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Ithmaar Holding B.S.C. has announced to the Bahrain Bourse and Dubai Financial Market that they are in ongoing discussions with GFH Financial Group B.S.C. about the acquisition of Ithmaar’s financing and investment portfolios. The finalization and agreement on the transaction structure is currently in progress and is subject to due diligence and regulatory approvals. Shareholders will be regularly updated about any further developments. The impact on the financial position will be disclosed in due course.

On 07/04/2024, GFH Financial Group B.S.C. announced that it is in ongoing discussions with Ithmaar Holding B.S.C. to acquire Ithmaar’s financing and investment portfolios. The transaction structure is still being finalized and agreed upon, and is subject to due diligence and regulatory approvals. The Group expects the transaction to have a positive and significant impact on its financials and increase its returns. Shareholders will be regularly updated on further developments.

The Abu Dhabi Securities Exchange has announced a change in the registry closing date for distributing cash dividends for the second half of the financial year 2023 of Borouge PLC. The original date coincided with the third day of Eid Al Fitr, a public holiday, so the new registry closing date has been set for 15 April 2024. A copy of this announcement has been sent to the Securities and Commodities Authority.

The Abu Dhabi Securities Exchange's Market Operations Surveillance Department has issued a disclosure regarding a board meeting for Fujairah Cement Industries (PJSC). The meeting is scheduled for Wednesday, 24/04/2024 at 12:30 PM. The agenda includes the implementation of AGM (42) decisions, discussion on normal operational matters, and other topics. The communication is also marked to SCA.Saeed Ahmed Ghareib Alseridi, the General Manager.

The Al Ain Ahlia Insurance Company has listed the candidates for its Board of Directors. The candidates are H.E. Mohamed Jouan Rashed Albadi Aldhaheri, H.E. Khaled Mohamed Jouan Albadi Aldhaheri, H.E. Ghaith Hammelkhadim Alghaith Alqubaisi, H.E. Saeed Ahmed Omran Almazrouei, H.E. Saif Ahmed Saif Saqer Almehairbi, H.E. Abdulla Mubarak Abdulla Mubarak Aldarmaki, and H.E. Shaikha Nasser Mohamed Ali Alnuwais. Approval of these candidates will be sought from the Central Bank of the United Arab Emirates and the Securities and Commodities Authority after the company's general assembly meeting on April 23, 2024.