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The text refers to the condensed consolidated interim financial information of Ithmaar Holding B.S.C. as of 31 March 2024.

Tabreed, the UAE's leading international district cooling company, has released its Q1 2024 financial results, showing a 9% year-on-year increase in consumption volumes for its cooling services. The company reported a net profit before tax of AED 122 million, a 4% increase from the same period in 2023. Tabreed's EBITDA margin was 58%, compared to 57% in Q1 2023, with group revenue of AED 468m for Q1 2024. The company also achieved a cash conversion rate of 90% and a net debt to EBITDA ratio of 3.97x at the end of Q1 2024. The company has repurchased a total of USD 240 million (AED 880 million) of its outstanding sukuk due in 2025, as part of its active management of its debt profile.

On 14 May 2024, a board meeting was held by the National Central Cooling Company (Tabreed). The meeting, in accordance with Disclosure and Transparency Regulations number 3 of 2000, approved the Un-Audited Interim Accounts of the company for the period ending 31 March 2024. The board also approved the release of these accounts and a press release to the Securities and Commodities Authority and the Dubai Financial Market.

The text refers to the unaudited interim condensed consolidated financial statements of United Foods Company (PSC) and its subsidiaries as of 31 March 2024.

The document contains the unaudited interim condensed consolidated financial statements of United Foods Company (PSC) and its subsidiaries as of 31st March 2024.

In Q1 2024, SALAMA, the UAE's largest Takaful solutions provider, reported a net profit of AED 17.58 million, marking a 118% increase from Q1 2023. The company's Takaful revenue expanded to AED 271.47 million, up from AED 265.23 million in Q1 2023. Net assets were reported at AED 3,600.39 million, while total equity decreased by 3.46% to AED 634.46 million, primarily due to currency value depreciation in Egypt. SALAMA also announced the launch of its new Abu Dhabi headquarters, indicating further market penetration within the UAE.

The Islamic Arab Insurance Co. (SALAMA) PSC held a board meeting on 14 May 2024, attended by five members via modern technology, with a quorum of 71.43%. The board approved the minutes of the previous meeting held on 29 March 2024 and reviewed and approved the financial statements for the first quarter ending on 31 March 2024. Other regular business matters were also considered. The meeting was authorized by General Counsel Khaled Barakat.