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Resolution No. (449) of 2024 mandates the temporary suspension of trading in AL KHALEEJ Investment shares on the Abu Dhabi Securities Exchange (ADX) starting from 12:00 on August 5, 2024. This suspension coincides with the AL KHALEEJ Investment Board of Directors meeting scheduled at the same time. Trading will resume once ADX receives the meeting results. The resolution requires all ADX department heads to implement this decision and to notify the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on August 5, 2024.

On August 2, 2024, the Board of Directors of Drake & Scull International PJSC held their seventh meeting of the year at 3:00 PM at the company's offices and via Zoom. The Board approved the minutes of the previous meeting, elected H.H. Shaikh Theyab bin Tahnoon Bin Mohammad Al-Nahyan as Chairman, and ENG. Abdulla Atatreh as Vice-Chairman. Additionally, the Board appointed the Chairman and members of the subsidiary committees.

On 2 August 2024, the Board of Directors of ADNOC Drilling Company PJSC held a meeting via video conference at 3:00 p.m. During the meeting, the Board approved the company's financial statements for the second quarter of the 2024 financial year. Additionally, the Board approved the distribution of interim cash dividends to shareholders for the first half of 2024, totaling USD 394,143,750 (equivalent to AED 1,447,492,922), which translates to approximately 9.0468 fils per share. Key dates include the last day to purchase shares on 8 August 2024, the ex-dividend date on 9 August 2024, the shareholders’ registry closing date on 12 August 2024, and the payment date within 30 days from 2 August 2024. All parties have agreed to sign the document electronically.

On August 4, 2024, a notice was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, informing him of an upcoming board meeting for Agility Public Warehousing Company K.S.C.P. The meeting is scheduled for Wednesday, August 14, 2024, at 1:00 PM (Kuwait Time). The agenda includes discussing the Interim Financial Statement for the period ending June 30, 2024, and considering amendments to the Articles of Association, among other items. The notice was signed by the Vice Chairman & CEO of Agility Public Warehousing Company.

The Abu Dhabi Securities Exchange's Market Operations & Surveillance division has been informed that the Board of Directors of the National Marine Dredging Company PJSC will issue a resolution by circulation at 6pm on Thursday, 8 August 2024. The resolution will consider offering a portion of NMDC Energy PJSC’s shares (formerly known as National Petroleum Construction Company NPCC) for public subscription. This communication is signed by Yasser Nassr Zaghloul, Group Chief Executive Officer, and a copy has been sent to the Securities and Commodities Authority (SCA).

On 5 August 2024, the Board of Directors of Presight AI Holding PLC issued written resolutions by circulation. The resolutions included the approval of the company’s financial statements for the six-month period ending on 30 June 2024, the appointment of Mr. Charles Thomas Kelly as Secretary of the Board, and other general business matters. This notification was addressed to the Market Operations and Surveillance Department of the Abu Dhabi Securities Exchange and copied to the Securities and Commodities Authority. The communication was signed by Mr. Thana Pramotedham, the Chief Executive Officer.

International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, has announced the formation of Rorix Holdings, a global finance and trade facilitation company. Rorix Holdings will focus on financial services, trade finance, advisory, commodities, and trade insurance sectors. This initiative aims to foster economic development by providing access to new markets for local, regional, and global businesses through the UAE. The company will leverage advanced technologies and trade solutions to support businesses of all sizes, aligning with the UAE’s Comprehensive Economic Partnership Agreement (CEPA) strategy. Rorix Holdings will also form strategic partnerships with both UAE and international stakeholders to enhance trade and economic growth.

Palms Sports, a leading sports management company and the largest provider of Jiu-Jitsu training, has renewed a two-year government contract worth AED 49.5 million. This renewal continues a successful partnership that began in 2015, aimed at enhancing national capabilities through sports. The company offers specialized training in Jiu-Jitsu and self-defense, led by 60 highly skilled coaches. The renewed contract underscores Palms Sports' commitment to excellence and its strong relationship with the government sector. CEO Fouad Darwish expressed pride in the partnership, emphasizing the company's dedication to fostering innovation and professionalism in sports. Palms Sports aims to drive growth and build a thriving sports ecosystem, solidifying its position as a leader in the industry.