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Emirates Integrated Telecommunications Company PJSC (du) reported strong financial results for the third quarter of 2024. The company achieved a 9.1% increase in quarterly revenues, reaching AED 3.6 billion, and a 16.9% growth in EBITDA to AED 1.7 billion, with a record EBITDA margin of 48.3%. Net profit for the quarter rose by 42.7% to AED 719 million, marking the highest quarterly net profit in the last three years. For the first nine months of 2024, net profit surged by 49.7% to AED 1.9 billion. This performance is attributed to sustained commercial momentum, strategic execution, and efficient cost management. The company has made significant progress in its connectivity business and is evolving into a leading Telecom and Digital Services Provider. Key developments include a strategic overhaul of its B2B portfolio with new sub-brands and a global partnership with Orange to support innovation and digital transformation. Capital expenditure normalized with a capital intensity of 12.2% in the first nine months, and the company reaffirmed its guidance for fiscal year 2024.

The document is a review report and includes condensed consolidated financial statements for Emirates Integrated Telecommunications Company PJSC and its subsidiaries, covering the nine-month period ending on September 30, 2024.

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the Securities and Commodities Authority (SCA) with registration number 604097, is holding a Board of Directors meeting on Friday, November 1, 2024, at 9:00 AM. The agenda includes reviewing and approving the Q3 financial statements for 2024 and discussing regular operational matters and other business updates. The meeting details were communicated by Ma’an Albostami, the Board Secretary.

The Dubai Financial Market (PJSC) has scheduled a Board of Directors' meeting for October 31, 2024, at 3:00 PM. The agenda includes reviewing the condensed consolidated interim financial information for the nine-month period ending September 30, 2024, and addressing regular matters and any other business.

Resolution No. 490 of 2024 concerns the temporary suspension of trading for the shares of Fujairah Building Industries P.S.C. This decision is in accordance with Article 16 of the regulations for listing securities on the Abu Dhabi Securities Exchange (ADX). The suspension will begin at 11:00 on November 7, 2024, coinciding with the company's Board of Directors meeting, and will continue until ADX receives the results of this meeting. All relevant departments at ADX are instructed to implement this resolution, which will be distributed to the Securities and Commodities Authority (SCA), the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on October 28, 2024.

The Islamic Arab Insurance Company – SALAMA (PSC) has scheduled a board meeting to be held on Wednesday, October 30, 2024, starting at 4:00 pm. The agenda includes discussing administrative matters and any other business. The announcement is authorized by Khaled Barakat, the General Counsel.