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Al Salam Bank is participating in Youth City 2030 by hosting a training program aimed at young participants aged 9 to 14. The initiative focuses on enhancing financial literacy, budget management, and savings skills among youth. An employee from the bank will conduct the training, covering topics such as the bank's products and services, digital financial tools, and an overview of branch operations. The program also includes a segment on entrepreneurship and the banking industry. Mr. Mohammed Buhijji, Head of Retail Banking, expressed pride in contributing to the national initiative and emphasized the importance of educating youth on financial and business matters.

Al Salam Bank B.S.C. has announced that its Board of Directors approved the Interim Condensed Consolidated Financial Statements for the period ending June 30, 2024. This announcement was made to both the Bahrain Bourse and the Dubai Financial Market. The statement was signed by Ali Yusuf Al Khaja, the Head of Compliance and MLRO, and includes the company's seal.

The Chief Executive of the Abu Dhabi Securities Exchange (ADX) issued Resolution No. 474, ordering the suspension of trading for The National Investor PRJSC shares starting from August 15, 2024, until further notice. This decision is in accordance with Articles 10/11 and 38 of the ADX Listing and Disclosure Rules. All ADX departments are instructed to implement this resolution as per their respective functions, and the resolution will be communicated to the relevant company and brokers, becoming effective from the date of issuance, August 13, 2024. The resolution was signed by Abdulla Salem ALNuaimi, the Chief Executive Officer.

The letter, dated August 13, 2024, is addressed to the Disclosures & Compliance Section of the Abu Dhabi Securities Exchange and the Securities and Commodities Authority. It informs them about the approval of a capital reduction for The National Investor PrJSC from AED 285,000,000 to AED 235,000,000, with the AED 50,000,000 reduction amount being returned to shareholders. This decision was made during the company's general assembly on July 12, 2024. The company published a 30-day notice to creditors and received no objections. To complete the legal procedures and obtain approval from the Ministry of Economy, the company needs to amend the Effective Date to August 16, 2024, and the Payment Date to August 26, 2024. The letter is signed by Rami Hurieh, the Managing Director.

The text is about a review report and condensed interim financial information for Abu Dhabi National Takaful Company P.S.C. for the six-month period ending on 30 June 2024.

Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has commenced construction of a new district cooling plant in Dubai’s Deira district. The plant, with a capacity of 39,000 refrigeration tons (RT), will serve over 46 buildings within the Deira Waterfront development, part of the Deira Enrichment Project aimed at transforming the district with residential communities, commercial spaces, and offices while preserving its heritage. The plant will incorporate advanced technologies like Thermal Energy Storage (TES) and Treated Sewage Effluent (TSE) to optimize energy usage and conserve water. Construction is progressing on schedule, with completion in two phases. The first phase, with a capacity of approximately 20,000 RT, is expected to be operational by June 2025. Empower, holding over 80% of the Dubai district cooling market, plans to continue significant investments to expand its operations in Dubai. This includes upgrading facilities and staff to meet growing demand. CEO Ahmad bin Shafar emphasized the company's commitment to providing reliable, high-quality district cooling services and expanding its infrastructure and customer base, aiming to reach around 140,000 customers by year-end.

Resolution No. (473) of 2024, issued on August 13, 2024, temporarily suspends trading of Hayah Insurance Company P.J.S.C shares on ADX due to the company's failure to submit its financial statement. The suspension will remain in effect until further notice. The resolution mandates all heads of departments in ADX to implement this decision and requires the resolution to be communicated to the SCA, the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person.

Resolution No. 472 of 2024 concerns the temporary suspension of trading on the shares of FOODCO NATIONAL FOODSTUFF PrJSC. The decision was made because the company did not submit its financial statement. Trading will be suspended starting August 13, 2024, 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 13, 2024.