Latest Threads on News from companies

On 19th September 2024, GFH Financial Group B.S.C. announced that discussions and negotiations are ongoing for the acquisition of Ithmaar Holding B.S.C.'s financing and investment portfolios, subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact will be disclosed in due course. Previous related disclosures were made on 6th March, 7th April, 6th May, and 6th June 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

The "Sustainability Report 2023" focuses on accelerating growth while ensuring environmental stewardship, social well-being, and ethical governance.

The 2023 Sustainability Report focuses on accelerating growth while ensuring environmental stewardship, social well-being, and ethical governance.

Abu Dhabi Stem Cells Center (ADSCC) and Burjeel Holdings PLC have formed a strategic partnership to expand bone marrow transplant and cellular therapy services at Burjeel Medical City (BMC). This collaboration aims to enhance access to advanced care for patients with blood cancer, genetic diseases, autoimmune diseases, and other conditions, establishing Abu Dhabi as a global healthcare destination. ADSCC will extend its proprietary Abu Dhabi Bone Marrow Transplant Program (AD-BMT©) to BMC, which is accredited by the Department of Health - Abu Dhabi and recognized by the Foundation for the Accreditation of Cellular Therapy (FACT). ADSCC has achieved significant milestones in bone marrow transplantation and CAR-T Cell Therapy since 2020. The Burjeel Cancer Institute (BCI) at BMC has also pioneered bone marrow transplants, including the UAE’s first pediatric BMT in 2022. The partnership aims to create an integrated ecosystem for advanced research, cellular therapy, and regenerative medicine, benefiting new and existing patients. Both institutions are committed to setting new benchmarks in patient outcomes and medical excellence.

Sean Magee, Board Secretary, addressed a letter dated 18 September 2024 to H.E Dr. Maryam Buti Al Suwaidi, CEO of the Securities & Commodities Authority, and H.E Hamed Ali, CEO of the Dubai Financial Market. The letter clarifies recent media reports about statements attributed to Tabreed's CEO regarding future expansion into new markets. The company states that these quotes were inaccurate and that the CEO was speaking hypothetically about growth aspirations rather than concrete plans. Tabreed is focused on exploring promising investment opportunities to create long-term value for shareholders and operates in the UAE, four GCC countries, India, and Egypt. The company reaffirms its commitment to transparency and disclosure requirements and will disclose material information to the market once finalized. For further information, recipients are invited to contact the company.