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The Gulf Pharmaceutical Industries PSC reported accumulated losses of AED 346.7 million for the year ending 2023, contributing to an accumulated losses to paid-up capital ratio of 30.0% as of 31 December 2023. The losses are attributed to prior years and the net loss for 2023. To address these losses, the company has taken several measures including developing their topline in key markets, restructuring their product portfolio, launching new products, implementing process improvements, and initiating cost containment. The company's general assembly approved this plan, and it is noted that these losses do not exceed 50% of the paid-up capital.

The letter, dated March 14, 2024, is from Mohammad Adnan Sharafi, Secretary to the Board of Directors of the Abu Dhabi National Energy Company PJSC ("TAQA" or "Company"). It is addressed to Mr. Hamad A. Al Ali, Acting Head of Listed Companies Affairs at the Abu Dhabi Securities Exchange. The letter discusses the results of TAQA's Annual General Assembly meeting, which took place both in-person at the company's headquarters in Abu Dhabi and virtually with the participation of shareholders, on March 14, 2024, at 3:00 pm.

On 14th March 2024, GFH Financial Group announced that it has purchased 40,163,773 of its own shares (treasury shares). This acquisition increases the company's total holding of treasury shares from 108,029,833 (representing 2.82% of the total issued shares) to 148,193,606 (representing 3.87% of the total issued shares). The decision to purchase was taken during the company's board meeting in September 2021 and received approval from the Authority in March 2024. The average purchase price was USD 9420 per share, representing 1.048% of the issued capital.

On 14/03/2024, GFH Financial Group B.S.C announced the nomination results for the Membership of the Board of Directors (BOD) for the period of 2024-2027. The updated list of nominees who meet all the nomination requirements includes 19 individuals. The company has attached files for further information on the nominees.

Sukoon Insurance PJSC has announced a board meeting scheduled for Tuesday, 19th March 2024 at 10:00 am. The meeting will be held at the company's head office in Dubai and through 'Teams' video conferencing. The agenda for the meeting includes a general review of the company's business, review and approval of compliance policies and procedures, and review and approval of the Central Bank of the UAE's underwriting & pricing reports. The notice was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of Dubai Financial Market, and copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, Enforcement Affairs at the Securities and Commodities Authority in Abu Dhabi.

The Arabian Scandinavian Insurance Company (Sukoon Takaful), a UAE-based company with a paid-up capital of 154,000,000, has announced a Board of Directors meeting. The meeting is scheduled for Tuesday, 19th March 2024 at 12:15 pm, at the head office in Dubai, and will be conducted via Teams video conferencing. The agenda of the meeting will include a general review of the company's business. The Executive Chief Officer of the Dubai Financial Market, Mr. Hamed Ahmad Ali, has been informed about this meeting. A copy of the notice has also been sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, Enforcement Affairs at the Securities and Commodities Authority in Abu Dhabi.