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The text is a formal communication addressed to H.E. Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, both located in the UAE. It concerns the results of a board meeting of the National Central Cooling Company (PJSC), also known as "Tabreed," held on November 19, 2024. The meeting focused on discussing the company's business and operational matters. The letter references specific articles of the Disclosure and Transparency Regulations and is signed by Sean Magee, the Board Secretary.
Al Salam Bank has introduced an exclusive offer for the Jewellery Arabia 2024 exhibition, allowing clients to win back purchases up to BD 5,000 and daily cash prizes. The campaign, running from November 26 to 30, 2024, offers cash prizes based on spending levels using Al Salam Bank's credit or prepaid cards. Clients spending between BD 200 and BD 5,000 can win varying prizes, with higher spending increasing the chance of winning up to BD 5,000. Additionally, the first 10 clients daily can win BD 100 by visiting the bank's booth and showing receipts for purchases of at least BD 200. Cardholders will also benefit from exclusive offers, a temporary credit limit increase, a "Buy Now, Pay Later" feature, and a dedicated entry line at the event. Mr. Mohammed Buhijji, Head of Retail Banking, emphasized the bank's aim to enhance client experience through this campaign. More details are available on Al Salam Bank's website or via WhatsApp.
Response Plus Medical has stationed an ambulance at New York University Abu Dhabi to improve emergency access for students. This initiative, located on Saadiyat Island, aims to provide timely and convenient emergency medical support as part of the company's commitment to high-quality services in the UAE. Key officials from NYU Abu Dhabi and Response Plus Medical were involved in the announcement.
The Board of Directors meeting originally scheduled for November 21, 2024, at 10:00 AM has been rescheduled to 1:00 PM on the same day. The agenda remains unchanged.
International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, announced strategic recommendations from its AI-powered tool, Aiden Insight, following a Q3 2024 board meeting. Aiden Insight has been instrumental in analyzing data and proposing strategies to enhance IHC’s growth and governance. Key recommendations include prioritizing receivables management to maintain financial momentum, enhancing corporate governance to ensure transparency and compliance, and accelerating AI deployment to improve efficiency and reduce costs. IHC reported significant financial growth in Q3, with a 49.4% increase in revenue and an 18.3% rise in profit-after-tax for the first nine months of 2024.