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Islamic Arab Insurance Company (SALAMA) reported a significant improvement in its financial results for the year ending December 31, 2025, with a net profit of AED 11.1 million. On a normalised basis, excluding a one-time foreign exchange gain in 2024, the underlying net profit increased by approximately 147% year-on-year. This improvement was attributed to better underwriting practices, risk selection, portfolio optimization, claims management, and cost efficiency. SALAMA also strengthened its capital and solvency through disciplined balance sheet management, reinsurance optimization, and prudent investment strategies. The company initiated a Mandatory Convertible Sukuk issuance to further enhance solvency. The Board's transformation plan has improved solvency buffers, governance, and risk management, with a continued focus on sustainable growth and disciplined asset-liability management.
On November 2, 2026, a board meeting of the National Cement Company was held with full attendance of all seven board members, achieving a 100% quorum. During the meeting, the minutes of the previous meeting were approved, the preliminary financial statement for the year 2025 was approved, and the company's business was discussed. The meeting's outcomes were disclosed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and the Securities and Commodities Authority.
The document is the report and financial statements of Emirates Investment Bank P.J.S.C. for the year ending December 31, 2025.
Deyaar Development PJSC reported strong financial results for the fiscal year ending December 31, 2025. Profit before tax increased by 26% to AED 637.9 million, and total revenue rose by 30% to AED 1,972.1 million compared to 2024. The company's total assets grew by 17% to AED 8,027.6 million. Positive investor sentiment and a robust pipeline for 2026 are noted, with the Board recommending dividend distribution for the third consecutive year. Deyaar's development pipeline is valued at approximately AED 7 billion, indicating strong future revenue potential and project delivery.