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GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Monday, August 12, 2024, at 2:00 PM Bahrain time. During the meeting, the board discussed and approved the financial results for the second quarter of 2024, for the period ending June 30, 2024, as well as other internal matters. The financial results for the second quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
Dubai Islamic Insurance & Reinsurance – AMAN PJSC has scheduled a board meeting on 14.08.2024 at 6:00 PM. The agenda includes approving the minutes of the previous Board of Directors meeting (1-2024), discussing and approving the financial statements as of 30.06.2024, and addressing any other business matters. The form is signed by CEO Rached Diab on 12.08.2024.
Dubai Islamic Insurance & Reinsurance – AMAN PJSC has scheduled a board meeting on August 14, 2024, at 6:00 PM. The agenda includes approving the minutes of the previous Board of Directors meeting (1-2024), discussing and approving the financial statements as of June 30, 2024, and addressing any other business matters. The document is signed by Rached Diab, the CEO, on August 12, 2024.
Emaar Properties PJS C and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending June 30, 2024.
Emaar Development PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the period ending June 30, 2024.
The Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX), Abdulla Salem AlNuaimi, issued Resolution No. 471, which mandates the suspension of trading for The National Investor PRJSC shares starting from August 13, 2024, until further notice. This decision is in accordance with Articles 10/11 and 38 of the ADX Listing and Disclosure Rules. All ADX departments are instructed to implement this resolution, and it will be circulated to the respective company and brokers, becoming effective from the issuance date of August 12, 2024.
The Air Arabia Board of Directors held a meeting on Monday, August 12, 2024, at 3:00 PM. During this meeting, the board approved the financial statements for the second quarter of 2024. This information was disclosed earlier. Regards, Abdelrahman Bin Taliah Director of Corporate & Government Affairs
Air Arabia reported a net profit of AED 427 million for the second quarter of 2024, which is a 7% decrease from AED 459 million in the same period in 2023. The airline achieved a turnover of AED 1.65 billion, a 19% increase compared to the second quarter of the previous year. Over 4.5 million passengers traveled with Air Arabia between April and June 2024, a 19% increase from the 3.8 million passengers in the same quarter of the previous year. The average seat load factor rose by 3% to 79%. The airline added 16 new routes in the first half of 2024, with turnover surpassing AED 3.19 billion. Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, attributed the solid net profit to robust passenger demand and revenue growth.