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Check out what has been happening in the community
On 11/10/2024, Emirates Reem Investments Company PJSC responded to an inquiry from Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, regarding the increase in the company's shares. The company stated that there are no undisclosed events, financial information, or operational news. They affirmed their commitment to transparency and compliance with all relevant laws and disclosure practices.
On October 14, 2024, GFH Financial Group B.S.C. announced the results of its Ordinary General Meeting. The meeting, held with a quorum of 39.14%, included the minutes of the meeting, a report on the quorum, a voting report on the agenda items, and observations from shareholders or their representatives. The announcement was made by Mariam Jowhary, Head of Compliance & AML, and was accompanied by the company seal.
MBME Pay Payment Services Provider, part of the MBME Group, has signed an agreement with Abu Dhabi Islamic Bank (ADIB), one of the largest banks in the UAE. This partnership aims to leverage secure payment solutions and comprehensive channels provided by MBME to maintain high service levels and keep up with digital advancements. This collaboration marks a significant step in MBME Group's growth and is the beginning of more future projects.
Aldar Properties and Mubadala Investment Company have begun construction on One Maryah Place, a two-tower Grade A commercial development on Al Maryah Island in Abu Dhabi. This project will provide around 98,000 square meters of new office space to meet the increasing demand from global corporations and financial institutions at the Abu Dhabi Global Market (ADGM), an international financial center.
Presight, a leading big data analytics company utilizing Generative AI, has launched the Presight Intelli Platform at GITEX GLOBAL 2024. This platform aims to enhance city and infrastructure operations using AI. It is designed to transform operations and management across various industries and urban environments, such as smart cities, airports, ports, manufacturing, energy utilities, citizen services, public safety, and mobility. The platform offers governments and businesses the opportunity to optimize their operations through AI and Generative AI, with a focus on scalability and cost-effectiveness, allowing for seamless deployment in both small towns and large cities without requiring disruptive future updates.