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News Update From Taaleem Holdings PJSC
Disclosure: Disclosure of Material Information-New Agreement
Taaleem Holdings PJSC has signed a master agreement with Harrow International Schools Limited (HISL), effective June 2024. This agreement grants Taaleem the exclusive rights to own and operate Harrow International Schools in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait. These schools will join Harrow's global network, known for its educational excellence, co-curricular programs, and emphasis on character development and leadership. This partnership aligns with Taaleem's strategy to enter the super-premium school segment and expand its presence in the Gulf Cooperation Council (GCC).
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 01/07/2024 is the last trading date to entitle for IFA’s bonus shares
News Update From Gulf Navigation Holding PJSC
Disclosure: BOD meeting
The text is a formal communication from Gulf Navigation Holding PJSC, dated 1 July 2024, addressed to H.E. Hamed Ahmed Ali, CEO of Dubai Financial Market, and H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority in Abu Dhabi. The letter informs them about a Board of Directors meeting scheduled for 3 July 2024 at 3:00 pm. The agenda for the meeting includes considering the resignation of Mr. Mazen Jaber Al Dahmani from his position as a Board Member and appointing a new member, discussing updates on the acquisition of companies and assets owned by Brooge Energy Limited, including transaction settlement through cash, issuance of mandatory convertible bonds, and new shares, and reviewing the valuation report related to the transaction. Additionally, the meeting will cover regular company matters and any other business. The letter is signed by Nader Muqbel, Investor Relations Director at Gulf Navigation Holding PJSC.
News Update From Al Salam Bank B.S.C
Disclosure: Clarification from the company
News Update From International Financial Advisors K.S.C.C.
Disclosure: Disclosure of material information
News Update From Abu Dhabi Ports Company PJSC
Disclosures: Abu Dhabi Ports Company PJSC Announcement of Board Meeting to be held on 04/07/2024 at 11:00
The Board of Directors of Abu Dhabi Ports Company PJSC will hold a meeting via video conference at 11 a.m. on Thursday, 4 July 2024. The agenda includes electing a new Chairman of the Board, considering and approving the reconstitution of the Board's committees, and discussing general matters related to the company's activities and projects. The notice is signed by Emil Pellicer, General Counsel, and a copy has been sent to the Securities and Commodities Authority.
News Update From CHIMERA S&P TURKEY SHARIAH ETF SHARE CLASS B - Income
Disclosures: CHIMERA S&P TURKEY SHARIAH ETF SHARE CLASS B - Income FACT Sheet
The Chimera S&P Turkey Shariah ETF - Income (CHTRSHIN) is an exchange-traded fund that aims to closely match the performance of the S&P Turkey Shariah Liquid 35/20 Capped Index. It provides access to Turkey's equity markets and distributes dividends semiannually. Key details include an inception date of August 8, 2022, a total expense ratio of 1.00%, and a quarterly rebalance frequency. The fund is domiciled in the UAE and managed by Lunate Capital LLC. It has 5 million shares outstanding, a net asset value (NAV) of AED 5.957, and assets under management (AUM) of AED 29.79 million. The ETF's distribution yield is 0.12%, and it holds 20 securities, with significant allocations in consumer staples, industrials, and energy sectors. Top holdings include BIM Birlesik Magazalar AS and Turkiye Petrol Rafinerileri AS. Performance data indicates a 197.33% return since inception, but past performance does not guarantee future results. The ETF trades on the Abu Dhabi Securities Exchange under the ticker CHTRSHIN.
News Update From CHIMERA S&P US SHARIAH VALUE ETF
Disclosures: CHIMERA S&P US SHARIAH VALUE ETF FACT Sheet
The Chimera S&P US Shariah Value ETF - Income (CHUSSHINV) is an exchange-traded fund (ETF) designed to mirror the performance of the S&P High Yield Dividend Aristocrats U.S. Shariah 35/20 Capped Index. It offers access to the U.S. equity markets and distributes dividends semiannually. Key details include: - **Asset Class**: Equity - **Base Currency**: USD - **Inception Date**: 30th June 2022 - **Total Expense Ratio**: 1.00% - **Dividend Treatment**: Distributing - **Domicile**: UAE - **Management Company**: Lunate Capital LLC - **Net Asset Value (NAV)**: AED 4.133 - **Assets Under Management (AUM)**: AED 11.37 million - **Shares Outstanding**: 2,750,000 - **Number of Holdings**: 30 - **ETF's Distribution Yield**: 1.07% Performance metrics show the ETF had a return of -1.19% over the past month, -2.13% over the past three months, and 4.91% over the past year. The fund's top sector allocations include Consumer Staples (21.7%), Health Care (21.8%), and Energy (16.9%), with top holdings in companies like Exxon Mobil Corp (11.10%) and Procter & Gamble Co (8.36%). The fund trades on the Abu Dhabi Securities Exchange under the ticker CHUSSHINV, with trading hours from 10 am to 3 pm GST and a settlement period of T+2. The fund's value and income can vary, and initial investments are not guaranteed.
News Update From Pure Health Holding PJSC
Disclosures: Pure Health Holding PJSC_Disclosure of Material Information_Sale of Abu Dhabi Stem Cells Center and Yas Clinic
News Update From Oman & Emirates Investment Holding Co
Disclosures: Oman & Emirates Investment Holding Co Announcement of Board Meeting to be held on 03/07/2024 at 10:00