy sent to the Security and Commodities Authority.

1. Attached Document

FinDiesel

FinDiesel

Commented on ConsumerPrincesss Transaction regarding Al Firdous Holdings PJSC

Interesting move with Al Firdous Holdings! Betting on PrJSCs and Consumer Discretionary can be a wild ride. Stay strong and keep pushing, brother. Remember, it's all about the long game! 💪🚗💨
Dubai Financial Market News

Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: Preliminary financial results for the year as ended on 31 March 2024

The text refers to the unaudited, consolidated financial statements of Al Firdous Holdings (P.J.S.C.) and its subsidiary as of March 31, 2024. The company is based in Dubai, United Arab Emirates.

1. Attached Document 2. Attached Document

DFM News

DFM News

News Update From Al Firdous Holdings PJSC

Disclosure: Financial statements for the 3rd QTR of 2023

The document is an unaudited interim condensed consolidated financial statement from Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates. The report covers the financial performance of the company for the nine months ending on December 31, 2023, and includes a review report.

1. Attached Document

DFM News

DFM News

News Update From Al Firdous Holdings PJSC

Disclosure: Results of BOD meeting

The Board of Directors of Al Firdous (P.J.S.C.) held a meeting on 13/02/2024. During the meeting, the board discussed the Audit Committee's recommendations and reviewed the financial statements for the 3rd quarter ending on 31/12/2023. The board decided to adopt the preliminary financial statements and authorized the chairman, Sheikh Khaled Zayed S. Al Nahayan, to sign them. The meeting was held at Boulevard plaza 2, 14th floor, P.O box: 35000 Dubai UAE. The results of this meeting were communicated to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market.

1. Attached Document

DFM News

DFM News

News Update From Al Firdous Holdings PJSC

Disclosure: BOD meeting

The text is a formal letter from Sheikh Khaled Zayed S. Al Nehayan, Chairman of Al Firdous (P.J.S.C.), addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter announces that the Board of Directors Meeting of Al Firdous will be held on 13/02/2024 at 3:00 PM for the adoption of the preliminary financial statements for the third quarter ending on 31/12/2023. The company's contact details are also provided, including their address in Dubai, UAE, a landline number, a fax number, and an email address. A copy of the letter is also sent to the Security and Commodities Authority.

1. Attached Document

JohnnyDebt

JohnnyDebt

Commented on ConsumerPrincesss Transaction regarding Al Firdous Holdings PJSC

Interesting move with Al Firdous, mate. Even with the low yield, I see potential in PrJSC. Just watch the timing, savvy?