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GFH Financial Group announced on 26/04/2024 that it has acquired 16,763,304 of its own shares (treasury shares), increasing its total holding from 183,840,785 shares (representing 4.80% of total issued shares) to 200,604,089 shares (representing 5.23% of total issued shares). The decision to purchase was made in a board of directors meeting in September 2021, and the purchase was approved by the Authority in April 2024. The shares were purchased at an average price of 0.283 USD, representing 0.437% of the issued capital. Following this purchase, 182,655,294 shares remain available for purchase.

GFH Financial Group has announced the acquisition of 13,820,630 of its own shares, also known as treasury shares. This purchase increases the total holding of treasury shares from 201,033,405, which is 5.25% of the total issued shares, to 214,854,035, representing 5.61% of total issued shares as of 29th April 2024. The decision to purchase was made by the company's board of directors in September 2021 and approved by the Authority in April 2024. The average purchase price was USD 2910. The number of shares remaining for purchase is 168,405,348.

The National Bank of Fujairah PJSC (NBF) has announced its Q1 2024 results, showing a significant year-on-year growth of 80.8%. The net profit before tax reached AED 274.8 million, compared to AED 152.0 million in Q1 2023. After tax, the net profit was AED 251.1 million. The bank attributes these results to selective quality business growth, effective management of margins and liquidity, high interest rates, improving impairment provisions, and strong local market conditions. NBF also reported a reduction of 33.4% in net impairment provisions, from AED 245.8 million in Q1 2023 to AED 163.7 million in Q1 2024. The bank's provision coverage ratio improved to 128.4%, and the NPL ratio was maintained at 4.9%.