Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Direct deal on Taaleem Holding Group shares nets $4.65m on DFM

Dubai Financial Market saw on Monday a direct deal on 5.25 million shares of Taaleem Holding Group.
  • The Group's share closed 7.78 percent higher at AED 3.6 after trading of more than 32 million shares at the value of AED 113.1 million ($31 million) through 1,608 deals
  • National Bonds Company, a Sharia-compliant saving and investment company, announced its acquisition of an additional 5 percent stake in the Taaleem Holding Group

Dubai, UAE — Dubai Financial Market (DFM) saw on Monday a direct deal on 5.25 million shares of Taaleem Holding Group worth AED 17.16 million ($4.65 million).

The Group’s share closed 7.78 percent higher at AED 3.6 ($0.98) after trading of more than 32 million shares at the value of AED 113.1 million ($31 million) through 1,608 deals.

National Bonds Company, a Sharia-compliant saving and investment company, announced its acquisition of an additional 5 percent stake in the Taaleem Holding Group. This move reinforces National Bonds’ position as the largest shareholder in Taaleem with a 22 percent stake.

Taaleem Holdings PSC provides educational services. The Company offers school education including athletics, career development programs, fitness center, academics, library, summer camp, and performing arts, as well as provides counseling services. 

Taaleem Holdings serves students in the United Arab Emirates.