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Sawaeed Holding PJSC has acquired United International Group (UIG) and Progressive Real Estate Development from Emirates Stallions Group (ESG). This acquisition enhances Sawaeed's presence in the UAE's manpower and workers accommodation sectors, particularly in oil and gas, construction, and various industrial fields. The strategic move consolidates ESG's manpower services and workers accommodation businesses under Sawaeed, positioning it as the flagship platform in these sectors. This integration doubles Sawaeed's manpower resources and expands its capabilities to support the UAE's economic growth.

GFH Financial Group B.S.C. disclosed its market-making activities for July 2024, in compliance with the Central Bank of Bahrain's requirements for monthly reporting. The report details transactions conducted by GFH’s market maker, SICO, on the Bahrain Bourse, and liquidity provider, BHM Capital, on the Dubai Financial Market and Abu Dhabi Securities Exchange. In July 2024, SICO purchased a total of 1,198,959 securities and sold 198,109 securities on the Bahrain Bourse. The total money paid amounted to USD 389,680, while the total money received was USD 64,769. The securities balance stood at 1,000,850, and the cash balance was USD 5,521,961.

Al Ain Ahlia Insurance Company, incorporated in Abu Dhabi by Law No. 18 of 1975 and registered under No. 3 on 8/8/1984 in the Insurance Companies Register, operates under the provisions of Federal Decree-Law No. 48 of 2023 regulating insurance activities. The company has a paid capital of AED 150,000,000. A board meeting is scheduled for Wednesday, August 14, 2024, at 12:00 PM to discuss the ordinary business of the company and any other items. The meeting will be attended by Yaser Ibrahim Hmedan, the Board Secretary, who is the authorized signatory.

The document is a review report and interim financial information for International Holding Company PJSC, covering the six-month period ending June 30, 2024.

International Holding Company (IHC) reported a 46% increase in revenue to AED 41.7 billion and an 18% rise in net profit to AED 12.3 billion for the first half of 2024. The company's growth was driven by strong performance in sectors such as real estate & construction, marine & dredging, hospitality & leisure, and technology. IHC also announced a share buyback program worth up to AED 5 billion. CEO Syed Basar Shueb attributed the success to the company's strategic objectives, innovation, and operational excellence. The company's total assets grew by 37% to AED 362.9 billion compared to December 2023.

Al Wathba National Insurance Company (PJSC) has scheduled its Board of Directors Meeting No. 05/2024 for Tuesday, 13/08/2024, starting at 12:00 PM. The agenda includes reviewing and approving the previous meeting minutes, the company’s financial statements as of 30/06/2024, and the minutes of the Board of Directors subcommittees. Additionally, the meeting will review recent regulations issued by the Central Bank and discuss other general matters related to the company's activities. The disclosure is signed by Muralikrishnan R, Chief Financial Officer, and is dated 07/08/2024. Copies have been sent to the Central Bank of the UAE and the Securities and Commodities Authority.