Dubai – Mubasher: Dubai Investments delivered a solid overall financial performance in the first quarter (Q1) of 2025, generating net profits after tax valued at AED 167.18 million, compared to AED 112.36 million.Basic and diluted earnings per share
Abu Dhabi – Mubasher: International Holding Company (IHC) plans to establish a new AI-driven reinsurance platform headquartered in the Abu Dhabi Global Market (ADGM), according to a recent press release.This new platform will provide critical underwr
Abu Dhabi – Mubasher: ADNOC Logistics & Services (ADNOC L&S) posted net profits after tax amounting to $184.54 million in the first quarter (Q1) of 2025, an annual drop of 5% from $193.72 million.Revenue surged by 41% to $1.18 billion as of 31 March
Dubai – Mubasher: Emaar Development logged property sales of AED 16.50 billion ($4.50 billion) over 12 projects in the first quarter (Q1) of 2025, an annual increase of 28% from AED 12.90 billion ($3.50 billion).The group’s positive performance was b
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Hotels (ADNH) plummeted to AED 156.40 million in the first quarter (Q1) of 2025 from AED 1.02 billion a year earlier.Revenues from contracts with customers hiked by 94% year-on-year (YoY) to
Dubai – Mubasher: Emaar Properties generated revenues amounting to AED 10.10 billion ($2.80 billion) in the first quarter (Q1) of 2025, marking a 50% year-on-year (YoY) hike, according to the financial results.The property sales reached nearly AED 19
Abu Dhabi – Mubasher: Modon Holding has sold 378 units in Nawayef Village at a combined value of AED 2 billion, according to a press release.Nawayef Village is the first townhouses on Hudayriyat Island, offering three and four-bedroom townhouses and
Abu Dhabi – Mubasher: Dana Gas logged net profits worth $43 million (AED 158 million) in the first quarter (Q1) of 2025, an annual growth of 13% from $38 million (AED 139 million), according to the financial results.The higher earnings were driven by
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) generated total net profits amounting to AED 463.50 million in the first quarter (Q1) of 2025, up 16% from AED 400.13 million in Q1-24.Revenue hit AED 4.59 billion as of 31 March 2025, higher b
UAE – Mubasher: Senior voices from Affirma Capital, Bank of America, J.P. Morgan, and MSCI took part in a panel discussion at the Capital Markets Summit 2025 to dissect the broader implications on capital flows, supply chains, and regional positionin
Abu Dhabi – Mubasher: ADNOC Drilling Company logged net profits after tax valued at $340.94 million in the first quarter (Q1) of 2025, an annual increase of 24% from $274.61 million.Revenue surged by 32% year-on-year (YoY) to $1.16 billion as of 31 M
UAE – Mubasher: Omar Sultan Al Olama, the UAE Minister of State for Artificial Intelligence, talked about how the UAE has approach to responsible AI adoption during his discussion at the Capital Market Summit 2025, which concluded on 7 May.Al Olama j
Abu Dhabi – Mubasher: Phoenix Group posted consolidated revenues valued at $31.26 million in the first quarter (Q1) of 2025, according to the financial results.The group reported gross profit of $6.30 million as of 31 March 2025, while operating expe
UAE – Mubasher: Maryam Al Hammadi, Minister of State and Secretary General of the UAE Cabinet, has introduced the AI Legislative System on the second day of the Capital Market Summit 2025.The introduced system will be the world’s first intelligent fr
Dubai – Mubasher: Dubai Financial Market (DFM) has officially launched its Centralized Securities Lending and Borrowing (SLB) Program on the final day of Capital Market Summit 2025, which lasted for two days in the UAE.The program is a strategic mark
Dubai – Mubasher: Aramex generated net profits attributable to the shareholders valued at AED 17.12 million in the first quarter (Q1) of 2025.The recorded earnings were lower by 63% than AED 46.56 million in Q1-24, according to the financial results.
UAE – Mubasher: Cross-border capital flows as well as the future of capital formation in the region took center stage at the Capital Market Summit 2025, which concluded on 7 May in Dubai.The panel featured Edward Knight from Nasdaq, Sherman Lin from
UAE – Mubasher: The path of going public is evolving and the GCC hold a firm position atop the map, according to leaders from Kitopi, Tabby, Informa PLC, OMNIYAT, and Daman Investments at the third Capital Market Summit in Dubai.Panelists, from found
Abu Dhabi – Mubasher: Presight AI Holding logged net profits after tax amounting to AED 120.02 million in the first quarter (Q1) of 2025, compared to AED 95.94 million in Q1-24.The revenues hiked by 115.10% year-on-year (YoY) to AED 563.88 million in
Abu Dhabi – Mubasher: Burjeel Holdings posted lower net profits attributable to the shareholders at AED 36.37 million in the first quarter (Q1) of 2025, compared to AED 102.01 million in Q1-24.Meanwhile, the revenues increased by 5.70% year-on-year (
UAE – Mubasher: Three speakers took part in an insightful fireside panel discussion exploring different economic parts on the regional and global levels, on the sidelines of the Capital Market Summit 2025 which kicked off on 6 May in Dubai.Moderated
UAE – Mubasher: Nasdaq Dubai and AIX CSD, the central securities depository of Astana International Exchange (AIX) from Kazakhstan, have launched a direct central securities depository (CSD) link between the two markets, according to a press release.
Abu Dhabi – Mubasher: The net profits of International Holding Company (IHC) dropped to AED 4.12 billion in the first quarter (Q1) of 2025 from AED 8.01 billion in Q1-24.On the other hand, the revenues hiked by 41.10% year-on-year (YoY) to AED 27.21
Abu Dhabi – Mubasher: Bank of Sharjah achieved 45% higher net profits after tax at AED 116 million in the first quarter (Q1) of 2025, compared to AED 80 million in Q1-24.Net operating income hit AED 191 million as of 31 March 2025, an annual growth o