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The document is a notification addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, from Badreldin Eltahir Elmogadam, the General Counsel and Board of Directors’ Secretary. It informs that the ownership percentage of H.H Sheikh Humaid bin Rashid Al Nuaimi, the Ruler of Ajman, in the capital of Ajman Bank has increased from 10.4749% to 12.3108%.

The Dubai Financial Market (DFM) announced the expiry settlement prices for equity futures contracts set to expire in October 2024. The prices are provided for various contract series, each with a specific symbol, settlement price in AED, and a contract ID (ISIN). The announcement includes details for contracts such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The full announcement can be accessed on the DFM website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.

Aramex, a global logistics and transportation solutions provider, has formed a joint venture with ZK Holding, an investment company in Abu Dhabi, to enhance logistics and courier services in Iraq. This partnership aims to offer integrated services such as domestic and international courier, freight forwarding, and contract logistics, supporting both local and international businesses. By leveraging ZK Holding's extensive network of over 7,000 points of sale across Iraq, Aramex plans to expand its operations to more than 15 cities, facilitating smoother logistics. The joint venture is set to begin operations in the first quarter of 2025, targeting corporate and retail customers and aiming to unlock new trade lanes and markets. The collaboration comes as Iraq's e-commerce market is projected to grow significantly, and it seeks to create a robust logistics ecosystem to tap into this potential.

Resolution No. 483 of 2024 concerns the temporary suspension of trading for the shares of Commercial Bank International (CBI) on the Abu Dhabi Securities Exchange (ADX). This decision is in accordance with Article 16 of the ADX Listing Regulations. The suspension will occur because the CBI Board of Directors is scheduled to meet at 11:00 on October 24, 2024, which coincides with the trading session. Trading in CBI shares will be halted from 11:00 on that date until ADX receives the results of the meeting. The resolution requires all ADX department heads to implement this decision within their areas of responsibility. It will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all accredited brokers. The resolution has been approved by the authorized person and was issued on October 17, 2024.

The document is a notification regarding an acquisition deal involving Brooge Energy Limited. It references a Board of Directors meeting held on September 25, 2024, where the board approved the acquisition of companies and assets owned by Brooge Energy Limited. The board has recommended the deal for approval by the General Assembly. The company has submitted all necessary documents to the Securities and Commodities Authority (SCA), which is currently reviewing them to protect shareholders' rights. Shareholders and the market will be updated on any developments once the authority's approval is obtained for convening the general assembly. Shareholders are advised to rely only on official sources for information and to contact the Investor Relations Department for accurate details about the deal or the company's activities. The notification is signed by Nader Muqbel, the Investor Relations Director of Gulf Navigation Holding PJSC.

Emirates NBD Bank (P.J.S.C.) has released its group condensed consolidated interim financial statements for the nine-month period ending on September 30, 2024.

Emirates Islamic reported a record profit of AED 2.5 billion for the first nine months of 2024, marking a 52% year-over-year increase. The bank's income rose by 16% to AED 4.1 billion, driven by growth in funded and non-funded income and a 24% increase in customer financing. In the third quarter of 2024, profits rose by 92% to AED 835 million, with income up 16% to AED 1.4 billion. Key performance highlights include a 16% increase in total income, a 10% decrease in expenses, and a 31% improvement in operating profit. The bank maintains a strong capital and liquidity position, with total assets at AED 107 billion and customer deposits at AED 74 billion. The non-performing financing ratio stands at 4.9% with a coverage ratio of 135%.