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On 13 February 2025, a communication was sent to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding the earnings call of Dubai Taxi Company PJSC. The call is scheduled for Thursday, 20 February 2025, at 3:00 PM to discuss the financial results for the year ending 31 December 2024. The presentation will be available on the company's website prior to the meeting. The message was from Rami Mohammad Al Banna, Head of Investor Relations, and a copy was also sent to the Securities and Commodities Authority.
The Dubai Taxi Company P.J.S.C. has scheduled a Board of Directors meeting for Wednesday, February 19, 2025, at 3:00 pm at the company's headquarters. The agenda for the meeting includes discussions and approvals on the Board of Directors report and audited financial statements for the fiscal year 2024, finalization of details for the company's Annual General Meeting for the fiscal year 2024, the Corporate Governance Report for the fiscal year 2024, and other operational and internal matters. The notification is addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority. The notification is signed by Vicken Khochafian, Board Secretary and Governance Director.
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 Dubai Taxi Company PJSC, established on November 9, 2023, has a paid-up, subscribed, and authorized capital of AED 100,000,000. The company is chaired by H.E. Abdul Muhsen Ibrahim Kalbat, with Mr. Mansoor Rahma Juma Abdulla Alfalasi serving as the CEO. Deloitte & Touche (M.E.) is the external auditor. The company's mailing address is DTC Main Building, Amman Street, Al Muhaisnah 4, PO Box 2647, Dubai, UAE. Contact information includes telephone number +971 4 208 0331, fax number +971 4 208 0311, and email ir@dtc.gov.ae.
In 2024, Emaar Properties PJSC achieved record-breaking financial results, with a 72% increase in property sales amounting to approximately AED 70 billion (US$ 19 billion) and a revenue backlog exceeding AED 110 billion (US$ 30 billion). The company's revenue grew by 33% to AED 35.5 billion (US$ 9.6 billion), and its EBITDA reached AED 19.3 billion (US$ 5.2 billion), with a margin of 54%. Net profit before tax rose by 25% to AED 18.9 billion (US$ 5.1 billion). Emaar also announced a new dividend policy and its highest proposed dividend of AED 8.8 billion, doubling from the previous year. The company expanded its business by acquiring 141 million square feet of development land in Dubai, valued at AED 96 billion. Emaar focused on customer satisfaction by repairing homes affected by unprecedented rain at its own expense and prioritized investing in young talent development in the UAE.
Sukoon Insurance PJSC, based in Dubai, UAE, is notifying Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, about an upcoming Board of Directors resolution. The resolution will be passed by circulation on February 17, 2025, at 10:00 am, and will include the approval of the corporate governance report for the financial year 2024. The notification is signed by Louise O’Donnell, Head of Claims Management & Legal, and a copy is sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi, UAE.