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The letter is from the Commercial Bank of Dubai P.S.C. to Mr. Hamed Ahmad Ali, the CEO of Dubai Financial Market. It reports on the Annual General Meeting of the bank held on 6th March 2024. Key resolutions from the meeting include the approval of the directors' report, the auditors' report, the Internal Sharia Supervision Committee's report, and the Consolidated Financial Statements for the year ended 31st December 2023. Additionally, a cash dividend distribution equivalent to 50% of the net profit for 2023, totaling AED 1,324,828,187, was approved.

The GFH Financial Group B.S.C. has announced that it is currently in discussions to acquire the financing and investment portfolios of Ithmaar Holding B.S.C. This transaction is subject to due diligence and regulatory approval. The financial impact of the acquisition is expected to be positive and significant, and it is anticipated to increase the returns for the group.

The GFH Financial Group B.S.C. has announced a board meeting scheduled for 14th May 2024. The meeting will start at 2 p.m. according to the Kingdom of Bahrain's time. The agenda of the meeting includes discussing the financial results for the first quarter of 2024 and other internal matters. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

Ithmaar Holding B.S.C has announced that they are in discussions with GFH Financial Group B.S.C for the latter to acquire Ithmaar’s financing and investment portfolios. The discussions are subject to due diligence and regulatory approvals, and shareholders will be informed of any further developments. The impact on the financial position is to be assessed based on the findings of the due diligence exercise. There were no previous relevant disclosures.

The text is a formal communication from Mr. Ali Al Hashimi, the Chief Financial Officer of Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, the Chief Executive Officer of Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market. The letter, dated 06 March 2024, informs that the Board of Directors of Dubai Financial Market will pass a resolution by circulation regarding ordinary and internal matters no later than March 12, 2024.