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Al Ain Ahlia Insurance Company P.S.C. has released its unaudited condensed interim consolidated financial information for the six-month period ending on June 30, 2024.

Resolution No. 476 of 2024 temporarily suspends the trading of shares of Sudatel Telecommunications Group Company Limited due to their failure to submit their financial statement. The suspension begins on August 15, 2024, and will remain in effect until further notice. The resolution mandates that all department heads at ADX execute this decision within their respective fields. It also requires that the resolution be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on August 15, 2024.

Amanat Holdings PJSC reported a 17% increase in revenue to AED 433 million for the first half of 2024, driven by a 26% rise in the Education sector. EBITDA grew by 1% to AED 154 million, or 8% on an adjusted basis, with Education up by 18% but offset by a decline in Healthcare due to a prior year one-time gain. Net profit before tax and zakat increased by 2% to AED 101 million, or 13% excluding the prior year's gain. The company maintains a significant cash balance of AED 480 million with low leverage. The board has approved an interim dividend of AED 75 million. Key operational highlights include the addition of over 3,000 students and beneficiaries in Education, and the opening of new centers by Human Development Company (HDC).