Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
Resolution No. 460 of 2024 temporarily suspends the trading of Al Wathba National Insurance Co. (AWNIC) shares on the Abu Dhabi Securities Exchange (ADX) from 12:00 on 13-Aug-2024 until ADX receives the results of AWNIC's Board of Directors meeting scheduled for the same time. The resolution mandates that all relevant ADX departments execute the suspension and circulate the information to the Securities and Commodities Authority (SCA), AWNIC, all ADX departments, and accredited brokers. This resolution was approved by the authorized person and issued on 07/08/2024.
HAYAH Insurance Company P.J.S.C. is a public joint stock company based in Abu Dhabi, United Arab Emirates, with a paid-up capital of AED 200 million. It is registered at the Central Bank of the UAE under registration no. 83, dated 16/09/2008. The company is located on the 16th floor of the Sheikh Sultan Bin Hamdan Building on Corniche Road, P.O. Box 63323. A Board of Directors meeting is scheduled for Monday, 12th August 2024, at 12:00 PM to consider and approve the financial statements for the second quarter of 2024. The authorized signatory for this disclosure is Mohamed Seghir, the Chief Executive Officer, and the document is dated and signed on 07th August 2024.
HAYAH Insurance Company P.J.S.C., located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE, is a Public Joint Stock Company with a paid-up capital of AED 200 million. It is registered at the Central Bank of the UAE under registration number 83 since 16/09/2008. A Board of Directors meeting is scheduled for Monday, 12th August 2024, at 12:00 PM to consider and approve the financial statements for the second quarter of 2024. The authorized signatory for this meeting is Mohamed Seghir, the Chief Executive Officer. The disclosure was signed and dated on 07th August 2024.
The Board of Directors of RAK Properties held a meeting on August 7, 2024, at 1:00 PM at Anantara Hotels. During the meeting, the Board approved the interim condensed consolidated financial statement for the six-month period ending on July 30, 2024.
Burjeel Holdings PLC, a leading super-specialty healthcare services provider in the MENA region listed on the Abu Dhabi Securities Exchange, reported double-digit revenue growth for the first half of 2024. The Group's revenue increased by 10% to AED 2.4 billion, driven by a 6% rise in patient footfall and improvements in patient yield. Burjeel Medical Center (BMC) saw a 21% growth in top-line revenue, with patient footfall reaching 3.1 million in H1'24 and accelerating to 11% in Q2'24. BMC's EBITDA rose by 41% to AED 93 million, while the hospitals' EBITDA grew by 9% to AED 464 million, reflecting strong growth in oncology and other advanced specialty services. The hospitals' net profit improved by 24% to AED 253 million due to growth asset ramp-up and cost optimization. Burjeel Holdings also launched IMed Technologies to create AI-based health tech solutions, aiming to enhance patient care, provider satisfaction, and financial performance.