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BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, held an online General Assembly meeting on Tuesday, December 31, 2024, from 11:00 AM to 12:00 PM. The meeting, chaired by Mr. Alhur Mohammed Hamad Alsuwaidi, had an attendance quorum of 84.93%, with 6.84% attending personally and 78.08% by proxy, all through electronic voting. The assembly approved the resignation and discharge of the Board of Directors from liability, passed a special resolution to amend the company's Articles of Association to increase the number of board members from five to seven, and elected new board members to complete the term of the resigned board.

Gulf Navigation Holding PJSC has received approval from the Securities and Commodities Authority to amend certain agenda items for their upcoming General Assembly meeting. The meeting will be held both physically at the Novotel Hotel in Dubai and electronically on January 2, 2025. The revised agenda includes reviewing the acquisition transaction details involving a capital increase through converting mandatory convertible bonds into shares for acquiring companies and assets owned by Brooge Energy Limited. It also involves considering and approving a valuation report by an independent valuer and the Board of Directors' report, which justifies the acquisition and outlines the payment of the transaction price through issuing new shares to Brooge Energy Limited, valued at approximately AED 448,551,845.

On December 31, 2024, a communication was issued regarding a resolution passed by the Board of Directors of the Dubai Financial Market (PJSC) by circulation, addressing an internal matter of the company. This follows a previous disclosure made by the company on December 26, 2024.

GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has made a strategic investment in Manrre REIT. Manrre is a prominent Dubai-based fund focusing on institutional-grade logistics and industrial assets across the UAE and the GCC region. This investment is anticipated to have a positive impact on GFH Financial Group's financial statements and is expected to increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

Gulf Navigation Holding PJSC has informed its shareholders about the approval from the Securities and Commodities Authority to amend certain agenda items for their upcoming General Assembly meeting. The meeting is scheduled for January 2, 2025, at 3:00 PM, and will be held both physically at the Novotel Hotel in Dubai and electronically. The revised agenda includes: 1. Reviewing the details of an acquisition transaction involving a cash and in-kind capital increase through converting mandatory convertible bonds into shares for acquiring companies and assets owned by Brooge Energy Limited. 2. Considering and approving a valuation report by an independent valuer appointed by the Securities and Commodities Authority, which includes calculating the conversion ratio of the convertible bonds into shares. 3. Reviewing and approving the Board of Directors' report and a valuation report justifying the acquisition of the in-kind stake (ownership of shares of the acquired companies) and the payment of the transaction price through issuing new shares to Brooge Energy Limited, valued at approximately AED 448,551,845.