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The Chimera S&P UAE UCITS ETF - Accumulating is an exchange-traded fund (ETF) managed by Lunate Capital LLC. It aims to closely track the performance of the S&P Saudi Arabia Shariah Liquid 35/20 Capped Index. The fund, denominated in Saudi Riyal (SAR), was launched on January 17, 2022, and offers access to Saudi Arabian equity markets. It distributes dividends semiannually and has a total expense ratio of 1.00%. The fund's net asset value (NAV) is AED 3.392, with assets under management (AUM) totaling AED 103.46 million. The ETF holds 30 stocks, with the largest sector allocations in Financials (40.8%) and Materials (17.2%). Key holdings include Al Rajhi Banking & Investment Corporation and Saudi Arabian Oil Co. The fund's performance since inception shows a -7.62% return, compared to the benchmark's -7.29%. The ETF trades on the Abu Dhabi Securities Exchange under the ticker CHSASHIN.

The Chimera S&P Kuwait Shariah ETF - Income (CHKWSHIN) is an exchange-traded fund aiming to closely track the performance of the S&P Kuwait Shariah Liquid 35/20 Capped Index. It offers access to Kuwait's equity markets and distributes dividends semiannually. Key details include its inception date of February 21, 2022, a total expense ratio of 1.00%, and a distribution yield of 3.62%. The fund is domiciled in the UAE and managed by Lunate Capital LLC. As of the latest data, it holds assets worth AED 24.02 million, with a NAV of AED 3.002 and 8 million shares outstanding. The fund's performance since inception shows a -16.99% return, compared to the benchmark's -16.88%. The ETF is traded on the Abu Dhabi Securities Exchange under the ticker CHKWSHIN. Its sector allocation is predominantly in financials (53.7%), followed by communication services (15.2%), and real estate (14.2%). The top holdings include Kuwait Finance House KSCP (32.99%) and Mobile Telecommunications Company KSCP (15.27%).

The Chimera S&P UAE Shariah ETF - Accumulating (CHAESH) is an exchange-traded fund that tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. It provides a single access point to UAE equity markets, with dividends reinvested. Key details include: - Asset Class: Equity - Fund Base Currency: AED - Inception Date: 20th July 2020 - Total Expense Ratio: 1.00% - Dividend Treatment: Accumulating - Management Company: Lunate Capital LLC - Number of Holdings: 30 - NAV: AED 6.575 - AUM: AED 113.41 million - Performance: Since inception, the ETF has returned 79.14%. Top sector allocations include Real Estate (25.1%) and Communication Services (17.4%). Major holdings are Emirates Telecommunications Group (17.40%) and Emaar Properties (15.77%). The ETF is traded on the Abu Dhabi Securities Exchange with the ticker CHAESH.

The Chimera S&P UAE UCITS ETF - Income (CHAEIN) is an exchange-traded fund aimed at closely tracking the performance of the S&P UAE BMI Liquid Capped 20/35 Index. It provides access to UAE equity markets and distributes dividends semiannually. Key details include its inception date on February 23, 2021, a base and trading currency in AED, and a total expense ratio of 1.00%. The fund, domiciled in Ireland, follows a physical replicating methodology and rebalances quarterly. Managed by Fundrock Management Co and Lunate Capital Limited, it has a net asset value of AED 4.152 and assets under management of AED 116.27 million. The ETF holds 30 securities with a distribution yield of 3.14%. Its top holdings are Emirates Telecommunications Group, First Abu Dhabi Bank, and Emaar Properties. The fund's performance since inception is 13.14%, with recent performance showing a slight decline. It is traded on the Abu Dhabi Securities Exchange under the ticker CHAEIN. Sector allocations include financials, real estate, and communication services.

Presight, a leading company in big data analytics powered by generative AI, has announced a strategic partnership with Wand AI, a US-based company specializing in intelligent human-AI collaboration. This partnership aims to bring innovative AI solutions to multiple sectors.

ADNOC Logistics & Services Plc has signed shipbuilding contracts worth up to $2.5 billion with South Korean shipyards Samsung Heavy Industries and Hanwha Ocean for the construction of 8 to 10 Liquified Natural Gas (LNG) carriers. These vessels, to be delivered starting in 2028, will be time chartered for 20 years to ADNOC Group subsidiaries. This investment is part of ADNOC L&S's strategy to expand its fleet and has committed over 50% of its $5 billion medium-term investment target one year after its IPO. The new carriers will increase the company's LNG fleet from 14 to at least 22 vessels.

On January 7, 2024, First Abu Dhabi Bank (FAB) announced the departure of Chief Risk Officer Pradeep Rana due to personal reasons. Subramaniyan Iyer, the Deputy Chief Risk Officer, has been appointed as the Acting Chief Risk Officer effective June 28, 2024. The Board of Directors and leadership of FAB expressed their gratitude to Mr. Rana for his contributions during his four-year tenure. A permanent successor for the Chief Risk Officer role will be announced soon. In the interim, Mr. Iyer will collaborate with the executive team to uphold the bank's strong risk management culture. For media inquiries, contact FAB Communications at prandmedia@bankfab.com and fabteam@webershandwick.com. For investor-related inquiries, contact FAB Investor Relations at IR@bankfab.com.

Yahsat, the UAE's leading satellite solutions provider, has chosen SpaceX to launch its new geostationary satellites, Al Yah 4 and Al Yah 5, using the Falcon 9 rocket in 2027 and 2028. This selection is part of a satellite procurement program valued at AED 3.9 billion (USD 1.1 billion), which includes spacecraft, ground infrastructure, launch, and insurance. The announcement follows a contract with Airbus to design and build the satellites, as part of an AED 18.7 billion (USD 5.1 billion) mandate from the UAE Government for satellite communications and services over 17 years. The new satellites will provide secure governmental communications across the Middle East, Africa, Europe, and Asia, replacing the older Al Yah 1 and Al Yah 2 satellites. Yahsat is publicly listed on the Abu Dhabi Securities Exchange and operates in over 150 countries.

Abu Dhabi Ship Building PJSC has announced that its Board of Directors meeting No. 2 of 2024 will be held on Tuesday, 02 July at 10 am at the company headquarters. The agenda includes the approval of the previous meeting's minutes, the company budget for 2024-2028, and company policies and procedures.

HAYAH Insurance Company P.J.S.C., located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE, is a Public Joint Stock Company with a paid-up capital of AED 200 million. It is registered at the Central Bank of the UAE under registration no. 83 dated 16/09/2008. On June 28, 2024, the company's Board of Directors held a meeting at 11:00 AM. The agenda of the Annual General Assembly was discussed and approved, with the meeting date determined. The company will announce the AGM agenda after obtaining approval from relevant authorities. Additionally, the Board discussed administrative and operational issues related to the company's activities. The meeting was authorized by Mohamed Seghir, the Chief Executive Officer, and the results were disclosed officially.