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On November 21, 2024, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, regarding a meeting of the Board of Directors of Amlak Finance PJSC. The letter, sent by Lama Takieddin, Head of Corporate Governance and Company Secretary, informed that contrary to the previous disclosure on November 18, 2024, about making a decision by circulation on November 21, 2024, it has been decided to hold a Board meeting on November 27, 2024, at 3:00 PM to discuss regular company matters. Consequently, no decision will be made by circulation. A copy of the letter was also sent to the Securities and Commodities Authority.
Sukoon Insurance PJSC has announced that its Board of Directors will pass a resolution by circulation on November 25, 2024, at 10:00 am. The agenda includes the election of new members and a chairman for the Nomination and Remuneration Committee. The notification 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 in Abu Dhabi.
Drake and Scull International PJSC (DSI), a company specializing in mechanical, electrical, and plumbing (MEP) contracting services, as well as oil and gas and water treatment projects, has appointed Muin Al Saleh as the new Chief Executive Officer. With over 25 years of experience in engineering, construction, and infrastructure, Mr. Al Saleh is expected to drive operational growth, enhance client satisfaction, and optimize cost management. His leadership aims to strengthen DSI's project delivery capabilities and market position. Mr. Al Saleh expressed his enthusiasm for leading DSI and working with the team to advance projects and achieve company goals. The Board of Directors is confident in his ability to elevate DSI's presence in regional markets.
A new contract series for Micro DME Oman Crude Oil Futures, specifically the January 2026 contract, will be available for trading starting November 25, 2024. The contract, identified by the symbol OMOILF26 and the contract ID OIL211125001, will be listed until November 21, 2025. Further details can be found on the Dubai Financial Market website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.