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GFH Financial Group B.S.C. announced their market making activities for October 2024, in compliance with the Central Bank of Bahrain's requirements. The activities were carried out by liquidity providers SICO on the Bahrain Bourse and BHM Capital on the Dubai Financial Market and Abu Dhabi Securities Exchange. As of October 31, 2024, GFH held 207,500,896 treasury shares, accounting for 5.4% of the group's total outstanding shares. During October, SICO purchased 371,469 securities and sold 1,030,750 securities on the Bahrain Bourse, with total payments amounting to USD 124,831 and total receipts of USD 345,215.
Emirates Telecommunications Group Company (Etisalat Group) has announced the appointment of Khalid Murshed as the Chief Executive Officer of e& enterprise, effective January 1, 2025. He will replace Salvador Anglada, who has been appointed as an Advisor in the Group. This decision is part of the company's efforts to empower its talents and utilize their capabilities. The announcement was made in a letter addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange.
The text is a formal announcement about a board meeting for Takaful Emarat Insurance PSC, scheduled for Wednesday, November 13, 2024, at 4:00 PM. The meeting will focus on reviewing and approving the company's unaudited interim condensed consolidated financial statements for the third quarter ending September 30, 2024, as well as discussing business updates and other matters. The document is signed by Mohammed Abu Quora, the Chief Executive Officer, and includes the company's seal.
The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from November 4 to November 8, 2024. During this period, Dubai Taxi Company PJSC had a short sell trade volume of 2,000 shares valued at AED 5,780, while Emaar Properties PJSC had a short sell trade volume of 50 shares valued at AED 440.50. For more information on regulated short selling, refer to the DFM Market Rules and the Operational Model and Procedures available on the DFM website. The announcement can be accessed at the DFM's market announcements page. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of the data provided.
Amlak Finance PJSC is scheduled to hold a meeting on Wednesday, 13 November 2024, starting at 3:00 PM. The agenda includes discussions on normal business activities and updates. The authorized signatory for this meeting is Lama Takieddin, who holds the position of Head of Corporate Governance & Company Secretary.
Resolution No. (518) of 2024 involves the temporary suspension of trading for the shares of Al Ain Alahlia Insurance Co. on the Abu Dhabi Securities Exchange (ADX). This suspension will occur because the company's Board of Directors meeting is scheduled for 11:00 on November 14, 2024, which coincides with the trading session. Trading will be halted from this time until ADX receives the results of the meeting. The resolution mandates that all relevant ADX departments enforce this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was issued on November 8, 2024, and has been approved by the authorized person.
Resolution No. 517 of 2024 announces a temporary suspension of trading for Hayah Insurance Company P.J.S.C shares on the Abu Dhabi Securities Exchange (ADX). This suspension is due to a Board of Directors meeting scheduled for 11:00 on November 12, 2024, which coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution mandates all ADX department heads to implement this decision and requires it to be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on November 8, 2024.