REPORT ON PRESS RELEASE: BY UPP ON NOV 02, 2023 Union Properties Thrives with AED 20m Net Profit in Q3 2023 Amid Strong Demand in Dubai’s Real Estate Market Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP) has reported a robust net profit of AED 20 million for the third quarter of…
Dubai Islamic Bank Reports Strong Financial Performance in Q3 2023 Dubai, October 31, 2023 – Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, has announced its financial results for the period ending September 30, 2023. The bank has demonstrated robust growth across various key indicators, showcasing its resilience and strategic positioning…
Press Release Regarding Financial Results for the 3rd QTR of 2023 PRESS RELEASE : BY TECOM ON OCT 31, 2023 TECOM Group PJSC Reports Strong Financial and Operational Performance in Q3 2023 Dubai, UAE, October 31, 2023 – TECOM Group PJSC (DFM: TECOM), a leading creator of specialized business districts and vibrant communities, has announced…
BASED ON PRESS RELEASE: BY CHAE ON NOV 01, 2023 FUND OVERVIEW Chimera S&P UAE UCITS ETF – Accumulating (CHAE) Investment Objective:CHAE is an exchange-traded fund designed to closely track the performance of the S&P UAE BMI Liquid Capped 20/35 Index. It provides investors with exposure to the United Arab Emirates equity markets, allowing for…
BASED ON PRESS RELEASE: BY CHAESHIN ON NOV 01, 2023 FUND OVERVIEW PERFORMANCE (%) Chimera S&P UAE Shariah ETF – Income (CHAESHIN) Investment Objective:CHAESHIN is an exchange-traded fund designed to closely track the performance of the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. It aims to provide investors with investment returns that adhere to…
REPORT BASED ON PRESS RELEASE: ALDAWAA on 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 1,438,946 1,308,930 9.93 1,436,739 0.15 Gross Profit (Loss) 520,911 484,944 7.42 525,642 -0.9 Operational Profit (Loss) 101,990 82,687 23.34 122,041 -16.43 Net Profit (Loss) after Zakat and Tax 71,283 48,154 48.03 89,334…
PRESS RELEASE : FIRST MILLS ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 248,140 237,837 4.33 213,957 15.98 Gross Profit (Loss) 100,404 103,763 -3.24 87,994 14.1 Operational Profit (Loss) 70,731 74,766 -5.4 51,333 37.79 Net Profit (Loss) after Zakat and Tax 54,038 63,490 -14.89 34,908 54.8…
PRESS RELEASE : MAADEN 31/10/2023 lement List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 6,225,998,107 10,014,421,018 -37.83 6,966,269,838 -10.63 Gross Profit (Loss) 928,985,350 3,573,827,596 -74 1,615,854,461 -42.51 Operational Profit (Loss) 211,994,546 2,953,747,043 -92.82 843,393,595 -74.86 Net Profit (Loss) after Zakat and Tax -83,435,885 2,102,534,770 – 350,941,901 – Total Comprehensive…
PRESS RELEASE: ATHEEB TELECOM ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 237.89 148.02 60.71 206.33 15.29 Gross Profit (Loss) 77.5 43.12 79.73 70.66 9.68 Operational Profit (Loss) 52.77 10.98 380.6 35.81 47.36 Net Profit (Loss) after Zakat and Tax 47.89 6.63 622.32 52.6 -8.95 Total…
PRESS RELEASE: ENAYA ON 31/10/2023 Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Gross Written Premiums (GWP) 76,159 76,771 -0.8 58,409 30.39 Net Written Premiums (NWP) 76,159 76,771 -0.8 58,409 30.39 Net Incurred Claims – – – – – Net Profit (Loss) of Policy Holders Investment – – –…