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The Board of Directors of Amanat Holding has invited the shareholders to the company's Annual General Meeting. The meeting will be held at the Waldorf Astoria Dubai - Dubai World Financial Centre, or through electronic participation, at 3:00 PM on Thursday, April 25, 2024. The agenda includes: approval of the appointment of the meeting's registrar and Dubai Financial Market as vote collector, hearing and approving the board's report on the company's activities and financial status for the fiscal year ending December 31, 2023, hearing and approving the auditor's report, discussing and adopting the company's budget and profit and loss account for the same year. The agenda also includes reviewing and approving the board's proposal for cash dividend distribution of AED 50 million (2% of the company's capital), reviewing and approving the proposal for the board's reward, discharging the board members and auditor for the fiscal year 2023, appointing an auditor for the fiscal year 2024 and determining his fees. A special resolution to modify Article 14 of the company's basic system is also on the agenda. The modification allows the company to distribute quarterly or semi-annual profits to shareholders from the company's operating or accumulated profits.

The Board of Directors of Islamic Arab Insurance Company “SALAMA” (PJSC) is inviting its shareholders to attend the General Assembly meeting on 25 April 2024 at 03:00 PM. The meeting will be held at the company's headquarters in Dubai or can be attended virtually. The agenda includes appointing a meeting secretary and vote collector, reviewing and approving the Board of Director’s Report on the company’s 2023 activities and financial position, the Auditor’s Report for 2023, the internal Sharia Supervisory Committee Report for 2023, and the company’s Balance sheet and Profit & Loss Account for 2023. The meeting will also discuss discharging the Board of Directors from responsibility for the year ending 31 December 2023.

Emirates NBD reported a 67% surge in Q1 2024 profits to a record AED 6.7 billion, a 12% year-on-year increase. This was driven by regional growth, increased transaction volumes, a low-cost funding base, and substantial impaired loan recoveries. The bank's assets surpassed AED 900 billion, with strong performances in retail and corporate lending. Expansion in Saudi Arabia and digital capabilities also contributed to growth. Deposits increased by AED 26 billion, with AED 21 billion coming from low-cost Current and Savings Accounts. The bank also registered an impairment credit due to an improved economy. All business units performed well, boosting capital ratios and solidifying the bank's balance sheet.

The following text provides a summary of the condensed consolidated interim financial statements of Emirates NBD Bank (P.J.S.C.) for the three-month period ending on 31st March 2024.