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TECOM Group shareholders have approved a cash dividend of AED 400 million for H2 2023 at its annual general assembly meeting. This brings the total dividend distributions for the fiscal year 2023 to AED 800 million, in line with the dividend policy set out in the IPO prospectus. The group reported a 10% YoY revenue growth to a record-breaking AED 2.2 billion and a 49% YoY surge in net profit to an all-time high of AED 1.1 billion for the financial year ended 31 December 2023. The company's customer base rose by 15% to reach 11,000 customers, driven by robust demand from new and existing customers across all six sectors it serves.

The text is a report and consolidated financial statements of AGTHIA GROUP PJSC for the year ending on 31st December 2023. The document provides a detailed account of the company's financial performance over the said fiscal year.

Agthia Group PJSC, a leading food and beverage company in the UAE, reported a net revenue of AED 4.56 billion and an underlying group net profit of AED 342 million for the year 2023, surpassing its guidance ranges. The group's net revenue increased by 12.1% YoY, ahead of the expected 10-12% range, and the underlying group net profit increased by 25.5% YoY. The board approved a 12% cash dividend increase and 5% bonus shares. The group's strong performance in 2023 was driven by profitable growth in the Snacking, Water & Food, and Agri-Business segments. Despite currency devaluation in Egypt, the group's net revenue increased by 20.7% and LFL revenue by 13.8%. The company also plans to increase full-year cash dividends by 12% to 18.5 fils per share and give an additional 5% bonus shares to existing shareholders, subject to AGM approval.

The document is a report and consolidated financial statements of AGTHIA GROUP PJSC for the year ending on 31 December 2023. It provides detailed financial information and performance of the company for the specified year.

The GFH Financial Group B.S.C. announced the nomination results for the membership of its Board of Directors (BOD) for a new term of three years (2024-2027). The list of nominees who have fulfilled all the conditions and requirements for nomination includes 18 individuals. Their detailed files can be found in the attached schedule.

GFH Financial Group has announced signing an agreement with Southern Star Investments W.L.L. to sell a portion of its ownership in Khaleeji Bank's Additional Tier 1 Certificates. The transaction, valued at USD 74,962,912, will result in Southern Star Investments owning 282,610,178 ordinary shares, representing 25% of the issued and paid-up capital of Khaleeji Bank. The deal is expected to have a positive impact on GFH Financial Group's financials and increase their returns.

On 05/03/2024, GFH Financial Group B.S.C. (trading code GFH) announced the sale of its treasury shares. The company sold 95,989,635 shares, which represents 2.5% of its total issued shares, to Vandik W.L.L. After the sale, the total number of treasury shares held by GFH Financial Group is 123,115,501, representing 3.21% of its total shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML of the company.