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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Press Release on Financial Results

Emirates Central Cooling Systems Corporation PJSC (Empower), a leading district cooling services provider, reported a 10.6% growth in net profit and expanded its contracted capacity to 2.06 million RT in the first nine months of 2026. The company achieved a revenue of AED 2.71 billion, reflecting a 4.6% year-on-year increase. Net profit after tax rose to AED 762 million, while EBITDA increased by 5.4% to AED 1,232.7 million. Empower's operating cash flow was AED 1,415.3 million, an 8% rise from the previous year. In the third quarter alone, revenue grew by 4.7% to AED 1.19 billion, and net profit after tax increased by 2.7% to AED 294 million. Empower maintained strong cash generation, with cash and cash equivalents at AED 2.84 billion and net debt at AED 2.66 billion. The company distributed AED 875 million in cash dividends to shareholders in 2026, demonstrating its commitment to providing consistent shareholder returns.

1. Disclosure: Press Release on Financial Results

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on NCC shares starting from 11:30 AM as its BOD meeting is being held today, 05-11-2026 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on EIBANK shares starting from 9:30 AM as its BOD meeting is being held today, 05-11-2026 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From GFH Financial Group B.S.C.
Disclosure: Postponing BOD meeting date

GFH Bank B.S.C. announced a rescheduling of its Board of Directors meeting initially set for 12th November 2026, now moved to 11th November 2026. The meeting, intended to approve the financial statements for the third quarter of 2026, will start at 2 p.m. Bahrain time. The agenda includes reviewing the financial results for the third quarter and discussing other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Postponing BOD meeting date

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From Union Coop
Disclosure: Financial statements for the 3rd QTR of 2026

The document is an interim condensed financial statement for Union Coop, covering the nine-month period ending on September 30, 2026. The financial statements are unaudited.

1. Disclosure: Financial statements for the 3rd QTR of 2026

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From Union Coop
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From GFH Financial Group B.S.C.
Disclosure: Disclosure of Material Information

GFH Bank announced the successful sale of a portfolio of 10 industrial outdoor storage assets in the United States by its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre. The sale was valued at $113 million and marks GFH's fifth successful exit in the logistics sector in recent years. GFH Partners holds a 3% share in this deal. This transaction is expected to positively impact the financial statements of the Group and increase its returns. For more details, refer to the attached release. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

1. Disclosure: Disclosure of Material Information

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From Emaar Properties PJSC
Disclosure: Resolutions of General Assembly

1. Disclosure: Resolutions of General Assembly

Dubai Financial Market News profile image
Dubai Financial Market News
6 days ago
News Update From International Financial Advisors K.S.C.C.
Disclosure: Result of Earnings Call

1. Disclosure: Result of Earnings Call

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