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Dubai Investments Park Concludes 17th Corporate Sports Competition - Middle East Business News and Information
Dubai Investments Park Concludes 17th Corporate Sports Competition - Middle East Business News and Information

Mid East Info

time21 hours ago

  • Business
  • Mid East Info

Dubai Investments Park Concludes 17th Corporate Sports Competition - Middle East Business News and Information

Unique in scale and ambition, the one-of-its-kind event in Dubai reinforces community, wellness, and corporate citizenship Dubai, UAE,June 2025: Dubai Investments Park (DIP), the unique integrated commercial, industrial & residential community in the Middle East, wholly-owned by Dubai Investments PJSC successfully concluded the 17th edition of its Corporate Sports Competitions with a vibrant awards ceremony, marking the culmination of two months of high-energy sporting action, teamwork, and community engagement. The event was held in collaboration with the Dubai Sports Council. Held from April to June 2025, this year's edition witnessed a record turnout, with teams from DIP-based companies competing across 19 diverse sports disciplines, including Outdoor Football, Outdoor Cricket, Basketball, Swimming, Volleyball, Padel Tennis, Table Tennis, Badminton, Billiards, Chess, Carom, Bowling, Tennis, and more. One-of-its-kind in Dubai, the DIP Corporate Sports Competitions are designed to go beyond the playing field—promoting collaboration among corporations, fostering employee well-being, and encouraging a culture of teamwork and mutual respect. With its growing scale and impact, the event has become a much-anticipated fixture in Dubai's corporate calendar, serving as a powerful platform for companies to demonstrate corporate citizenship and social responsibility. The 2025 tournament saw outstanding performances and fierce competition, culminating in a historic win for Emirates Glass, which topped the overall leaderboard for the first time with 351 points (7 Gold, 2 Silver, and 5 Bronze). Emicool followed closely in second place with 285 points (3 Gold, 7 Silver, 3 Bronze), while Gulf Drug secured third with 115 points, and Seven Seas placed fourth with 107 points. From thrilling matches to moments of resilience and sportsmanship, each game reflected the dedication, discipline, and camaraderie that define DIP's business community. The event was proudly sponsored by NMC Hospital and Delta Systems, with additional support from several valued partners, whose contributions helped make the competition a resounding success. About Dubai Investments Park: Dubai Investments Park (DIP) is a unique, self-contained mixed-use industrial, commercial and residential complex operated by Dubai Investments Park Development Company LLC. Spread across an area of 2,300 hectares (with 1,700 hectares leased), its masterplan was developed in 1997. DIP is strategically located within minutes from the Al Maktoum International Airport. It has been designed as a city within a city offering world-class infrastructure and outstanding facilities and services. A subsidiary of Dubai Investments PJSC, DIP is divided into three distinct zones – each setting the benchmark for high quality projects in a well-planned, fully-integrated master community development.

Middle Eastern Penny Stocks With Market Caps Under US$3B
Middle Eastern Penny Stocks With Market Caps Under US$3B

Yahoo

time26-05-2025

  • Business
  • Yahoo

Middle Eastern Penny Stocks With Market Caps Under US$3B

The Middle Eastern stock markets have been experiencing a positive trend, with Dubai and Abu Dhabi indexes logging their sixth consecutive week of gains. Though the term 'penny stock' might sound like a relic of past trading days, it still highlights smaller or less-established companies that can offer great value. By focusing on those with robust financials and potential for growth, investors can uncover hidden opportunities in these stocks. Name Share Price Market Cap Financial Health Rating Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR) TRY1.79 TRY1.93B ★★★★★☆ Thob Al Aseel (SASE:4012) SAR4.03 SAR1.65B ★★★★★★ Alarum Technologies (TASE:ALAR) ₪2.849 ₪199.52M ★★★★★★ Oil Refineries (TASE:ORL) ₪0.889 ₪2.76B ★★★★★☆ Menara Ventures Xl - Limited Partnership (TASE:MNRA) ₪2.719 ₪12.49M ★★★★★★ Tgi Infrastructures (TASE:TGI) ₪2.152 ₪159.98M ★★★★★★ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.713 AED437.33M ★★★★★★ Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) AED3.10 AED346.5M ★★★★★★ E7 Group PJSC (ADX:E7) AED1.01 AED2B ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.37 AED10.08B ★★★★☆☆ Click here to see the full list of 97 stocks from our Middle Eastern Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Dubai Investments PJSC operates in property, investment, manufacturing, contracting, and services sectors both in the UAE and internationally, with a market cap of AED10.08 billion. Operations: The company's revenue is derived from Property (AED2.14 billion), Manufacturing, Contracting and Services (AED1.39 billion), and Investments (AED272.75 million). Market Cap: AED10.08B Dubai Investments PJSC, with a market cap of AED10.08 billion, has shown strong financial performance recently. The company reported first-quarter revenue of AED822.91 million and net income of AED170.89 million, reflecting growth from the previous year. Its price-to-earnings ratio is below the market average, suggesting potential value for investors. Debt management appears effective as its debt to equity ratio has decreased significantly over five years, though interest coverage remains a concern at 2.1x EBIT. Despite robust earnings growth driven by a large one-off gain, forecasts indicate potential earnings decline and dividend sustainability issues due to low free cash flow coverage. Click here to discover the nuances of Dubai Investments PJSC with our detailed analytical financial health report. Gain insights into Dubai Investments PJSC's outlook and expected performance with our report on the company's earnings estimates. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S. operates in the manufacturing sector, specializing in vehicle-mounted equipment, with a market cap of TRY1.93 billion. Operations: Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S. has not reported any specific revenue segments. Market Cap: TRY1.93B Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S., with a market cap of TRY1.93 billion, demonstrates strong financial health and growth potential. The company's short-term assets significantly exceed both its short- and long-term liabilities, indicating solid liquidity. Recent earnings results show notable growth, with first-quarter sales rising to TRY527.69 million from TRY509.19 million a year earlier, alongside improved net income of TRY350.24 million compared to TRY231.09 million previously. Despite high volatility in share price and low interest coverage at 1.4x EBIT, the company benefits from reduced debt levels and satisfactory debt management practices over recent years. Click here and access our complete financial health analysis report to understand the dynamics of Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret. Gain insights into Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret's past trends and performance with our report on the company's historical track record. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Human Xtensions Ltd. is a medical robotics company that develops, manufactures, markets, and sells modular medical devices for minimally invasive surgical operations in Israel, with a market cap of ₪9.34 million. Operations: The company generates revenue of ₪0.67 million from its activities in the development, production, marketing, and sale of medical equipment. Market Cap: ₪9.34M Human Xtensions Ltd., a medical robotics company, is pre-revenue with annual earnings of ₪0.67 million, indicating its early-stage status. Despite being unprofitable, it has reduced losses by 6.5% annually over the past five years and remains debt-free, reflecting prudent financial management. The company's short-term assets of ₪6.6 million comfortably cover its liabilities of ₪3.7 million, suggesting healthy liquidity despite a cash runway of less than one year if current free cash flow trends persist. While share price volatility remains high and return on equity is negative due to ongoing losses, no significant shareholder dilution occurred recently. Unlock comprehensive insights into our analysis of Human Xtensions stock in this financial health report. Examine Human Xtensions' past performance report to understand how it has performed in prior years. Discover the full array of 97 Middle Eastern Penny Stocks right here. Contemplating Other Strategies? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:DIC IBSE:KATMR and TASE:HUMX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

Dubai Investments Strengthens Industrial Leadership at ‘Make it in the Emirates' - Middle East Business News and Information
Dubai Investments Strengthens Industrial Leadership at ‘Make it in the Emirates' - Middle East Business News and Information

Mid East Info

time20-05-2025

  • Business
  • Mid East Info

Dubai Investments Strengthens Industrial Leadership at ‘Make it in the Emirates' - Middle East Business News and Information

Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), is reinforcing its industrial leadership at this year's Make it in the Emirates, showcasing the Group's extensive capabilities across key sectors including glass, aluminium, steel, metal, lighting, polystyrene, and pharmaceuticals. The Group's participation spotlights the contributions of its flagship subsidiaries, including Emirates Glass, Emirates Float Glass, Emirates Building Systems, Emirates Extrusion Factory, White Aluminum Extrusion, Gulf Metal Craft, Emirates Extruded Polystyrene, Lite-tech Industries and Globalpharma—each a leader in its respective field. Collectively, these entities continue to play a pivotal role in driving the UAE's industrial transformation and global trade outreach. During the forum, Globalpharma, a wholly owned subsidiary of Dubai Investments, received Quality Award in SME category (Small and Medium Enterprises), recognising its excellence in implementing quality systems and delivering high-standard, trusted products. In addition, few Dubai Investments subsidiaries signed Memorandums of Understanding (MoUs) with international partners aimed at advancing technology and strengthening the UAE's position as a leading manufacturing hub. Dubai Investments continues to play a key role in exporting UAE-manufactured products to international markets, with its subsidiaries adhering to global quality and sustainability standards. The Group's integrated approach to innovation, localization, and strategic partnerships underlines its long-standing role as one of the pioneers in the UAE's industrial sector. Make It In the Emirates serves as a powerful platform for Dubai Investments to reinforce its legacy of industrial excellence, advance its sustainability commitments, and forge collaborations that shape the future of manufacturing in the UAE and beyond. This year's participation also marks a significant milestone for Dubai Investments as the Group celebrates 30 years of business in the UAE. Dubai Investments PJSC: Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,956 shareholders, a paid-up capital of Dhs. 4.25 billion and total assets worth more than Dhs. 22 billion, the Group applies insight and experience to expand and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services. The Group's diverse portfolio consists of wholly and partly owned companies and reflects the Company's continued focus on business diversification to drive growth in line with evolving industry trends. Focused on leveraging strengths with an interest in establishing existing and new business opportunities with a long-term, strategic and creative approach and with an emphasis on sustainable returns and capital growth, Dubai Investments collaborates on investment strategies meeting the changing needs of the economy and the societies in which it operates. Complementing the strategic objectives and creating value for stakeholders, the Group pursues growth through mergers and acquisitions and business expansions.

Dubai Investments reports 52% increase in Q1 2025 profit before tax to AED 185 million - Middle East Business News and Information
Dubai Investments reports 52% increase in Q1 2025 profit before tax to AED 185 million - Middle East Business News and Information

Mid East Info

time09-05-2025

  • Business
  • Mid East Info

Dubai Investments reports 52% increase in Q1 2025 profit before tax to AED 185 million - Middle East Business News and Information

Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, reported profit before tax of AED 185 million for the three-month period ended March 31, 2025, representing a 52% increase compared to AED 122 million during the same period last year. The profit growth is primarily driven by higher rental income underpinned by stable occupancy levels under the property segment. Capitalising on this positive trajectory, the Group delivered a solid overall performance in Q1 2025, with total income rising to AED 823 million, up from AED 792 million in the same period last year. As of March 31, 2025, total assets grew to AED 22.27 billion as compared to AED 22.10 billion as of 31st December 2024. Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, commented: 'Dubai Investments' strong performance in Q1 2025 is a clear reflection of the Group's strategic vision and the resilience of its diversified portfolio. The real estate sector continues to be a significant driver of the Group's profitability, and Dubai Investments expects this momentum to continue given the strong real estate demand in the UAE. As a Group, Dubai Investments is committed to growth within the real estate sector while also focusing on other business verticals to meet industry demands and achieve sustainable growth.' Outlook: Building on this strong start to the year, Dubai Investments is poised to accelerate growth in the real estate sector through the delivery of key projects and strategic expansions. The upcoming handover of the first phase of Danah Bay on Al Marjan Island, Ras Al Khaimah, the continued progress of Violet Tower at Jumeirah Village Circle, in Dubai slated for completion in Q4 2026, and the recent launch of Asayel Avenue as part of the Mirdif Hills project in Dubai, underscores the Group's commitment to delivering high-quality, mixed-use developments. The growth of Al Mal Capital REIT also remains central, reinforcing its role as a steady source of dividend income. With developments advancing on schedule and new projects in the pipeline, Dubai Investments is actively consolidating its position in the real estate space. In parallel, the Group is exploring opportunities across other verticals to diversify its income streams, enhance market presence, and deliver long-term, sustainable returns. Dubai Investments PJSC: Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,956 shareholders, a paid-up capital of Dhs. 4.25 billion and total assets worth more than Dhs. 22 billion, the Group applies insight and experience to expand and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services. The Group's diverse portfolio consists of wholly and partly owned companies and reflects the Company's continued focus on business diversification to drive growth in line with evolving industry trends. Focused on leveraging strengths with an interest in establishing existing and new business opportunities with a long-term, strategic and creative approach and with an emphasis on sustainable returns and capital growth, Dubai Investments collaborates on investment strategies meeting the changing needs of the economy and the societies in which it operates. Complementing the strategic objectives and creating value for stakeholders, the Group pursues growth through mergers and acquisitions and business expansions.

April 2025's Middle Eastern Penny Stocks To Watch
April 2025's Middle Eastern Penny Stocks To Watch

Yahoo

time25-04-2025

  • Business
  • Yahoo

April 2025's Middle Eastern Penny Stocks To Watch

Most Gulf markets have recently experienced gains, buoyed by rising oil prices, positive corporate earnings, and optimism surrounding a potential U.S.-China trade agreement. In this context, penny stocks—while an outdated term—remain a relevant investment area for those interested in smaller or newer companies. These stocks can offer surprising value when backed by strong financial health, presenting opportunities for significant returns and long-term potential. Name Share Price Market Cap Financial Health Rating Thob Al Aseel (SASE:4012) SAR4.11 SAR1.64B ★★★★★★ Keir International (SASE:9542) SAR4.20 SAR504M ★★★★★☆ Dna Group (T.R.) (TASE:DNA) ₪1.046 ₪128.83M ★★★★★★ Alarum Technologies (TASE:ALAR) ₪2.735 ₪191.36M ★★★★★★ Oil Refineries (TASE:ORL) ₪0.941 ₪2.93B ★★★★★☆ Tgi Infrastructures (TASE:TGI) ₪2.118 ₪157.46M ★★★★★★ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.69 AED413.61M ★★★★★★ Union Insurance Company P.J.S.C (ADX:UNION) AED0.601 AED198.89M ★★★★★★ E7 Group PJSC (ADX:E7) AED1.07 AED2.14B ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.46 AED10.42B ★★★★☆☆ Click here to see the full list of 98 stocks from our Middle Eastern Penny Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Dubai Investments PJSC operates in property, investment, manufacturing, contracting, and services sectors both in the United Arab Emirates and internationally, with a market cap of AED10.42 billion. Operations: The company's revenue is derived from three main segments: Property at AED2.17 billion, Manufacturing, Contracting and Services at AED1.33 billion, and Investments at AED302.49 million. Market Cap: AED10.42B Dubai Investments PJSC, with a market cap of AED10.42 billion, shows mixed performance in its penny stock profile. While the company has seen significant profit growth over five years and maintains a stable weekly volatility, recent earnings growth of 6.6% is below its historical average. The company's net profit margin decreased slightly to 31.7%, and interest coverage remains low at 1.9x EBIT, indicating potential financial strain despite reduced debt levels over time. Its dividend yield of 7.35% is not well covered by free cash flows, yet it trades at a favorable price-to-earnings ratio compared to the AE market average. Dive into the specifics of Dubai Investments PJSC here with our thorough balance sheet health report. Gain insights into Dubai Investments PJSC's future direction by reviewing our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S. operates in the manufacturing sector, specializing in vehicle-mounted equipment, with a market cap of TRY1.58 billion. Operations: The company generates revenue of TRY1.34 billion from its vehicle equipment manufacturing segment. Market Cap: TRY1.58B Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret A.S., with a market cap of TRY1.58 billion, has transitioned to profitability, reporting a net income of TRY547.11 million for the year ended December 31, 2024. Despite a decline in sales from TRY2.19 billion to TRY1.34 billion, the company improved its debt profile significantly over five years and maintains satisfactory net debt levels at 16.6%. While its return on equity is low at 9.9%, Katmerciler's short-term assets comfortably cover both short and long-term liabilities, indicating solid financial health amidst high share price volatility and limited interest coverage by EBIT (1.4x). Take a closer look at Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret's potential here in our financial health report. Examine Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Dna Group (T.R.) Ltd develops, manufactures, and markets patented ultrasound systems across Israel, North America, East Asia, and internationally with a market cap of ₪128.83 million. Operations: The company generates revenue from its Laser Systems and Components segment, amounting to ₪0.31 million. Market Cap: ₪128.83M Dna Group (T.R.) Ltd, with a market cap of ₪128.83 million, is pre-revenue with sales under US$1 million. The company has transitioned to profitability, reporting a net income of ₪22.1 million for the year ended December 31, 2024. It operates debt-free and its short-term assets significantly exceed both short and long-term liabilities by wide margins. Trading at 15.5% below estimated fair value, Dna Group's return on equity stands high at 21.8%. Despite high share price volatility over recent months, the board's average tenure reflects experience while shareholders have not faced dilution recently. Navigate through the intricacies of Dna Group (T.R.) with our comprehensive balance sheet health report here. Understand Dna Group (T.R.)'s track record by examining our performance history report. Embark on your investment journey to our 98 Middle Eastern Penny Stocks selection here. Searching for a Fresh Perspective? These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:DIC IBSE:KATMR and TASE:DNA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

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