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The Board of Directors meeting originally scheduled for November 21, 2024, at 10:00 AM has been rescheduled to 1:00 PM on the same day. The agenda remains unchanged.

International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, announced strategic recommendations from its AI-powered tool, Aiden Insight, following a Q3 2024 board meeting. Aiden Insight has been instrumental in analyzing data and proposing strategies to enhance IHC’s growth and governance. Key recommendations include prioritizing receivables management to maintain financial momentum, enhancing corporate governance to ensure transparency and compliance, and accelerating AI deployment to improve efficiency and reduce costs. IHC reported significant financial growth in Q3, with a 49.4% increase in revenue and an 18.3% rise in profit-after-tax for the first nine months of 2024.

Deyaar Development PJSC, a prominent UAE property developer, has sold out its first residential project in Abu Dhabi, RIVAGE, located on Al Reem Island. The project attracted strong interest from investors and homebuyers, reflecting high demand. This development is expected to significantly contribute to Abu Dhabi's economic growth, offering a variety of residential options for investors and families. Deyaar emphasizes its commitment to creating innovative and sustainable projects that support community needs and regional economic development. Established in 2002 and headquartered in Dubai, Deyaar has grown to become a leader in the region's real estate industry, providing comprehensive property development and management services across the UAE.

Taaleem Holdings PJSC has announced its acquisition of Lycée Libanais Francophone Privé Meydan (LLFP Meydan), a French curriculum school in Dubai with a capacity for 1,900 students. This acquisition complements Taaleem’s existing network of UK, IB, and American curriculum schools, enhancing its diverse educational offerings. LLFP Meydan currently enrolls 1,300 students from 26 nationalities, focusing on the French curriculum. Located in the rapidly developing Meydan area of Dubai, the school spans over 35,700 square meters with seven environmentally friendly buildings. In its first KHDA inspection in 2024, the school was rated 'Very good' with several 'Outstanding' features. The acquisition aligns with Taaleem's mission of educational excellence and will be integrated into its financials in FY2024/25.

Dubai Financial Market (DFM) has partnered with Al Maryah Community Bank (Mbank) to launch the IPO Upgrade program, which allows investors to leverage their subscription for selected Initial Public Offerings (IPOs) by up to five times. This initiative, supported by the Central Bank of the UAE, aims to enhance financial empowerment and accessibility within the UAE's capital markets. The program offers flexible investment options with the potential for higher allocations at a nominal fee. This collaboration highlights Mbank's role in financial innovation and DFM's commitment to transforming the UAE's financial landscape. Investors can access detailed information about the program through the DFM app or website.