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The Abu Dhabi National Energy Company PJSC (TAQA) has released its review report and interim condensed consolidated financial statements for the three-month period ending 31 March 2024. These documents are currently unaudited.

TAQA Group reported a net income of AED 2.1 billion for Q1 2024, a 6.9% increase compared to the same period last year, excluding one-off items. Revenues also increased by 5.3% to AED 13.7 billion, and adjusted EBITDA rose by 4.9% to AED 5.5 billion. These financial gains were boosted by contributions from the Sustainable Water Solutions Holding Company. However, net income saw a decrease of AED 9.5 billion due to one-off items recognized in 2023. Capital expenditure was significantly higher by 60.3%, driven by construction progress in desalination projects. Free cash flow generation was AED 0.3 billion, lower than the previous year due to increased investments in renewable energy projects. Gross debt increased to AED 62.5 billion, up from AED 61.7 billion at the end of 2023, due to project debt assumed on the acquisition of SWS Holding and investment in desalination projects.

Eshraq Investments PJSC held its third Board of Directors meeting for 2024 on 14/05/2024, with all five board members present. The Board approved the minutes of the previous meeting held on 19/03/2024. Mr. Fahad Abdulqader Al Qassim was elected as the Chairman of the Board of Directors, and Mr. Matar Hamdan Al Ameri was elected as the Vice-Chairman. The members of the Board's committees were appointed. The Board also approved the condensed consolidated interim financial information for Q1 2024 and delegated signing authority to the Chairman. Decisions regarding internal administrative and organizational matters were also taken.

Eshraq Investments has released its Q1 2024 financial results, revealing a total net investment value of AED 1.04 billion in its Goldilocks Fund and a decrease in liabilities by approximately AED 400 million. Despite a weaker financial performance due to changes in the Goldilocks Fund's value, the company's finance income rose by 38% year-on-year, with finance costs decreasing by 42%. Eshraq reported a net loss of AED 306.1 million for Q1 2024, largely due to changes in the Goldilocks Fund's value. The company is focusing on portfolio optimization and debt reduction, with plans to announce a refreshed corporate strategy in the coming weeks.

The text appears to be a review report and condensed consolidated financial information for Eshraq Investments PJSC. The report covers the three-month period ending on 31 March 2024.

The text provides a review report and condensed consolidated interim financial information for Abu Dhabi Aviation PJSC. The data covers the three-month period ending on 31 March 2024 and is unaudited.

GFH has reported a 13.03% increase in net profit attributable to shareholders in Q1 2024, amounting to US$27.14 million. The growth was supported by contributions from the group's subsidiaries, associates, and investments. The group saw strong growth in investment banking, with income of US$46.2 million for the quarter. It also made partial exits from proprietary investments, including real estate, and sold 25% of Khaleeji Bank to strategic investors. The group's Treasury and proprietary investments portfolio also contributed significantly to the growth. GFH was named the "World's Best Islamic Investment Bank 2024" by the Global Finance Awards and extended its partnership with the FII Institute for another three years.

The text provides information about the GFH Financial Group BSC, which is a Bahrain-based Islamic wholesale bank. The bank's commercial registration number is 44136, and it is registered with the Central Bank of Bahrain. Its registered office is located on the 2nd floor of Harbor House, Building Number 1436, Block: 346, Road: 4626 in Manama, Kingdom of Bahrain. Abdulmohsen Rashed Alrashed will serve as Chairman from March 2024, while Hisham Ahmed Alrayes is the current CEO. Other directors include Ghazi Faisal Ebrahim Alhajeri, Ali Murad, Darwish Al Ketbi, Fawaz Talal Al Tamimi, Rashid Nasser Al Kaabi, and several others serving terms until or beginning in March 2024. The auditors for the group are KPMG Fakhro.

On May 14, 2024, GFH Financial Group held a Board of Directors meeting at 2:00 pm, Bahrain time. The meeting focused on two key points: the financial results for the first quarter of 2024, ending on March 31st, and other internal matters. The financial results for Q1 2024 are attached.