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Parkin Stock Gains Liquidity Provider on Dubai Financial Market

by Priya Shah – Business Editor November 18, 2025
written by Priya Shah – Business Editor

Parkin Selects BHM Capital too Enhance Share Liquidity

Dubai, UAE – November 21, 2025 – parkin, the leading parking⁤ management ​company in the UAE, has appointed BHM Capital as a liquidity provider for its shares listed on the Dubai⁣ Financial Market (DFM). The strategic ⁤move ⁢aims to bolster trading activity‌ and optimize market⁣ depth⁣ following‍ parkin’s accomplished initial public offering (IPO) earlier this year.

This appointment arrives as Parkin demonstrates robust financial performance, with profits for the first⁢ nine months ‍of 2025 reaching 441.9 million dirhams – a 46% increase year-over-year compared to 303.5 million⁢ dirhams during the same period in 2024. Revenue also ⁤surged ⁣by 41% to 922.72 million dirhams, up⁣ from 654.83 million dirhams ⁤in 2024. The initiative to enhance liquidity underscores Parkin’s commitment to shareholder value and long-term‌ growth within the evolving regional ​financial landscape.

BHM Capital will actively facilitate trading in parkin shares, providing buy and sell orders to narrow the bid-ask spread and encourage greater investor participation. This is particularly significant as Parkin continues to expand its portfolio and capitalize on Dubai’s ‌growing urban mobility needs.

Parkin’s strong third-quarter 2025 results further highlight its positive ‌trajectory, with profits climbing 50% to 157 million dirhams, compared to 104.7 million‌ dirhams in Q3 2024.Revenues for the same period increased by 43% to 337 million dirhams, up from 235 million‌ dirhams ⁣in the previous year. The liquidity provision ​agreement with BHM Capital is expected to support‍ continued investor confidence and facilitate efficient price discovery as Parkin executes its strategic ‍objectives.

November 18, 2025 0 comments
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Business

SABIC shares return to losses as the company’s profits decline in the third quarter of 2025

by Priya Shah – Business Editor November 2, 2025
written by Priya Shah – Business Editor

SABIC shares experienced losses Sunday morning, November ‌2, ⁢2025, following the release of the company’s third-quarter financial results, which ‌revealed a significant decline in net profits. Trading closed at 577.4 points.

The downturn⁣ impacts investors and signals ⁤potential shifts within the petrochemical industry.⁢ SABIC reported a 56% decrease in net profits for the July-September 2025 period, plummeting to‌ 440 million riyals ​from one⁣ billion riyals during the same quarter⁣ in 2024. This substantial reduction raises concerns⁤ about the company’s performance and future outlook,possibly influencing regional market ⁢stability and investment strategies.

According to an official announcement,the profit decline stems from multiple ‍factors,including⁣ reduced revenues attributed to lower average selling ⁣prices and decreased sales volumes.Additionally, the company cited diminished profit⁤ margins and increased expenses related to zakat and⁢ taxes⁢ as contributing elements.

Saudi Basic Industries Corporation (SABIC), a global⁤ leader in diversified chemicals, has faced evolving market conditions throughout 2025. The company’s⁣ performance is closely watched as⁤ a bellwether ‌for the broader Saudi Arabian economy and the petrochemical sector’s health. ⁤Further analysis of ‍these⁣ results⁤ will be crucial for‍ stakeholders to assess ​the long-term implications and potential recovery strategies.

November 2, 2025 0 comments
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