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The Arabian Scandinavian Insurance Company (P.L.C) Takaful – ASCANA Insurance, also known as Sukoon Takaful, with a paid-up capital of 154,000,000, has announced a Board of Directors meeting. The meeting is scheduled for Wednesday, 29th May 2024, at 12:00 pm, at the head office of Sukoon Insurance in Dubai and will also be accessible via 'Teams' video conferencing. The agenda includes a general review of the company's business. The notification was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, Enforcement Affairs at the Securities and Commodities Authority in Abu Dhabi.

On 23rd May 2024, GFH Financial Group B.S.C. announced the sale of 95,814,846 of its treasury shares, equivalent to 2.5% of its total issued shares, to Mr. Abdulmohsen Rashed Al rashed and Mr. Salah Rashed Alrashed. Following this sale, the total number of treasury shares held by the company will be 187,914,664 shares, representing 4.9% of the company's shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML at GFH Financial Group B.S.C.

Resolution No. (419) of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. This decision, subject to article No. (16) of the regulations concerning the listing of securities on ADX, has been made due to the company's AGM being held at the same time as the trading session at ADX. Therefore, trading in Manazel shares will be suspended from 10:00 on 30-May-2024 until ADX receives the AGM results. The resolution instructs all department heads at ADX to execute this resolution in their respective fields and circulate it to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 23/05/2024.

The National Cement Company P S C has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, disclosing a board meeting scheduled for Wednesday, 29/05/2024 at 12:00 PM. The agenda includes approving the minutes of the previous meeting, discussing the company's business, and other related matters. The letter is also copied to the Securities and Commodities Authority.

Presight has signed a Memorandum of Understanding with Dell to accelerate digital transformation and innovation across the Middle East. This collaboration aims to integrate advanced technologies to promote digital transformation and innovation.