Gross Written Premium (GWP) rose 56% YOY to record high level at 6.1 Bn in 3Q24. Expense ratio declined 120 bps YOY to 20.0% in 3Q24 while net claims ratio increased from 66.3% in 3Q23 to 73.2% in 3Q24. Combined ratio rose from 87.5% in 3Q23 to 93.2% in 3Q24 due to higher net claims ratio over expenses ratio.

Amanat’s revenue grew 5.8% YOY to AED 133 Mn in 3Q24, driven by the growth in the Education segment partially offset by the Healthcare segment. Adjusted EBITDA fell 18.8% YOY to AED 18 Mn in 3Q24, while EBITDA margin declined 410 bps YOY to 13.6% in 3Q24.

The Company's capacity reached 1,318K RT in 3Q24, primarily driven by an increase in capacity in the UAE. Tabreed's consumption volume grew by 6.0% YOY, reaching 2.0 Bn RT hours in 9M24, reflecting strong cooling demand and higher volumes. EBITDA grew 1.4% YOY to AED 330 Mn in 3Q24, while EBITDA margin declined 8 bps YOY to 42.8% in 3Q24.

Revenues grew 16.0% YOY to USD 1,227 Mn in 3Q24. New businesses from Spain and Portugal contributed to Menzies's growth of 23.7% YOY in 3Q24. Agility Logistics Parks announced the expansion of 100 thousand warehousing capacity in Riyadh valued at USD 65 Mn.

Investcorp Capital Plc’s net profit fell 7.7% YOY to USD 12 Mn in 1Q25. The Company deployed USD 104 Mn across asset classes, with a realization of USD 183 Mn in 1Q25. The Capital Financing Services deployed USD 90 Mn across asset classes achieving realizing USD 151 Mn. The Capital Deployment deployed USD 14 Mn in 1Q25 and earned proceeds worth USD 32 Mn.