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Al Dhafra Insurance Company P.S.C. has released its unaudited condensed interim financial information for the nine-month period ending on September 30, 2024.

The text refers to the independent auditor's review report and the condensed consolidated interim financial statements of ARAM Group Company P.J.S.C and its subsidiary for the nine-month period ending on September 30, 2024, in Sharjah, United Arab Emirates.

HAYAH Insurance Company P.J.S.C. has released its unaudited condensed interim financial information for the nine-month period ending on September 30, 2024.

Dubai Investments PJSC reported a net profit after tax of AED 650.51 million for the nine-month period ending September 30, 2024, and AED 241.31 million for the three-month period ending the same date. This represents an 80% and 78% increase, respectively, compared to the previous year when adjusted for a one-off gain. The company's total assets grew to AED 21.81 billion as of September 30, 2024, from AED 21.44 billion at the end of 2023, with equity attributable to shareholders rising to AED 13.58 billion. Khalid Bin Kalban, Vice Chairman and CEO, highlighted the group's strategic focus on sustainable growth and diversification, noting strong performance in the real estate sector and investment portfolio.

SHUAA Capital, a leading asset management and investment banking platform in the UAE, reported its financial results for the third quarter of 2024. The company reduced its net loss to AED 22 million, a decrease from AED 29.5 million in the previous quarter. SHUAA has been optimizing its balance sheet with valuation adjustments and impairments of legacy investments as part of a major business transformation. In April 2024, SHUAA reached an agreement with bondholders to amend terms, aiming to reduce leverage by over AED 500 million, with plans to issue two Mandatory Convertible Bonds. The company is focusing on increasing Assets under Management, securing new mandates, and strengthening client and creditor relationships. CEO Wafik Ben Mansour expressed satisfaction with the progress and confidence in SHUAA's future growth. Financial highlights include a revenue of AED 19 million for Q3 2024 and a year-to-date net loss of AED 138 million, improved from AED 570 million in the previous year.

SHUAA Capital psc reported accumulated losses of AED 967 million for Q3 2024, with an accumulated losses to capital ratio of 38.13%. The losses are primarily attributed to fair value losses from impairments and write-offs related to investments, goodwill, and receivables in the UK, legacy real estate assets, and valuation adjustments of an associate's underlying asset. Additional factors include the recognition of a deferred tax liability due to new corporate tax laws in the UAE, receivable write-offs from revised land valuations in the UAE, fair value losses from investments in public market securities and managed investments, and accrued coupons on USD 150 million bonds issued by an affiliated SPV.

The document is a review report and condensed interim financial information for Abu Dhabi National Takaful Company P.S.C. for the nine-month period ending on September 30, 2024.