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Dubai Financial Market News

Dubai Financial Market News

News Update From Al Firdous Holdings PJSC

Disclosure: BOD meeting

The text is a formal announcement from Al Firdous (P.J.S.C.) regarding the date of their Board of Directors' meeting, addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market. The meeting is scheduled for Tuesday, August 13, 2024, at 3:00 PM to review the preliminary financial statements for the first quarter ending June 30, 2024. The announcement is signed by Sheikh Khaled Zayed S. Al Nahayan, Chairman of the Board, and a copy is sent to the Security and Commodities Authority. Contact details for Al Firdous Holdings in Dubai are also provided.

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Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: GFH Financial Group’s Webcast for the Second Quarter of 2024 Financial Results

GFH Financial Group B.S.C. has announced a webcast for its second-quarter financial results of 2024, for the period ending June 30, 2024. The webcast is scheduled for Wednesday, August 14, 2024, at 01:00 pm Bahrain time. Shareholders and investors are invited to attend. The announcement was made by Mariam Jowhary, Head of Compliance & AML, and includes a web link for registration.

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Dubai Financial Market News

Dubai Financial Market News

News Update From National Industries Group Holding (S.A.K.)

Disclosure: Credit Rating Disclosure

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Dubai Financial Market News

Dubai Financial Market News

News Update From Emirates Investment Bank PJSC

Disclosure: BOD meeting

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Oman & Emirates Investment Holding Co

ADX Disclosures: Temporary suspension of trading on the shares of Oman & Emirates Investment Holding Co on 13 Aug 2024

Resolution No. (464) of 2024 announces the temporary suspension of trading for the shares of Oman & Emirates Investment Holding Co. This suspension will commence at 12:00 on 13-Aug-2024, coinciding with the company's Board of Directors meeting, and will last until the Abu Dhabi Securities Exchange (ADX) receives the meeting results. The resolution mandates all department heads at ADX to execute this decision within their respective areas and requires the circulation of this resolution to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all ADX-accredited brokers. This resolution was approved by the authorized person and issued on 08/08/2024.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Al Ain Alahlia Insurance Co.

ADX Disclosures: Temporary suspension of trading on the shares of Al Ain Alahlia Insurance Co. on 14 Aug 2024

Resolution No. (463) of 2024 announces the temporary suspension of trading in the shares of Al Ain Alahlia Insurance Co. (AAAIC) on the Abu Dhabi Securities Exchange (ADX). This suspension will take place from 12:00 on August 14, 2024, coinciding with the company's Board of Directors meeting, and will remain in effect until ADX receives the meeting results. The resolution mandates that all relevant ADX departments implement this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was issued on August 8, 2024.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on DEWA shares starting from 12:45 PM after disclosing the results of its BOD meeting. The Resume-Auction session (no-matching) will be 5 minutes
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Electricity & Water Authority PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2024

Dubai Electricity and Water Authority PJSC (DEWA) announced record-breaking financial results for the first half of 2024. The company reported its highest-ever quarterly and half-year revenue of AED 13.7 billion, marking a 7.3% increase. EBITDA reached AED 6.6 billion, up by 8.9%, and operating profit was AED 3.3 billion, a 6.3% rise. The profit after tax stood at AED 2.6 billion. DEWA also approved a dividend payment of AED 3.1 billion to shareholders in October 2024. The growth in demand for power and water was 6.7% and 4.3% respectively. DEWA aims to expand its power capacity to 20 GW and water capacity to 735 MIGD by 2030, with a significant portion coming from renewable sources. The company remains committed to efficiency, outstanding customer service, and supporting Dubai's 2050 Net-Zero emissions goal.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Electricity & Water Authority PJSC

Disclosure: Financial statements for the 2nd QTR of 2024

Dubai Electricity and Water Authority PJSC and its subsidiaries have released their condensed consolidated interim financial information for the six-month period ending June 30, 2024. This information is unaudited.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Electricity & Water Authority PJSC

Disclosure: Results of BOD Meeting

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