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Emirates Stallions Group (ESG) has fully acquired Sawaeed Holding, a leading provider of manpower and labor accommodation solutions in the region. ESG increased its shareholding by 83.89% to complete the 100% acquisition. This move is part of ESG's growth and diversification strategy, and it strengthens its position as a leader in the manpower services sector. Sawaeed Holding, established in 2006, has diversified its services over the years, including investments, industrial training, manpower accommodation, and facilities management. Its core business in employment services has made it a key player in the industry.

Borouge, a leading petrochemicals company, has reported a 37% YoY increase in its Q1 2024 net profit, amounting to $273 million. This significantly outperformed market expectations, driven by higher pricing premia, a strategic focus on high-value product segments, and increased operational efficiency. The company's EBITDA margin stands at 44%, an industry-leading figure. Borouge's growth project, Borouge 4, is over 60% complete and is expected to increase annual production capacity by 28%. The company has reiterated its commitment to a $1.3 billion dividend in 2024, representing a current yield of 6.5%.

The text appears to be the first quarter management discussion and analysis report for the year 2024 from Borouge PLC, published on April 30th, 2024. The report likely contains information about the company's financial performance, business strategies, and market conditions.

On 29th April 2024, the Board of Directors of Borouge PLC held a meeting via video conference. During the meeting, the Board approved the company's financial statements for the first quarter of the current financial year 2024. The Board also discussed recent developments relating to the company's activities and projects. The information was disclosed to the Market Operations & Surveillance of Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority.

Dubai Financial Market has announced a significant 171% rise in its net profit before tax for Q1 2024, amounting to AED 95.6 million.

The text refers to a review report and condensed interim consolidated financial information from the Dubai Financial Market (DFM) P.J.S.C. The information covers a three-month period ending on 31 March 2024. This report is likely to be of interest to those involved in finance and investing.