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Salik Company PJSC, Dubai's exclusive toll gate operator, announced the financial valuation of two new toll gates at Business Bay and Al Safa South, totaling AED 2,734 million. These gates, expected to be operational by the end of November 2024, will expand Salik’s toll gate network from eight to ten, aiming to enhance traffic flow and reduce congestion in alignment with RTA's transportation strategy. Salik has revised its 2024 financial guidance upwards, projecting a 7-8% increase in annual revenue-generating trips due to the new gates and favorable economic conditions in Dubai. The new gates are part of Salik's strategy to provide sustainable and smart mobility solutions.

The Chief Executive of the Abu Dhabi Securities Exchange (ADX) has issued Resolution No. 478 to suspend the trading of The National Investor PRJSC shares effective from August 28, 2024, until further notice. This decision is made in accordance with Articles 10/11 and 38 of the ADX Listing and Disclosure Rules. All departments within ADX are required to implement this resolution as per their functions, and the resolution will be circulated to the respective company and brokers. The resolution takes effect from the date of issuance, August 28, 2024.

NMDC Group is set to list its wholly owned subsidiary, NMDC Energy, on the Abu Dhabi Securities Exchange (ADX) following an initial public offering (IPO) of 1.15 billion shares at AED 2.8 per share. The IPO aims to raise up to AED 3.22 billion and will run from 30 August 2024 to 4 September 2024, with the listing scheduled for 11 September 2024. First Abu Dhabi Bank PJSC is the lead manager, with other banks participating in the IPO. NMDC Energy, established in 1973 and formerly known as the National Petroleum Construction Company, provides engineering, procurement, and construction services in the energy sector, primarily operating in the UAE, Saudi Arabia, Kuwait, and Taiwan. The company has completed over 1,200 projects and owns significant stakes in various engineering firms.

The board meeting disclosure for Al Yah Satellite Communications Company PJSC is scheduled for 2 September 2024 at 4:00 pm (UAE local time). The agenda includes three main items: 1. Consideration of a proposal for the distribution of interim dividends for the first half of 2024. 2. Consideration of a proposal to hold an Extraordinary General Assembly Meeting (EGM) and approval of the EGM’s agenda. 3. Consideration of general business, operational, and strategic items that do not affect the company’s share price. The disclosure is authorized by Clint Irwin Fransquinho de Barros, the Board Secretary.

National International Holding Company (NIH) has received approval from the Capital Markets Authority (CMA) to buy or sell up to 10% of its treasury shares. This approval is valid for six months starting from August 27, 2024, and is subject to the availability of financial resources, in accordance with Law no. 7 of 2010 and its subsequent amendments. The company states that this action will have no impact on its financial position. The letter was signed by Mamdouh A. EL Sherbiny, CEO and Board Member of NIH.