Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular today calling for their General Assembly Meetings (GAMs) to be held simultaneously on 25th April 2024. During the GAMs, respective shareholders of each entity will vote on the proposed merger of the two Abu Dhabi-headquartered and ADX-listed entities.
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Abu Dhabi Commercial Bank (ADCB) today announced it has become the first local bank to establish a presence in the Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of Abu Dhabi, by opening its flagship private banking centre within the new asset management subsidiary.
ADCB is the first local bank to obtain the ADGM
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