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Lunate Capital Limited has notified Mr. Abdulla Salem Al Nuaimi, CEO of the Abu Dhabi Securities Exchange (ADX), about the distribution of dividends for the Chimera S&P UAE UCITS ETF - Share Class D - Income (CHAEIN). Unitholders will receive AED 0.0976 per unit. The key dates related to this dividend distribution are as follows: - Last Entitlement Date: 13th June 2024 - Ex-Dividend Date: 14th June 2024 - Record Date: 19th June 2024 - Dividend Payment Date: 10th July 2024 The notification was sent by Sherif Salem, Head of Public Markets at Lunate Capital Limited, which is licensed and regulated by the ADGM Financial Services Regulatory Authority.
On June 6, 2024, a notification was sent to Mr. Abdulla Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), informing him about the dividend distribution for Chimera S&P US Shariah Value ETF - Share Class B - Income (CHUSSHINV). The dividends, equivalent to USD 0.0044 per unit, will be distributed in AED to its unitholders. Important dates include the Last Entitlement Date on June 13, 2024, Ex-Dividend Date on June 14, 2024, Record Date on June 19, 2024, and Dividend Payment Date on July 11, 2024. The notification was signed by Sherif Saleh, Head of Public Markets at Lunate Capital LLC, which is licensed and regulated by the Securities and Commodities Authority.
The United Nations has expressed concern over the civilian casualties resulting from Israel's operation to rescue four hostages in Gaza, which may constitute war crimes according to the UN rights office. The operation in Nuseirat refugee camp led to significant Palestinian casualties, with at least 274 killed and 698 injured, as reported by Gaza's health ministry. The UN emphasized the need for adherence to the principles of distinction, proportionality, and precaution in military operations. Simultaneously, violence escalated along the Israeli-Lebanese border, with an Israeli strike killing a civilian in Lebanon and Hezbollah announcing the deaths of three of its fighters. The Israeli military conducted strikes on Hezbollah targets, including a military complex and a convoy of tankers, resulting in additional casualties. In a separate incident, a boat carrying over 200 migrants sank off Yemen, resulting in at least 49 deaths and 140 missing. The International Organization for Migration reported that the boat was carrying migrants from Somalia and Ethiopia, highlighting the ongoing dangers faced by migrants in the region. The IOM called for urgent cooperation to address migration challenges and ensure migrant safety.
On June 6, 2024, Sherif Saleh, Head of Public Markets at Lunate Capital LLC, notified Mr. Abdulla Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), about the distribution of dividends for the Chimera S&P KSA Shariah ETF - Share Class B - Income (CHSASHIN). The dividends will be distributed in AED, equivalent to SAR 0.0364 per unit to its unitholders. Key dates provided include the Last Entitlement Date on June 13, 2024, the Ex-Dividend Date on June 14, 2024, the Record Date on June 19, 2024, and the Dividend Payment Date on July 11, 2024. The notification was also sent to the Securities and Commodities Authority.
Lunate Capital LLC has informed Mr. Abdulla Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), that the Chimera S&P Kuwait Shariah ETF - Share Class B - Income (CHKWSHIN) will be distributing dividends equivalent to KWD 0.0057 per unit to its unitholders. The key dates are as follows: Last Entitlement Date is 13th June 2024, Ex-Dividend Date is 14th June 2024, Record Date is 19th June 2024, and Dividend Payment Date is 11th July 2024. The notification is made in accordance with listing and disclosure rules. The Securities and Commodities Authority has been copied on this communication.
On June 6, 2024, Sherif Salem, Head of Public Markets at Lunate Capital LLC, informed Mr. Abdulla Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), about the distribution of dividends for the Chimera FTSE ADX 15 ETF - Share Class B - Income (CHADX15). The dividend amount is AED 0.0361 per unit. The key dates are as follows: Last Entitlement Date is June 13, 2024, Ex-Dividend Date is June 14, 2024, Record Date is June 19, 2024, and Dividend Payment Date is July 10, 2024. Lunate Capital LLC is licensed and regulated by the Securities and Commodities Authority.
The United Nations (UN) expressed concern on Tuesday about the civilian casualties resulting from Israel's operation to rescue four hostages in Gaza. The UN rights office (OHCHR) suggested that actions by Israeli forces might constitute war crimes, emphasizing the significant civilian impact of the operation in Nuseirat. The raid, which aimed to free hostages kidnapped from the Nova festival in southern Israel on October 7, resulted in at least 274 Palestinian deaths and 698 injuries, according to Gaza's health ministry. The UN questioned whether the principles of distinction, proportionality, and precaution under the laws of war were followed. Additionally, cross-border violence between Israel and Lebanon escalated, with reports of civilian and fighter casualties on both sides. An Israeli strike in southern Lebanon killed a civilian, while Hizbollah fighters were also reported dead following Israeli military operations. Hizbollah claimed several attacks on Israeli positions in retaliation. In a separate incident, a boat carrying over 200 migrants sank off Yemen, resulting in at least 49 deaths, primarily women and children. The International Organization for Migration (IOM) highlighted the ongoing risks faced by migrants traveling from the Horn of Africa to Yemen, noting a significant increase in migrant arrivals in recent years despite the dangers. The IOM called for urgent cooperation to address migration challenges and ensure the safety of migrants.
Omorfia Group, the beauty division of Abu Dhabi-based Multiply Group, has acquired 100% ownership of The Grooming Company Holding (TGCH) from CedarBridge Capital Partners. This acquisition, which includes 47 owned and operated salons and 15 franchises across five countries, aligns with Omorfia Group's strategy for growth through targeted acquisitions. TGCH’s portfolio includes brands like N.BAR, 1847, and Sisters Beauty Lounge, serving over 120,000 customers annually. This move brings Omorfia Group's total to 132 owned and operated salons, reinforcing its leadership in the GCC and MENA beauty sectors. The company plans to expand its footprint through organic growth and strategic partnerships. Leaders from both groups emphasized the benefits of combining their operational capabilities and expertise to enhance service quality and drive sustainable growth.
Multiply Group PJSC has announced that Omorfia Group, a subsidiary specializing in beauty and personal care, has acquired 100% ownership of The Grooming Company Holding (TGCH) from CedarBridge Capital Partners. TGCH operates 47 salons and 15 franchises across five countries, offering services to both men and women. The main brands under TGCH include N.BAR, 1847, and Sisters Beauty Lounge, with a combined total of 62 locations. Additionally, Wellbe Trading, a subsidiary of TGCH, is the exclusive distributor of high-end beauty products in the GCC region.
GFH Financial Group B.S.C. has announced that its Board of Directors will hold a meeting on Monday, August 12, 2024, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.