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Emirates Central Cooling Systems Corporation PJSC (Empower) has successfully concluded its summer campaign, "Set and Save at 24°C," aimed at optimizing district cooling consumption and reducing customer bills. The campaign encouraged customers to set their air conditioning to 24°C to conserve energy and lower costs. Empower's CEO, HE Ahmad Bin Shafar, expressed gratitude to customers for their cooperation, emphasizing the importance of reducing energy consumption for environmental sustainability and aligning with Dubai's "Green Economy for Sustainable Development" initiative. The campaign, now in its ninth year, provided over 138,000 customers with tips to reduce energy waste and lower utility bills, contributing to a greener economy and supporting Dubai's goal of becoming the world's lowest carbon city by 2050.

Nasdaq Dubai has welcomed a USD 400 million Green Bond issuance from the Bank of China (Dubai Branch), one of China's major state-owned banks. The issuance, rated "A" by S&P Global Ratings and due in 2027, is part of the Bank of China’s USD 40 billion Medium Term Note Programme. The proceeds will be used to finance or refinance eligible green projects. This listing increases the total value of bonds listed on Nasdaq Dubai by the Bank of China to USD 1.47 billion and boosts Nasdaq Dubai's ESG-related issuances to USD 30 billion, with the total value of listed bonds reaching USD 41 billion. The Consul General of China in Dubai highlighted the strong financial cooperation between China and the UAE, emphasizing the bond's role in supporting sustainable development and the COP28 "UAE Consensus." The General Manager of Bank of China (Dubai Branch) stated that the proceeds will fund renewable energy and clean transportation projects in the UAE, reinforcing the bank’s commitment to green finance. Nasdaq Dubai's CEO welcomed the listing, underscoring Dubai's status as a key hub for international issuers.

ADNOC Distribution has announced a related party transaction with Abu Dhabi National Oil Company (ADNOC). They have entered into a Master Services Agreement (MSA) for a term of 10 years. Under this agreement, ADNOC will provide outsourced services to ADNOC Distribution in areas such as Procurement, IT, Finance, Human Capital, and General Services. The goal of this agreement is to enhance operational and cost efficiencies.

The Ordinary General Meeting of GFH Financial Group is scheduled for October 2, 2024, with provisions for subsequent meetings on October 9 and October 16, 2024, if quorum requirements are not met. The agenda includes: 1. Approval of the minutes from the previous meeting held on March 24, 2024. 2. Approval of the Board of Directors' recommendation to establish a Sukuk Programme worth up to $500 million. 3. Approval of modifications and an offer related to the 2020 Sukuk issuance, including early redemption for cash of outstanding certificates. 4. Delegation of powers to the Board of Directors to carry out the Sukuk Programme and the Offer. 5. Delegation of powers to the Chief Executive Officer to execute necessary procedures for the Sukuk Programme and the Offer. 6. Discussion of any other matters as per Article 207 of the Commercial Companies Law. The meeting will be held via video conferencing, and shareholders are invited to attend.

The Abu Dhabi Securities Exchange's Market Operations Surveillance Department received a notification regarding the Eighth Board Meeting of the year 2024 for Abu Dhabi National Company for Building Materials (BILDCO). The meeting is scheduled for Friday, September 13, 2024, at 14:00 PM. The agenda includes approving the minutes of the previous Board meeting (No. 7 for 2024), following up on the implementation of the company’s business plan, and addressing any other matters.

On September 10, 2024, Dana Gas announced that Pearl Petroleum Co. Ltd has initiated arbitration proceedings against Enerflex, the EPC contractor for the KM 250 project, following performance issues. Pearl Petroleum terminated the contract with Enerflex on August 19, 2024, and the termination took effect on September 9, 2024. The arbitration seeks to recover costs and damages due to Enerflex's defective performance. Pearl Petroleum is committed to completing the project and safeguarding stakeholder interests, with Dana Gas promising to update the market on the new expected completion date.

On 9 September 2024, the Board of Directors of the National Central Cooling Company (PJSC) held a meeting to discuss the company's business and operations. This meeting was conducted in accordance with Articles 36/7 and 36/11 of the Disclosure and Transparency Regulations number 3 of 2000, as amended. The notification was addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market in Dubai. The letter was signed by Sean Magee, Board Secretary.