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On 7 May 2024, the Board of Directors of ADNOC Logistics & Services PLC held a meeting at the ADNOC headquarters in Abu Dhabi. During the meeting, they approved the company's financial statements for the first quarter of the current financial year 2024. The Board also discussed recent developments related to the company's activities and projects. The information was relayed by the Chief Executive Officer, Abdulkareem Mubarak Almessabi. A copy of the communication was sent to the Securities and Commodities Authority (SCA).
The text is a Management Discussion & Analysis Report from Presight AI Holding PLC, discussing their Q1 2024 results. The report was released on 7 May 2024.
On May 7, 2024, a meeting was held by the Board of Directors of Presight AI Holding PLC. The meeting took place at 4:00 pm UAE time. During the meeting, the Board approved the company's financial statements for the three-month period ending March 31, 2024, and discussed other general business matters. The information was communicated by Mr. Thana Pramotedham, who serves as the Chief Executive Officer of the company. A copy of the information was also sent to the Securities and Commodities Authority.
The text is a review report and condensed consolidated interim financial information for Presight AI Holding PLC. This report covers the financial performance of the company for the three-month period ending on 31st March 2024.
The Board of Directors of Burjeel Holdings PLC virtually convened on 07/05/2024 at 5:00 PM UAE time. The board reviewed and approved the company's financial statements for the first quarter of the financial year 2024. They also discussed other business matters that have no effect on the share price. The meeting was led by the company's Chief Executive Officer, John Sunil. The Securities and Commodities Authority (SCA) was also copied on this correspondence.
Burjeel Holdings PLC, a leading healthcare services provider in the Middle East and North Africa (MENA) region, reported double-digit revenue growth for Q1 2024. The group's revenue grew by 11% to AED 1.2 billion, with a net profit of AED 141 million, an increase of 16%. This growth was attributed to increased operational efficiencies, lower finance costs, and the early start of Ramadan. The company also reported a 22% increase in BMC revenue to AED 283 million, driven by higher patient footfall and the expansion of super-specialty services. The company continues to invest in complex care and aims to expand its healthcare infrastructure.
The GFH Financial Group has announced that it has purchased 2,000,000 of its own shares (treasury shares), increasing its total holding of treasury shares from 281,729,510 (7.35% of total issued shares) to 283,729,510 (7.40% of total issued shares) as of May 7, 2024. The decision to purchase was made by the company's board of directors in September 2021, with approval from the Authority in April 2024. The average purchase price was 0.283 USD, representing 0.052% of the issued capital. There are 99,529,873 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
The Annual General Meeting of Al Wathba National Insurance Company's shareholders took place at The St. Regis Hotel in Abu Dhabi on 23/04/2024, with an option for remote participation. The meeting was chaired by H.E. Rash ed Darwish Al Ketbi and attended by various board members, representatives from the Securities & Commodities Authority, the Central Bank of UAE, and the company's external auditor, KPMG. The quorum was achieved with 87.44% attendance (by proxy). Mr. Hassan Ali Hadid served as the meeting's rapporteur, and Abu Dhabi Securities Exchange was appointed as the vote collector.