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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Al Dhafra Insurance Co.

Disclosures: Al Dhafra Insurance Co. Announcement of Board Meeting to be held on 13/11/2024 at 12:00

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Abu Dhabi National Takaful Co.

Disclosures: Abu Dhabi National Takaful Co. Board Meeting Results held on 12/11/2024 at 10:00

The Abu Dhabi National Takaful Company held a Board of Directors meeting on Tuesday, November 12, 2024, from 10:00 AM to 11:30 AM, with all nine board members present, achieving a 100% quorum. During the meeting, the board approved the minutes from the previous meeting, discussed and approved the financial statements for the period ending September 30, 2024, and addressed general operational issues. The meeting's decisions and resolutions were authorized by Osama Abdeen, the Chief Executive Officer.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Sharjah Cement and Industrial Development Co.

Disclosures: Sharjah Cement and Industrial Development Co. Management Report for the Period Ended September 30,2024

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Sharjah Cement and Industrial Development Co.

Disclosures: Sharjah Cement and Industrial Development Co. Financial Results for the Period Ended September 30,2024

Sharjah Cement and Industrial Development Co. (PJSC) and its subsidiary have released their unaudited interim condensed consolidated financial statements for the period ending 30 September 2024.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Union Insurance Company

Disclosures: Union Insurance Company Board of Directors' Report for the Period Ended September 30,2024

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Union Insurance Company

Disclosures: Union Insurance Company Financial Results for the Period Ended September 30,2024

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Dubai Financial Market News

Dubai Financial Market News

News Update From Watania International Holding PJSC

Disclosure: Notification from the company

Watania International Holding reported a net profit before tax of AED 9.7 million for the first nine months of 2024, marking its fourth consecutive quarter of profitability despite significant one-time claims from the UAE's April rains. The company's improved financial performance was driven by better results in its Medical portfolio, though overall Takaful revenue declined by 9% due to challenges in the Motor and Property lines. Operating expenses decreased by 12% due to operational efficiencies, and the combined operating ratio improved to just above 100%, or 97% when adjusted for the rain-related claims. The company highlighted its strategic focus on long-term shareholder value, technological advancements, customer service, and operational improvements across its Takaful subsidiaries.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Watania International Holding PJSC

Disclosure: Financial statements for the 3rd QTR of 2024

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Dubai Financial Market News

Dubai Financial Market News

News Update From Watania International Holding PJSC

Disclosure: Results of BOD Meeting

On 12 November 2024, Watania International Holding (PJSC) held a Board of Directors meeting at 3:00 PM. During the meeting, the board approved the financial statements for the third quarter ending 30 September 2024 and discussed routine business matters. The meeting details were authorized by Nawal Ma’ally, the Board Secretary, and documented with the company's seal.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Emirates Investment Bank PJSC

Disclosure: Financial statements for the 3rd QTR of 2024

Emirates Investment Bank P.J.S.C. has released its interim condensed financial information for the nine-month period ending on September 30, 2024.

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