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The Board of Directors of Abu Dhabi Ports Company PJSC passed a resolution by circulation on Monday, 25 November 2024, at 6 p.m. The resolution involves inviting the company's general assembly to convene on a date that will be agreed upon by the Securities and Commodities Authority (SCA) to discuss the issuance of bonds by the company. The company will announce the date and agenda for the general assembly meeting after obtaining approval from the SCA.
ADNOC Logistics and Services (ADNOC L&S) has received its first new liquified natural gas (LNG) carrier, named 'Al Shelila,' from Jiangnan Shipyard in China, delivered two months early. This delivery is part of ADNOC L&S's fleet expansion and growth strategy, with five more carriers expected by 2026. The vessel uses advanced technology for improved efficiency and reduced emissions. The collaboration highlights strong industrial ties between the UAE and China. The delivery ceremony was attended by various dignitaries, including UAE and Chinese officials.
GFH Financial Group has announced that its global asset management division, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully acquired A-Class student housing assets worth $300 million in the United States. This investment is expected to positively impact the Group's financial performance and increase its returns.
GFH Financial Group B.S.C. (GFH) and Ithmaar Holding B.S.C. (Ithmaar) have announced to their shareholders that discussions are ongoing regarding GFH's acquisition of Ithmaar's financing and investment portfolios. These negotiations are subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact will be disclosed in due course. Previous announcements related to these discussions were made on several dates throughout 2024. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
On 22 November 2024, H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, communicated with Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM), regarding a disclosure. The DFM's Board of Directors is considering passing a resolution by circulation concerning an internal matter of the company, with a decision expected by 28 November 2024. The document was signed by Ali Amer Al-Hashimi, the Chief Financial Officer.
Aramex PJSC, a listed company, has scheduled a meeting for Wednesday, 27 November 2024, at 3:00 PM UAE time. The agenda includes a discussion on the company's business updates and routine matters. Amanda Dahdah, the Governance Officer and Board Secretary, is the authorized signatory for this meeting.