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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From ADNOC Logistics & Services plc

Disclosures: ADNOC L&S Takes Delivery of First New-Build LNG Carrier from Jiangnan Shipyard Ahead of Schedule

ADNOC Logistics and Services (ADNOC L&S) has received its first new liquified natural gas (LNG) carrier, named 'Al Shelila,' from Jiangnan Shipyard in China, delivered two months early. This delivery is part of ADNOC L&S's fleet expansion and growth strategy, with five more carriers expected by 2026. The vessel uses advanced technology for improved efficiency and reduced emissions. The collaboration highlights strong industrial ties between the UAE and China. The delivery ceremony was attended by various dignitaries, including UAE and Chinese officials.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Press Release

GFH Financial Group has announced that its global asset management division, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully acquired A-Class student housing assets worth $300 million in the United States. This investment is expected to positively impact the Group's financial performance and increase its returns.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

GFH Financial Group B.S.C. (GFH) and Ithmaar Holding B.S.C. (Ithmaar) have announced to their shareholders that discussions are ongoing regarding GFH's acquisition of Ithmaar's financing and investment portfolios. These negotiations are subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact will be disclosed in due course. Previous announcements related to these discussions were made on several dates throughout 2024. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Board Decisions by Passing

On 22 November 2024, H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, communicated with Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM), regarding a disclosure. The DFM's Board of Directors is considering passing a resolution by circulation concerning an internal matter of the company, with a decision expected by 28 November 2024. The document was signed by Ali Amer Al-Hashimi, the Chief Financial Officer.

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Dubai Financial Market News

Dubai Financial Market News

News Update From ARAMEX PJSC

Disclosure: BOD meeting

Aramex PJSC, a listed company, has scheduled a meeting for Wednesday, 27 November 2024, at 3:00 PM UAE time. The agenda includes a discussion on the company's business updates and routine matters. Amanda Dahdah, the Governance Officer and Board Secretary, is the authorized signatory for this meeting.

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Dubai Financial Market News

Dubai Financial Market News

News Update From BHM Capital Financial Services PSC

Disclosure: Resignation of BOD member

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, submitted a letter to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, through the EFSAH System on November 22, 2024. The letter outlines resolutions approved by the company's Board of Directors by circulation on the same date. The resolutions include: 1) Board members decided to resign due to a change in company ownership and upcoming phase requirements, effective after the next General Assembly meeting and the election of a new Board. 2) The nomination process for new Board members will be opened. 3) A recommendation for the General Assembly to appoint a new auditor and set their fees. 4) An invitation to convene the General Assembly to approve these matters. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – Expiry Settlement Prices

The document provides the expiry settlement price for the Micro GME Oman Crude Oil Futures contract expiring in November 2024. The settlement price is 74.07 USD for the contract with the series code OMOIL X24 and contract ID OIL221124001. This announcement is available on the Dubai Financial Market website. The document includes a disclaimer noting that the information is subject to change and that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of inconsistencies.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Regulated Short Sell – Weekly Summary – November

The weekly summary for DFM Regulated Short Sell Transactions from November 18 to November 22, 2024, reports on trades involving the Salik Company PJSC. The short sell trade volume for Salik was 3,823 with a trade value of AED 20,911.81, and another trade volume of 177 with a value of AED 968.19. For detailed information on regulated short selling, refer to the DFM Market Rules and Operational Model available on their website. The announcement is also accessible on the Dubai Financial Market's website. Note that the information is subject to change, and DFM is not liable for any losses resulting from the use of this data.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Trading on TAKAFUL-EM Rights Issue ends today, 22/11/2024
Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Abu Dhabi National Co. for Building Materials

Disclosures: Abu Dhabi National Co. for Building Materials Management Discussion and Analysis Report for the Period Ended September 30,2024

The Discussion and Analysis Report for Abu Dhabi National Building Materials Company PJSC, also known as Beldco, covers financial statements up to September 2024. For this period, the company reported net revenues of AED 40,981,848, up from AED 27,843,428 in the same period the previous year. The cost of sales was AED 34,999,842, compared to AED 30,176,989 the previous year. Total profits reached AED 5,982,006, a significant improvement from a total loss of AED 2,333,561 in the prior year. The company recorded consolidated net profits of AED 13,743,681, reversing a consolidated net loss of AED 17,936,171 from the previous year. Earnings per share were 0.05 dirhams, compared to a loss of 0.06 dirhams in the prior year. Net shareholders' equity stood at AED 33,740,871 as of September 30, 2024, up from AED 20,680,212 at the end of 2023. No securities were issued during this financial period.

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