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Watania International Holding (DFM: WATANIA) has appointed Al Ramz Capital LLC as its liquidity provider, effective August 15, 2024, following regulatory approvals. Al Ramz, a licensed market maker with over 25 years of experience in UAE capital markets, will manage the independent trading of Watania's shares to optimize trading conditions, reduce price volatility, and enhance trading volumes. Watania's CEO, Gautam Datta, emphasized that the appointment aligns with the company's strategy to boost market positioning and investor confidence. Al Ramz's CEO, Karim Schoeib, highlighted their commitment to maintaining high standards of governance and transparency while facilitating optimal trading conditions. Al Ramz is known for its market-making services across various UAE exchanges, including the Abu Dhabi Securities Exchange, Dubai Financial Markets, and Nasdaq Dubai.
Resolution No. (475) of 2024 announces the temporary suspension of trading on the shares of ESHRAQ INVESTMENTS P.J.S.C. due to the company's failure to submit their financial statement. The suspension will commence on August 14, 2024, and will remain in effect until further notice. The resolution mandates all heads of departments in ADX to execute this decision within their respective fields and requires the resolution to be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on August 14, 2024.
HAYAH Insurance Company P.J.S.C. has released its condensed interim financial information as of 30 June 2024. The company's principal business address is P.O. Box 63323, Abu Dhabi, UAE.
Sharjah Cement and Industrial Development Co. (PJSC) and its subsidiary have released their unaudited interim condensed consolidated financial statements for the period ending 30 June 2024.
Al Dhafra Insurance Company P.S.C. has released its unaudited condensed interim financial information for the six-month period ending on June 30, 2024.