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International Holding Company PJSC (IHC) has issued a notice regarding the protection of personal and financial information. The company warns that scammers are using IHC's name, employee names, and logo to promote fraudulent investment opportunities and tenders online, asking for personal, business, credit card, and bank details. IHC emphasizes that it never requests personal, business, or financial information via email, mail, or any other means, nor does it ask for payments or investments in such a manner. Recipients of such requests should treat them with caution and not provide any sensitive information. To verify the legitimacy of communications claiming to be from IHC, individuals should check that the sender's email address comes from the "@ihcuae.com" domain. For protection against scams, IHC advises staying updated through their official website and regular news disclosures on ADX.
The Abu Dhabi Securities Exchange has released a disclosure regarding a board meeting for Fujairah Cement Industries (PJSC). The meeting is scheduled for Thursday, September 5, 2024, at 12:00 PM. The agenda includes the implementation of GAM (43) decisions, discussion of normal operational matters, and other topics. The disclosure is signed by General Manager Saeed Ahmed Ghareib Alseridi and is also copied to the SCA.
The General Assembly Meeting of NMDC Group PJSC was held on Thursday, 29 August 2024, from 3:00pm to 3:30pm at the company's head office in Mussafah, Abu Dhabi, with virtual participation. The meeting was chaired by H.E Mohamed Al Hammadi, Vice Chairman of the Board of Directors, and had a quorum of 90.2%, all through electronic voting. The following ordinary resolutions were approved: entering a transaction with a related party involving the purchase of commercial land plots in exchange for shares in a subsidiary, authorizing the Board of Directors or their designee to implement the resolutions, and appointing Mr. Abdulla Mohamed Ahmed Al Suwaidi as a board member to complete the term of his predecessor.
Tabreed, a leading district cooling company, has achieved the 'Verified Carbon Standard' at one of its Abu Dhabi plants, marking a significant step in decarbonizing the cooling sector. The certification, carried out by the independent agency Verra, followed a year-long review and confirmed the plant's high energy efficiency and substantial environmental benefits. The facility, which supplies a prominent commercial and tourist development, prevents approximately 19,320 tons of carbon emissions annually by reducing electricity consumption compared to conventional cooling systems. This certification allows Tabreed to trade carbon credits in the voluntary market, a first for any district cooling company. The success of this project enables Tabreed to apply the same energy-efficient methodology to other facilities, potentially generating additional revenue through carbon credit trading. This achievement follows Tabreed’s renewable energy initiatives, including a collaboration with ADNOC to create the region’s first geothermal-powered district cooling plant.