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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
3 days ago
News Update From Takaful Emarat (PSC)
Disclosure: Preliminary financial results for the year of 2025

Takaful Emarat Insurance (P.S.C) is a public shareholding company based in Dubai, United Arab Emirates, registered under Federal Law No. (6) of 2007. It was established on May 18, 2008, and is listed in the insurance companies register under number 86 since October 14, 2008. The company's paid-up, subscribed, and authorized capital is AED 210.70 million. The Chairman of the Board is Mr. Nooraldeen Subhi Atatreh, and the CEO is Mr. Adnan Sameer Saba El-Aish. The external auditor is Grant Thornton Audit and Accounting. The company's contact information includes a mailing address (P.O. Box 57589, UAE), phone number (+971 4-230 9300), fax number (+971 4-230 9333), and email (a.sabaalaish@takafulemarat.com). The customer service contact number is 600 522 550 and the email for customer relations is customerrelations@takafulemarat.com.

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
3 days ago
News Update From Drake & Scull International P.J.S.C
Disclosure: Clarification from the company

The preliminary financial results for 2025 show a significant improvement in the company's operational and financial performance, with revenues rising to AED 223.8 million from AED 103.7 million in 2024, marking over 100% growth. The group also reported a consolidated net profit of AED 47 million, leading to an increase in total group equity from AED 151.8 million to AED 195.4 million, indicating ongoing recovery and stabilization. A recent media report inaccurately stated that the company recorded losses of AED 75.6 million. The company clarified that this figure represents the net loss attributable to equity holders of the parent company after accounting for subsidiary results based on ownership interests. This amount includes certain provisions and adjustments in line with IFRS and excludes non-controlling interests, which amounted to AED 122.7 million. The company emphasized that focusing solely on this figure, without considering the consolidated net profit, does not accurately reflect the group's overall financial performance. This clarification aims to ensure an accurate presentation of the company's financial results.

1. Disclosure: Clarification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
3 days ago
News Update From Dubai Islamic Insurance and Reinsurance Co.
Disclosure: Preliminary financial results for the year of 2025

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
3 days ago
News Update From Takaful Emarat (PSC)
Disclosure: Preliminary financial results for the year of 2025

Takaful Emarat Insurance P.S.C is a public shareholding company based in Dubai, United Arab Emirates, established on May 18, 2008. It is subject to Federal Law No. (6) of 2007 and is registered under insurance companies Register No. 86 as of October 14, 2008. The company has a paid-up, subscribed, and authorized capital of AED 210.70 million. The Chairman of the Board is Mr. Nooraldeen Subhi Atatreh, and the Chief Executive Officer is Mr. Adnan Sameer Saba El-Aish. The external auditor is Grant Thornton Audit and Accounting. The company's contact information includes a mailing address at P.O. Box 57589, Dubai, UAE, phone number +971 4-230 9300, fax number +971 4-230 9333, and email a.sabaalaish@takafulemarat.com.

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Al Ramz Corporation Investment and Development PJSC
Disclosure: Preliminary financial results for the year of 2025

Al Ramz Corporation Investment & Development PJSC has released its preliminary financial results for the year ending December 31, 2025. The company, established on June 25, 1975, has a paid-up and subscribed capital of AED 549,915,858, with an authorized capital of AED 1,099,831,716. The Chairman of the Board is Mr. Dhafer Sahmi Al Ahbabi, and the Managing Director is Mr. Mohammed Al Mortada Al Dandashi. Ernst & Young serves as the external auditor. The company's contact information includes a mailing address in Dubai, United Arab Emirates, along with a phone number, fax number, and email address for investor relations.

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Union Properties PJSC
Disclosure: Financial statements for the year of 2025

1. Disclosure: Financial statements for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Union Properties PJSC
Disclosure: Financial statements for the 4th QTR of 2025

1. Disclosure: Financial statements for the 4th QTR of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Drake & Scull International P.J.S.C
Disclosure: Preliminary financial results for the year of 2025

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From Emirates Reem Investments Company PJSC
Disclosure: Preliminary financial results for the year of 2025

1. Disclosure: Preliminary financial results for the year of 2025

Dubai Financial Market News profile image
Dubai Financial Market News
5 days ago
News Update From SHUAA Capital PSC
Disclosure: Preliminary financial results for the year of 2025

SHUAA Capital P.S.C. is a financial investment company headquartered in Dubai, United Arab Emirates, at The H Hotel Dubai, Office Tower, Level 15, Office No. 1502. The company is licensed and regulated by the U.A.E. Securities and Commodities Authority, with a commercial license number of 200219. Established on April 25, 1979, SHUAA Capital has a paid-up, subscribed, and authorized capital of AED 3,659,022,945. The Chairman of the Board is Badr Al-Olama, and the Group Chief Executive Officer is Nabil Al Rantisi. The company's external auditor is Crowe Mak. For inquiries, they can be contacted via phone at +971 4 330 3600, fax at +971 4 330 3550, or email at ir@shuaa.com.

1. Disclosure: Preliminary financial results for the year of 2025

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