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The Abu Dhabi First Bank (FAB) has released a statement acknowledging recent market speculations. The bank reassures its focus on executing its growth strategy and providing strong returns to its shareholders. The statement also mentions that the bank may engage in strategic discussions about expanding its operational network in line with its overall banking operations. FAB ensures that any significant disclosures will be made in accordance with regulatory requirements.

The National Investor PrJSC has announced that a remote meeting of the Board of Directors will be held on May 29, 2024, at 3:00 pm. The agenda includes discussing a non-binding offer from a related party for the purchase of a company-owned real estate asset, along with other routine business matters. The results of the meeting will be disclosed after it has taken place.

The General Meeting (GM) of Presight AI Holding PLC took place on Tuesday, 21st May 2024, from 4:00 PM to 4:30 PM. The meeting was held both in-person at the Rosewood Abu Dhabi Hotel at Al Maryah Island in Abu Dhabi and virtually via online attendance. The Chairman of the Board of Directors, H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, chaired the meeting. The quorum of total attendance was 90.06% of the capital. The letter does not mention the decisions and ordinary resolutions of the GM.

The National Bank of Ras Al Khaimah (P.S.C.) has invited its shareholders to a General Assembly Meeting on Thursday, 13th June 2024 at 10:00am. The meeting can be attended in person or virtually. The agenda includes authorizing the Chairman to appoint the meeting's Secretary and Vote Collector, issuing new regulatory capital securities to strengthen the Bank's capital adequacy ratio, undertaking any liability management exercise with respect to the issued securities, preparing and entering into necessary finance agreements, and authorizing the Board of Directors to determine the timing of the issuances and implement special resolutions adopted by the general assembly.

Resolution No. 417 of 2024 concerns the temporary suspension of trading on the shares of Manazel PJSC. The decision is based on Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. As Manazel PJSC's AGM is scheduled for 10:00 on 23-May-2024, which coincides with the trading session at ADX, trading in Manazel shares will be suspended from 10:00 on 23-May-2024 until ADX receives the AGM results. All department heads at ADX are required to enforce this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 20/05/2024.

Resolution No. 416 of 2024 temporarily suspends trading on the shares of Gulf Investment House Company. This is in line with Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the company's AGM being held at 12:00 on 20-May-2024, which coincides with the trading session at ADX. Trading will be suspended from 12:00 on 20-May-2024 until ADX receives the AGM results. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 20/05/2024.

The GFH Financial Group B.S.C. has announced on 19/05/2024, under trading code GFH, that it is halting the purchase of its treasury shares. The company has decided to stop buying back its shares in order to execute a sale transaction with a strategic buyer. The company stated that there is no expected financial impact from this decision. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

SHUAA Capital p.s.c., a financial investment company based in Dubai, United Arab Emirates, held a board meeting on 17th May 2024. The board reviewed the company's financial and operational performance for the first quarter of 2024 and the progress of its capital optimization plan. It resolved to issue mandatory convertible bonds (MCBs) of up to AED 367.0 million and AED 275.5 million through private placement, subject to regulatory and shareholder approval. The conversion valuation of the MCBs will be determined by an independent financial advisor.