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The Chimera S&P UAE Shariah ETF - Accumulating (CHAESH) is an exchange-traded fund designed to closely track the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. Launched on July 20, 2020, it offers access to UAE equity markets with reinvested dividends. The fund is based and traded in AED and managed by Lunate Capital LLC. With a total expense ratio of 1.00%, the ETF is physically structured and rebalanced quarterly. It holds 30 investments with a net asset value of AED 7.300 and an AUM of AED 124.11 million. The fund's performance since inception shows a 98.92% return, though past performance does not guarantee future results. It is traded on the Abu Dhabi Securities Exchange under the ticker CHAESH. The top sectors include real estate, communication services, and financials, with major holdings in companies like Emirates Telecommunications Group and Emaar Properties.

The Chimera S&P UAE UCITS ETF - Income (CHAEIN) is an exchange-traded fund designed to closely track the S&P UAE BMI Liquid Capped 20/35 Index, providing access to UAE equity markets. The fund distributes dividends semiannually and is based in Ireland, with a total expense ratio of 1.00%. It was launched on February 23, 2021, and is managed by Lunate Capital Limited. As of the latest data, the fund's net asset value is AED 4.599, with assets under management totaling AED 128.77 million and 28 million shares outstanding. The ETF has a distribution yield of 3.67% and holds 30 different securities. The top sectors include Financials, Real Estate, and Communication Services, with major holdings in companies like Emirates Telecommunications Group and First Abu Dhabi Bank. The fund has shown a performance return of 25.31% since inception. Trading occurs on the Abu Dhabi Securities Exchange under the ticker CHAEIN.

EMSTEEL, a major steel and building materials manufacturer, reported AED 5.9 billion in revenues for the first nine months of 2024, a 9% decrease from the same period in 2023. The decline is attributed to global steel price fluctuations, increased competition, and economic uncertainties. The company faced profitability challenges due to low-priced Chinese steel exports affecting key markets. EMSTEEL's EBITDA was AED 645 million with an 11.0% margin, and net profit before tax was AED 101 million. The Emirates Steel division generated AED 5.34 billion in revenue but faced adverse market conditions and a legal claim provision. Emirates Cement's revenue was AED 537 million, with an increased net profit margin of 15%. EMSTEEL maintained a strong liquidity position with AED 623 million in cash. Strategically, the Group received five "UAE Industry 4.0 Digital Leader" titles and was appointed co-chair of the Alliance for Industry Decarbonisation, alongside Siemens Energy.

International Holding Company PJSC (IHC) has issued a notice to warn the public about scams involving the misuse of the company's name, employee names, and logo to promote fraudulent investment opportunities and tenders. These scams ask for personal, business, and financial information, as well as credit card or bank details. IHC emphasizes that it never requests such information or payments via email, mail, or any other means. The company advises caution and suggests verifying the legitimacy of communications by checking that emails come from the "@ihcuae.com" domain. For protection against scams, IHC encourages individuals to stay informed through their official website or the Abu Dhabi Securities Exchange (ADX) for official news and disclosures.

EMSTEEL, a major steel and building materials manufacturer in the UAE, reported AED 5.9 billion in revenues for the first nine months of 2024, a 9% decrease from the same period in 2023. The decline is attributed to global market fluctuations, increased competition, and economic uncertainties. The company's EBITDA was AED 645 million, with a margin of 11.0%, down from 13.6% in 2023. The Emirates Steel division generated AED 5.34 billion in revenue but faced challenges due to market conditions and a legal provision, resulting in a profit before tax of AED 20 million. Meanwhile, the Emirates Cement division reported AED 537 million in revenue and a profit before tax of AED 81 million, with an improved net profit margin of 15%. EMSTEEL maintained a strong liquidity position with AED 623 million in cash as of Q3 2024. The company received recognition for digital transformation efforts and was appointed co-chair of the Alliance for Industry Decarbonisation.

Alpha Dhabi Holding reported strong financial results for the third quarter of 2024, with a net profit of AED 11.1 billion for the nine months ending September 30, 2024. This represents a 4% decrease from the same period last year due to a one-time adjustment related to PureHealth. The operating net profit reached AED 7.5 billion, marking an 83% year-on-year increase, while revenue increased by 36% year-on-year to AED 44.2 billion. The growth was attributed to strategic acquisitions and investments made since 2022, as well as increased operations. Key revenue contributions came from the Industrial, Real Estate, Construction, and Services & Others segments. The company emphasized its ongoing strategic investments in high-growth, future-centric industries to further enhance its portfolio.

The Management Discussion & Analysis for the period ended 30 September 2024 provides an overview of the financial performance and strategic initiatives of the company. It includes insights into revenue trends, cost management, and market conditions affecting the business. The report also highlights key operational achievements and challenges faced during the period. Additionally, it outlines future plans and expectations to enhance shareholder value. The document serves as a resource for investors to understand the company's current position and future outlook.