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Al Salam Bank has signed a Memorandum of Understanding (MOU) with Bareeq Al Retaj, a prominent real estate developer in Bahrain, to offer exclusive real estate financing solutions for buyers interested in housing units in Ras Hayan Village and Wahati projects. The partnership provides clients with competitive profit rates, a 6-month grace period, quick approvals, waived administration and valuation fees, loyalty rewards points, complimentary consultations, and discounts on home and electronic appliances. Eligible clients under the Tas’heel scheme will also benefit from waived registration fees and free life and fire insurance. The collaboration aims to enhance the quality of life for clients and support national housing goals. Ras Hayan Village offers sustainable living with various plot sizes, while Wahati features modern apartments in a convenient location. For more information, clients can visit the bank's website or contact them via WhatsApp or Skiplino.

Resolution No. (456) of 2024 announces the temporary suspension of trading for Al Dhafra Insurance Co. shares due to a Board of Directors meeting scheduled for 12:00 on August 13, 2024, which coincides with the trading session at the Abu Dhabi Securities Exchange (ADX). Trading will be suspended from 12:00 on August 13, 2024, until ADX receives the meeting results. The resolution mandates that all relevant ADX departments execute this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. This resolution was approved by the authorized person and issued on August 5, 2024.

Resolution No. (455) of 2024 announces the temporary suspension of trading for the shares of Al Fujairah National Insurance Company (AFNIC) on the Abu Dhabi Securities Exchange (ADX). This suspension will take place from 11:00 AM on August 8, 2024, to allow for the company's Board of Directors meeting, which coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution mandates that all relevant department heads at ADX execute the suspension and circulate this information to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on August 5, 2024.

Resolution No. (454) of 2024 temporarily suspends trading of RAK Properties shares on the Abu Dhabi Securities Exchange (ADX). The suspension will begin at 13:00 on August 7, 2024, coinciding with the RAK Properties Board of Directors meeting. Trading will resume once ADX receives the meeting results. The resolution mandates all ADX department heads to implement this decision and requires it to be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 5, 2024.

Resolution No. (453) of 2024 concerns the temporary suspension of trading in the shares of Fujairah Cement Industries (FCI). The suspension will occur on September 5, 2024, starting at 11:00 AM, due to the Annual General Meeting (AGM) of FCI coinciding with the trading session at the Abu Dhabi Securities Exchange (ADX). Trading will resume once ADX receives the AGM results. The resolution mandates that all relevant departments in ADX implement this decision and that it be communicated to the Securities and Commodities Authority (SCA), FCI, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 5, 2024.

Resolution No. (452) of 2024 announces the temporary suspension of trading for the shares of RAK Co. for White Cement & Construction Materials. This suspension will occur from 10:00 AM on 8th August 2024 until the Abu Dhabi Securities Exchange (ADX) receives the results of the company's Board of Directors meeting, which coincides with the trading session. All relevant departments in ADX are instructed to implement this resolution, and it will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on 5th August 2024.

On August 2, 2024, a virtual meeting of the Board of Directors of Invictus Investment Company PLC was held at 3:00 PM UAE time, with all board members present. During the meeting, the board approved a binding offer to acquire a majority shareholding in an agro-food manufacturing company based in Africa. This acquisition aligns with Invictus' growth strategy and will complement its existing agro-commodity trading business. The board also approved the necessary transaction authorities to complete all binding documentation related to the acquisition.

Following the General Assembly meeting of Drake & Scull International on July 30, 2024, a new Board of Directors was elected. The newly elected Board held its first meeting on August 2, 2024, where they elected His Highness Sheikh Theyab bin Tahnoon bin Mohammed Al Nahyan as Chairman and Engineer Abdullah Atatreh as Vice Chairman. Sheikh Theyab emphasized the importance of the construction sector in the UAE and expressed confidence in Drake & Scull's positive impact on the industry. Recently, the company announced the write-off of approximately AED 4 billion in losses and the resumption of its stock trading on the Dubai Financial Market after a suspension of over six years.

Resolution No. 451 of 2024 announces the temporary suspension of trading in the shares of Abu Dhabi Aviation Co. due to a Board of Directors meeting scheduled for 14:00 on August 8, 2024. Trading will be halted from this time until the Abu Dhabi Securities Exchange (ADX) receives the meeting results. The resolution mandates that all department heads at ADX implement the suspension and ensures the resolution is communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 5, 2024.