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The Dubai Financial Market (DFM) has issued the expiry settlement prices for its equity futures contracts expiring in September 2024. The announcement, dated September 19, 2024, lists the settlement prices in AED for various contracts, including AIRARB U24 (2.750), ANSRI U24 (1.010), ARMX U24 (2.310), DEWA U24 (2.460), and others. The full list and further details are available on the DFM website. The document includes a disclaimer noting that the information is subject to change and advises referring to the official DFM Regulated Derivative Contract Trading Regulation for any inconsistencies.
Mashreqbank PSC, headquartered in Dubai, UAE, held a Board of Directors meeting on 20th September 2024. The meeting, which started at 10:00 am, reviewed and approved the minutes from the previous meeting held on 11th September 2024 and discussed various topics related to the bank's business and activities. The letter, dated the same day, was addressed to Mr. Hamed Ahmad Ali, the CEO of Dubai Financial Market, and was signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy of the letter was also sent to the Securities & Commodities Authority.
On September 9, 2024, the Board of Directors of Investcorp Capital plc held a meeting at 3:30 PM UAE time at the Rosewood Hotel, Al Maryah Island, Abu Dhabi. During this meeting, the Board approved the company's audited financial statements for the financial year ending June 30, 2024.
Tabreed, a leading district cooling company, recently concluded its participation in the third World Utilities Congress held at the Abu Dhabi National Exhibition Centre. The event, which has become a significant gathering for global utilities companies since its inception in May 2022, attracted a record number of delegates, visitors, and industry leaders. Tabreed's senior management participated in various panel discussions and presentations, addressing issues such as sustainable cooling, policy and regulation, and carbon pricing. The company showcased its new geothermal plant and other innovations at its prominently located exhibition stand. CEO Khalid Al Marzooqi highlighted Tabreed's role as a major utility provider and its pride in being the Exclusive Cooling Partner for the event.
International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company has become aware that its name, employees' names, and logo are being misused by scammers to advertise fraudulent investment opportunities and tenders online. These scammers are requesting personal, business, and financial information, including credit card and bank details, to pay tender fees or invest in the company. IHC emphasizes that it will never send tender requests or communications asking for personal, business, or financial information via email, mail, or any other means, nor will it ask for payments or investments through such methods. If you receive such a request claiming to be from IHC, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of emails or domains claiming to be from IHC by checking the sender’s email address. Official communications will always come from an “@ihcuae.com” domain. IHC advises the public to stay updated with the latest news by visiting their official website (ihcuae.com) or viewing regular news and disclosures on the ADX website (adx.ae).