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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Al Dar Properties

Disclosures: ALDAR LAUNCHES YAS RIVA: A LUXURY CANAL-FRONT VILLA COMMUNITY ON YAS ISLAND

Aldar Properties has announced the launch of Yas Riva, a luxury villa community on Yas Island, Abu Dhabi, set to be available from September 13, 2024. Yas Riva will feature 151 four, five, and six-bedroom villas, both canal-front and canal-accessible, offering a lifestyle of ease and elegance in a tranquil waterfront setting. The canal-front homes will include private docks, allowing residents to explore the waterways by boat. The community is designed with sleek and elegant principles, providing access to world-class attractions and thoughtfully landscaped gardens and parks. The villas will be available to buyers of all nationalities.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From AGTHIA Group

Disclosures: AGTHIA Group PJSC- Reminder Disclosure for the General Assembly Meeting on 12-09-2024 at 11:00 am

Agthia Group PJSC has announced that its General Assembly Meeting will take place on Thursday, 12 September 2024, at 11:00 AM. Shareholders can attend the meeting either physically or virtually. To participate, shareholders need to complete registration via the provided link: www.smartagm.ae. The announcement was made by Mehreen Mahmood Awan, the Company Secretary. A copy of this notice has been sent to the Securities and Commodities Authority (SCA) in Abu Dhabi, UAE.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From AL KHALEEJ Investment

Disclosures: AL KHALEEJ Investment -Rising Price Of “Kico” Shares

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Fujairah Cement Industries

Disclosures: Fujairah Cement Industries - Accumulated Losses Recovery Plan

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From BURJEEL HOLDINGS PLC

Disclosures: BURJEEL HOLDINGS PLC General Press Release

Burjeel Holdings PLC, a leading healthcare services provider in MENA, has received a provisional "AAA" ESG rating from MSCI, placing it among the top 6% of global healthcare leaders in environmental, social, and governance performance. This rating highlights Burjeel’s effective management of ESG-related risks and opportunities, including reducing environmental impact, ensuring safety and quality in healthcare services, strong labor management, and robust privacy and data protection measures. The recognition aligns with the UAE's vision for sustainable socioeconomic development. Burjeel's new long-term ESG strategy focuses on promoting well-being, sustainability, and carbon neutrality by 2040. The Group has already achieved significant milestones, including awards for diversity, inclusion, and sustainable practices.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Abu Dhabi National Energy Company

Disclosures: TAQA Completes Acquisition of SWS Holding

Abu Dhabi National Energy Company (TAQA) has completed its acquisition of Sustainable Water Solutions Holding Company (SWS Holding) for AED 1.7 billion. This acquisition includes Abu Dhabi Sustainable Water Solutions Company (ADSWS), which is responsible for wastewater collection, treatment, and recycled water production in Abu Dhabi. The integration of SWS Holding enhances TAQA’s capabilities in water management and adds significant asset value, contributing to predictable cash flow and earnings. SWS Holding aims to expand internationally, with recent agreements to develop a wastewater treatment plant in Tashkent, Uzbekistan. TAQA’s CEO, Jasim Husain Thabet, highlighted the acquisition’s alignment with TAQA’s net zero strategy and its potential to optimize water production, use, and reuse.

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Dubai Financial Market News

Dubai Financial Market News

News Update From International Financial Advisors K.S.C.C.

Disclosure: Results of BOD Meeting

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Dubai Financial Market News

Dubai Financial Market News

News Update From National International Holding Company

Disclosure: Notification from the company

National International Holding Co. K.P.S.C. (NIH) has informed Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, that they have sold treasury shares. The details of the sale are included in an attached disclosure. The communication is signed by Mamdouh A. EL Sherbiny, CEO and Board Member of NIH. The company, established in 1979, is headquartered in Kuwait.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Press release - Nasdaq Dubai Lists USD 400 Million Bonds from Agricultural Bank of China

Nasdaq Dubai has listed USD 400 million Floating Rate Notes issued by the Agricultural Bank of China (DIFC Branch), due in 2027. This is the bank's second bond listing on Nasdaq Dubai, reflecting deepening economic ties between China and the UAE. The issuance is part of a USD 15 billion Medium Term Note Programme and enhances Nasdaq Dubai’s fixed income portfolio, which now totals USD 135 billion in outstanding listings. The listing was celebrated with a bell-ringing ceremony attended by notable officials including H.E. Ou Boqian, Consul General of China in Dubai, and Hamed Ali, CEO of Nasdaq Dubai and DFM. The Agricultural Bank of China has been strategically expanding in the UAE to support projects aligned with the Belt and Road Initiative, contributing to sectors like solar power, seawater desalination, and clean energy. The new bond issuance is expected to boost financial and business cooperation in the Middle East and North Africa region.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Emirates Central Cooling Systems Corporation PJSC

Disclosure: Press release

Emirates Central Cooling Systems Corporation PJSC (Empower) reported a 41% increase in new customer registrations via electronic platforms over the past five years and issued nearly 20,000 No Objection Certificates (NOCs) in the first half of this year. Additionally, there was an 11% rise in bill payments through electronic channels in the same period. Empower noted a 21% increase in the issuance of NOCs, which enhance business efficiency and productivity. CEO HE Ahmad Bin Shafar highlighted that these achievements reflect the company's commitment to sustainable growth and alignment with Dubai's technological advancements and national strategies. Empower's customer base grew to over 138,000 in the first half of the year.

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