Latest Threads

The Management Discussion & Analysis report for the period ending on 31 March 2024 was released by Alpha Dhabi Holding PJSC on 03 May 2024. The document, intended for investor relations, is identified by the DocuSign Envelope ID: 0093C2B7-EDB9-4C67-BC37-EA567211B17F.

The text is a review report and interim condensed consolidated financial statement of ALPHA DHA BI HOLDING PJSC for the three-month period ending on 31 March 2024. The information is unaudited.

The Board of Directors of RAK Properties will hold a meeting on Wednesday, 08/05/2024 at 2:30 PM at Anantara Hotels. The meeting will discuss and approve the interim financial statement for the three-month period ending on 31 March 2024, as well as discuss other administrative matters related to the company.

In Q1 2024, PureHealth reported a net profit of AED 491 million, a 124% increase from Q1 2023. The company's EBITDA also rose to AED 1.1 billion, a 2.3x increase from the previous year. This reflects improved operational efficiencies across all key segments. PureHealth's consolidated revenue increased by 52% to AED 6.1 billion, led by the Hospital and Other Related Services segment. The company completed the acquisition of Circle Health Group and Sheikh Shakhbout Medical City, significantly expanding its global presence. The firm's total assets increased to AED 47.3 billion, with a total cash balance of AED 8.0 billion. PureHealth's balance sheet reported a net cash balance of AED 4.4 billion as of 31 March 2024.

On May 3, 2024, GFH Financial Group announced that it has purchased an additional 1,100,000 of its own shares (treasury shares), increasing its total holding from 280,629,510 shares (7.32% of total issued shares) to 281,729,510 shares (7.35% of total issued shares). The decision to purchase these shares was made by the company's board of directors in September 2021 and approved by the Authority in April 2024. The average purchase price was $0.302 USD per share, representing 0.029% of the issued capital. After this purchase, there are 101,529,873 shares remaining for purchase.

On May 3, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, by Lama Takieddin, the Head of Corporate Governance and Company Secretary of Amlak Finance PJSC. The letter informs that the Board of Directors of Amlak Finance PJSC will consider a resolution by circulation on Wednesday, May 8, 2024, at 3 pm, regarding the adoption of the company's financial statements for the period ending on March 31, 2024. A copy of the letter was also sent to the Securities & Commodities Authority.