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Presight, a leading big data analytics company powered by Generative AI, has signed a Memorandum of Understanding (MOU) with Gambia’s Ministry of Communications and Digital Economy (MOCDE) during Gitex Africa 2024. The partnership aims to enhance digital transformation in Gambia by improving the nation's communications infrastructure. The MOCDE, responsible for building and maintaining Gambia's national communications infrastructure, will collaborate with Presight in a two-phased approach. The first phase will focus on developing digital government services and a national digital identity initiative to improve public service delivery and secure access to government resources. Presight will also support the establishment of a national data center. The second phase involves creating a national safety operations center to protect Gambia's digital infrastructure and a Digital Supply Chain Security Lab to ensure secure digital transactions and communications, promoting a safe digital environment for businesses and citizens.

ADNOC Logistics & Services Plc (ADNOC L&S) and Samsung Heavy Industries have signed a Letter of Intent for the construction of at least three Liquified Natural Gas (LNG) carriers, with options for two additional carriers. Each carrier will have a capacity of 174,000 cubic meters and is scheduled for delivery in 2028. ADNOC L&S is a global energy maritime logistics company listed on the Abu Dhabi Securities Exchange, serving over 100 customers in more than 50 countries. For more information, visit www.adnocls.ae.

On May 29, 2024, the National Cement Company PSC disclosed the resignation of Mrs. Hind Issa Salem Issa Ali, an independent non-executive board member, effective the same day. Mr. Mazin Mohammad Muhiddeen Al Khatib has been appointed as the new independent non-executive board member. This information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority. The announcement was made by Mohammed Abdulla Ahmed Al Ghurair, General Manager of the National Cement Company.

On May 29, 2024, the National Cement Company P.S.C. held a board meeting from 12:00 PM to 01:00 PM, attended by six members, achieving a quorum of 85.7%. The meeting resulted in the approval of the previous meeting's minutes, the resignation of Board Member Mrs. Hind Issa Salem Ali, and the appointment of Mr. Mazin Mohammad Muhiddeen Al Khatib as an independent, non-executive board member. Additionally, the company's business was discussed. The disclosure was addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and copied to the Securities and Commodities Authority.

GFH Financial Group B.S.C. announced on May 29, 2024, that it has received approval from the Central Bank of Bahrain to repurchase up to 10% of its total issued shares as treasury shares. This decision follows a resolution passed by the company's Ordinary General Meeting on March 24, 2024. The share repurchase will commence on May 30, 2024. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.