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GFH Financial Group B.S.C. has announced the purchase of 38,662,943 of its own shares (treasury shares) as of 30th April 2024. This acquisition increases the total holding of treasury shares from 214,854,035 (5.61% of total issued shares) to 253,516,978 (6.61% of total issued shares). The decision to purchase was made in a board meeting in September 2021, with approval from the Authority in April 2024. The average purchase price was 0.297 USD per share, representing 1.009% of the issued capital. There are still 129,742,405 shares remaining for purchase.

Apex Investment PSC has announced a 62.5% year-on-year increase in its net profit for Q1 2024, excluding fair value changes and corporate tax. The company underwent a holistic transformation in 2023 to establish core foundations and accelerate growth. Now, Apex operates across three core verticals: Services, Structures, and Investments. The Q1 2024 results showed a 32% increase in revenue compared to the same period last year, with a gross profit margin of 21.4%. Net operating profit also significantly increased, and despite exposure to uncontrollable factors, the company reported a positive net profit before tax of AED 5.4M, compared to a loss of AED 190.1M in Q1 2023. The company plans to continue focusing on growth organically and through acquisitions across all three verticals until the end of 2024.

Emirates Stallions Group (ESG) has fully acquired Sawaeed Holding, a leading provider of manpower and labor accommodation solutions in the region. ESG increased its shareholding by 83.89% to complete the 100% acquisition. This move is part of ESG's growth and diversification strategy, and it strengthens its position as a leader in the manpower services sector. Sawaeed Holding, established in 2006, has diversified its services over the years, including investments, industrial training, manpower accommodation, and facilities management. Its core business in employment services has made it a key player in the industry.

Borouge, a leading petrochemicals company, has reported a 37% YoY increase in its Q1 2024 net profit, amounting to $273 million. This significantly outperformed market expectations, driven by higher pricing premia, a strategic focus on high-value product segments, and increased operational efficiency. The company's EBITDA margin stands at 44%, an industry-leading figure. Borouge's growth project, Borouge 4, is over 60% complete and is expected to increase annual production capacity by 28%. The company has reiterated its commitment to a $1.3 billion dividend in 2024, representing a current yield of 6.5%.

The text appears to be the first quarter management discussion and analysis report for the year 2024 from Borouge PLC, published on April 30th, 2024. The report likely contains information about the company's financial performance, business strategies, and market conditions.

On 29th April 2024, the Board of Directors of Borouge PLC held a meeting via video conference. During the meeting, the Board approved the company's financial statements for the first quarter of the current financial year 2024. The Board also discussed recent developments relating to the company's activities and projects. The information was disclosed to the Market Operations & Surveillance of Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority.