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Takaful Emarat Insurance PJSC announced that it has received approval from the Securities and Commodities Authority (SCA) to extend the subscription period for increasing the company's issued share capital by up to AED 185,000,000 through a rights issue at AED 1.00 per new share. Important dates related to this capital increase include the subscription closing date on Friday, December 6, 2024, the date of allocation on Wednesday, December 11, 2024, the refund date on or around Friday, December 13, 2024, and the commencement of trading in the new shares on Monday, December 16, 2024. For further inquiries, investors can contact the investor relations department via the provided email.

Sukoon Insurance PJSC announced that its Board of Directors passed a resolution by circulation on November 25, 2024, at 10:00 am. The resolution approved a new structure for the Nomination and Remuneration Committee. The new members include Hamda Moosa Abdulla Hussain AlShamali as Chairman, and Hazem Shish and Rashed Saif Saeed ALJarwan AlShamsi as Committee Members. The announcement was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority.

The UAE Ministry of Energy and Infrastructure has signed a Memorandum of Understanding (MoU) with Emirates Central Cooling Systems Corporation (Empower) to explore and enhance partnership opportunities for district cooling services in the northern emirates. The agreement aims to improve quality of life, promote sustainability, and support the UAE's Net Zero 2050 Strategy by expanding environmentally-friendly district cooling systems. The MoU was signed by His Excellency Eng. Sharif Al Olama from the Ministry and His Excellency Ahmad Bin Shafar, CEO of Empower, highlighting a commitment to national interests and citizens' well-being. Both parties emphasize their dedication to achieving the UAE's energy goals, particularly in clean energy and sustainability, aligning with the objectives outlined in COP28 and the country's climate neutrality target by 2050.

GFH Financial Group B.S.C. announced that its global asset management division, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully acquired A-Class student housing assets in the United States valued at $300 million. This investment is expected to have a positive impact on the Group's financials and increase its returns.

Ithmaar Holding B.S.C. has announced ongoing discussions with GFH Financial Group B.S.C. regarding the acquisition of Ithmaar's financing and investment portfolios. These negotiations are subject to regulatory approvals, and shareholders will be regularly updated on any further developments.

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. are currently engaged in ongoing discussions and negotiations for GFH to acquire Ithmaar's financing and investment portfolios. This acquisition is subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact of the acquisition will be disclosed in due course. Previous announcements related to this matter were made on several dates throughout 2024. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

The Board of Directors meeting for Waha Capital PJSC, originally scheduled for November 12, 2024, has been postponed. The new date for the meeting is set for November 28, 2024, at 10:00 a.m. in Abu Dhabi. The meeting will focus on reviewing general business matters.

The Board of Directors of Abu Dhabi Ports Company PJSC passed a resolution by circulation on Monday, 25 November 2024, at 6 p.m. The resolution involves inviting the company's general assembly to convene on a date that will be agreed upon by the Securities and Commodities Authority (SCA) to discuss the issuance of bonds by the company. The company will announce the date and agenda for the general assembly meeting after obtaining approval from the SCA.