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GFH Financial Group announced the purchase of 11,949,000 of its own shares (treasury shares), increasing its total treasury shares from 187,914,664 (4.90% of total issued shares) to 199,863,664 (5.21% of total issued shares) as of May 30, 2024. The decision was made by the company's board on March 24, 2024, and approved by the authority on May 29, 2024. The average purchase price was 0.2989 USD per share, and the percentage of shares purchased from the issued capital was 0.312%. The remaining shares available for purchase are 183,395,719. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
On May 30, 2024, Abu Dhabi Ports Company PJSC announced the resignation of non-executive, independent board member Falah Mohammed Al Ahbabi, effective the same day, due to personal reasons. The announcement was authorized by Group General Counsel Emil Pellicer.
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.