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SHUAA Capital p.s.c., a financial investment company based in Dubai, held a board meeting where several key issues were discussed and resolved. The discussions included updates on negotiations with creditors and the acceleration of regulatory approvals for a capital optimization plan. The board also approved a request from a major shareholder to call a General Assembly meeting, subject to regulatory approvals, to update shareholders on the company's business and the development of the previously announced capital optimization plan. Other customary business-related matters were also discussed.

The text provides information about GFH Financial Group BSC, an Islamic wholesale bank registered with the Central Bank of Bahrain (commercial registration number: 44136). The bank's registered office is located in the Bahrain Financial Harbour, specifically on the 29th floor of Building 1398, East Tower, Block: 346, Road: 4626 in Manama, Kingdom of Bahrain. The directors of the bank include Ghazi Faisal Ebrahim Alhajeri (Chairman), Edris Mohammed Rafi Alrafi (Vice Chairman), Hisham Ahmed Alrayes, Rashid Nasser Al Kaabi, Ali Murad, Fawaz Talal Al Tamimi, Darwish Al Ketbi, and Yusuf Abdulla Taqi. The CEO is Hisham Ahmed Alrayes and KPMG Fakhro serves as the auditor. The text also mentions the bank's consolidated financial statements as of 31 December 2023.

On 22/02/2024, GFH Financial Group B.S.C. announced that it has made certain corrections to the financial statements and Chairman's report for the year ended 31st December 2023, which were previously approved at the Board of Directors meeting on 14th February 2024. The corrected version of the report has been attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

The text is an introduction to the Management Discussion & Analysis section of the 2023 Financial Results report for Tecom Group PJSC.