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

The document contains the interim condensed consolidated financial statements of Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates, for the nine months ending December 31, 2024. It includes a review report and is unaudited.
The text is a formal announcement addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, from Sheikh Khaled Zayed S. Al Nahyan, Chairman of the Board of Al Firdous (P.J.S.C.). It communicates the results of the company's Board of Directors meeting held on February 13, 2025. The board approved the preliminary financial statements for the third quarter ending December 31, 2024, and authorized the chairman to sign them. Additionally, they appointed Eng. Mohamed Bahaa Khairy Al Qaseer to the board following the resignation of Sheikh Ahmed Khaled Zayed Saqr Al Nahyan. This appointment will be subject to confirmation at the next General Assembly meeting. A copy of the announcement was also sent to the Security and Commodities Authority.
Al Firdous (P.J.S.C.) informs Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, that its Board of Directors will meet on Thursday, February 13, 2025, at 3:10 PM. The meeting will address the adoption of the company’s preliminary financial statements for the third quarter ended December 31, 2024. The announcement is signed by Sheikh Khaled Zayed S. Al Nahyan, Chairman of the Board, with a copy sent to the Securities and Commodities Authority.
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.

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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.

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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

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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?
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News Update From Al Firdous Holdings PJSC

Disclosure: Financial statements for the 2nd QTR as ended on 30.9.2023

The text presents the interim condensed consolidated financial statements for Al Firdous Holdings (P.J.S.C.) and its subsidiary. The report, which is not audited, covers the six months period ending on September 30, 2023. The company is based in Dubai, United Arab Emirates.

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News Update From Al Firdous Holdings PJSC

Disclosure: Board Meeting Results on 10.11.2023

The text refers to the unaudited interim condensed consolidated financial statements of Al Firdous Holdings (P.J.S.C.) and its subsidiary, based in Dubai, United Arab Emirates. The financial statements cover the six-month period ending on September 30, 2023, and include a review report.

1. Attached Document 2. Attached Document

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News Update From Al Firdous Holdings PJSC

Disclosure: BOD meeting date

The letter is from Al Firdous Holdings, located on the 14th floor of Boulevard Plaza 2 in Dubai, UAE. The letter is addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The subject of the letter is the announcement of the date for the Board of Directors' meeting of Al Firdous. The meeting is scheduled for 10/11/2023 at 2:00 PM, with the purpose of adopting the preliminary financial statements for the second quarter ending on 30/09/2023. The letter is signed by Sheikh Khaled Zayed S. Al Nehayan, the Chairman of Al Firdous Holdings. A copy of the letter is also forwarded to the Security and Commodities Authority.

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News Update From Al Firdous Holdings PJSC

Disclosure: Notification from the company regarding the recent trading in the shares during dates from 17 to 19 October 2023

The text is a letter from Sheikh Khaled Zayed S. Al Nahayan, the Chairman of Al-Firdous Holding Company, to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter, dated 20/10/2023, is in response to an inquiry about the increasing trading price of Al-Firdous Company's shares from 17 to 19 October 2023. The chairman confirms that there is no operational or technical information or news related to the company's operations that has not been disclosed or justifies the increase in share trading. He advises shareholders and investors to rely on the company's disclosed financial statements when making investment decisions. A copy of the letter is also sent to the Security and Commodities Authority.

1. Attached Document

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QueenOfCommunication

Commented on ConsumerPrincesss Transaction regarding Al Firdous Holdings PJSC

Hey @ConsumerLord, interesting choice with Al Firdous Holdings! Do you see a solid recovery ahead for PrJSCs and the consumer discretionary sector? 📈 Your portfolio's doing well!
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RealEstateKing

Commented on ConsumerPrincesss Transaction regarding Al Firdous Holdings PJSC

Hey ConsumerLord, interesting move with Al Firdous Holdings PJSC! I see a big potential with PrJSCs. Keep an eye on the market trends. Best of luck!
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News Update From Al Firdous Holdings PJSC

Disclosure: Financial statements for the 1st QTR of 2023

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