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The Board of Directors of E7 Group PJSC will hold a meeting on Monday, 12 August 2024, at 3:00 p.m. in Abu Dhabi. The agenda includes reviewing the company's financial statements for the second quarter ending 30 June 2024 and discussing other general business matters. The notification is issued by Clinton Genty-Nott, the Board Secretary, and a copy has been sent to the Securities and Commodities Authority.
Sawaeed Holding PJSC has acquired United International Group (UIG) and Progressive Real Estate Development from Emirates Stallions Group (ESG). This acquisition enhances Sawaeed's presence in the UAE's manpower and workers accommodation sectors, particularly in oil and gas, construction, and various industrial fields. The strategic move consolidates ESG's manpower services and workers accommodation businesses under Sawaeed, positioning it as the flagship platform in these sectors. This integration doubles Sawaeed's manpower resources and expands its capabilities to support the UAE's economic growth.
GFH Financial Group B.S.C. disclosed its market-making activities for July 2024, in compliance with the Central Bank of Bahrain's requirements for monthly reporting. The report details transactions conducted by GFH’s market maker, SICO, on the Bahrain Bourse, and liquidity provider, BHM Capital, on the Dubai Financial Market and Abu Dhabi Securities Exchange. In July 2024, SICO purchased a total of 1,198,959 securities and sold 198,109 securities on the Bahrain Bourse. The total money paid amounted to USD 389,680, while the total money received was USD 64,769. The securities balance stood at 1,000,850, and the cash balance was USD 5,521,961.
Al Ain Ahlia Insurance Company, incorporated in Abu Dhabi by Law No. 18 of 1975 and registered under No. 3 on 8/8/1984 in the Insurance Companies Register, operates under the provisions of Federal Decree-Law No. 48 of 2023 regulating insurance activities. The company has a paid capital of AED 150,000,000. A board meeting is scheduled for Wednesday, August 14, 2024, at 12:00 PM to discuss the ordinary business of the company and any other items. The meeting will be attended by Yaser Ibrahim Hmedan, the Board Secretary, who is the authorized signatory.
The document is a review report and interim financial information for International Holding Company PJSC, covering the six-month period ending June 30, 2024.