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The National Cement Company P S C has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, disclosing a board meeting scheduled for Wednesday, 29/05/2024 at 12:00 PM. The agenda includes approving the minutes of the previous meeting, discussing the company's business, and other related matters. The letter is also copied to the Securities and Commodities Authority.

Presight has signed a Memorandum of Understanding with Dell to accelerate digital transformation and innovation across the Middle East. This collaboration aims to integrate advanced technologies to promote digital transformation and innovation.

On May 23, 2024, GFH Financial Group B.S.C announced the sale of 95,814,846 of its treasury shares, representing 2.5% of its total issued shares. The shares were sold to Mr. Abdulmohsen Rashed Al rashed and Mr. Salah Rashed Alrashed. After the transaction, the total number of treasury shares held by the company is 187,914,664, representing 4.9% of its total issued shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML at GFH Financial Group.

Abu Dhabi-based sports management company, Palms Sports, has acquired an 80% stake in Yas Physiotherapy Center, a leading musculoskeletal and sports injury treatment and rehabilitation clinic. The acquisition fits into Palms Sports' strategy of diversification and expansion into new sectors. Palms Sports, the world's largest Jiu-Jitsu training provider, views the acquisition as a way to complement its core business, offering more comprehensive services to its stakeholders and partners, and enhancing its portfolio in the healthcare sector.

H.E. Amr Al Menhali has resigned from his position as an independent Board member of Abu Dhabi Commercial Bank PJSC, effective from 24th April 2024 due to personal reasons. The Bank’s majority shareholder, One Hundred and Fourteenth Investment – Sole Proprietorship LLC, has nominated H.E. Dr. Ahmed Mubarak Al Mazrouei as a replacement. The Board of Directors approved the nomination on 12 May 2024, subject to the requirements of the Central Bank of the UAE.