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Hily Holding PJSC held a board meeting via video conference on 25/04/2024, with a quorum of 71.4%. The meeting, which began at 2:00 PM and ended at 2:30 PM, saw the approval of the minutes of the previous meeting. Mr. Ahmed Ali Khalfan Al Dhaheri was elected as the Chairman of the Board, while Mr. Mohamed Saeed Al Qubaisi was elected as the Vice Chairman. The formation of Board committees was also confirmed during the meeting.

The General Assembly Meeting of Invictus Investment Company PLC was held remotely on April 19, 2024, at 3:00 pm. The meeting was called upon by the Company’s Board of Directors and had a quorum of registered shareholders owning 1,017,880,480 shares, which represents 90.88% of the Company's share capital. The attendees included the Chairman, Mr. Osama D. Abdellatif, Director Mr. Amir D. Abdellatif, Group Chief Financial Officer Mr. Robert Rotich, and internal legal counsel Mr. Zia Hashmi. The agenda of the meeting was to discuss topics that were previously announced and to make appropriate decisions.

Shareholders of Bayanat AI PLC and Al Yah Satellite Communications Company P.J.S.C. (Yahsat) have approved a merger to create SPACE42, an AI-powered space technology company based in the Middle East North Africa (MENA) region. The merger, proposed in December 2023, is expected to be effective by mid-2024. SPACE42 will combine Bayanat’s Geospatial AI capabilities with Yahsat’s satellite communications capabilities to create new space-based services. The new entity aims to offer an expanded scope of services, utilize economies of scale, and improve profitability. The merger is in line with the National Space Strategy 2030 and the National Strategy for Artificial Intelligence 2031. SPACE42 is expected to become one of the world's most valuable publicly listed space companies.

The Abu Dhabi Securities Exchange has reported that BAYANAT AI PLC held its Annual General Meeting (AGM) on Thursday, 25 April 2024, at 3:00 pm UAE time. The meeting took place both at the company’s headquarters and virtually. The results and resolutions from the AGM have been attached. The report was signed off by Hasan Ahmed Al Hosani, the Managing Director of BAYANAT AI PLC.

The Abu Dhabi Securities Exchange (ADX) has approved the listing of Agility Global PLC under the symbol AGILITY and the ISIN AEE01376A248 as of May 2, 2024, within the Industrials sector. The equity book value of Agility Global PLC's share is around AED 1.88 per share, making the total equity book value of the company approximately AED 19.6 billion. The listing is a technical listing with no set starting trading price, with the reference price set at AED 0.37 for each share of Agility Global. The company will publish Equity Reports and the official prospectus of the listing to provide financial information for investors. There will be no additional impact from this news other than what has been previously disclosed.

On April 25, 2024, the Islamic Arab Insurance Company PSC – SALAMA held a general assembly meeting at their headquarters in Dubai and virtually. The meeting was chaired by H.E. Saeed Alhajeri, with a quorum of 53.7487% of the total attendance. Decisions made include the appointment of Mr. Khaled Barakat as the AGM secretary and Mr. Mohamed Shaaban as a vote collector. The assembly approved the Board of Director's report, the auditor's report, the Internal Sharia Supervisory Committee Report, the company's balance sheet and profit & loss account for the year ending December 31, 2023. The board of directors and auditors were discharged from liability for the same year.