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Threads on regulatory news from companies
The Board of Directors of Emirates Investment Bank PJSC is inviting all shareholders to their Annual General Meeting on March 26, 2024. The meeting will be held at the bank's head office in Dubai, and can also be attended remotely via Zoom. The agenda includes reviewing and approving reports and financial statements for the year ended December 31, 2023, considering proposals regarding dividends and board remuneration, discharging or holding liable board members and auditors, appointing auditors for 2024, electing board members for 2024-2027, and approving the appointment of shareholders' representatives. Shareholders may delegate a representative to attend and vote on their behalf. The meeting will only be valid if attended by shareholders owning or representing at least 50% of the bank's capital.
The text refers to the interim condensed consolidated financial statements for Ghitha Holding PJSC, covering the three-month period ending on 31 March 2024.
The Emirates Telecommunications Group Company PJSC has released its earnings for the first quarter of 2024 on 30th April 2024. The information has been shared via the e& Investor Relations page.
The text is a review of the interim condensed consolidated financial statements for the Emirates Telecommunications Group Company PJSC. The report covers the financial performance of the company over a three-month period ending on 31 March 2024.
The text presents the condensed consolidated interim financial information for Ooredoo Q.P.S.C, a company based in Doha, Qatar. The financial data covers the three-month period ending on 31 March 2024.
Ooredoo Q.P.S.C. reported a 4% increase in revenues in Q1 2024, reaching QAR 5.9 billion. The company's EBITDA also rose by 6% to QAR 2.5 billion, with an EBITDA margin expansion to 43%, up by one percentage point. The normalized net profit grew by 26% to QAR 1.0 billion. Ooredoo spent QAR 382 million on CAPEX and reported an 11% growth in normalized free cash flow to QAR 2.2 billion. The company's customer base increased by 3% to 159.3 million. The company is on track to meet its FY 24 guidance.