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SHUAA Capital has reached an amicable settlement with a key creditor, marking a significant step in its capital optimization efforts. The company plans to finalize additional agreements soon, in preparation for issuing mandatory convertible bonds as part of its transformation strategy. SHUAA Capital values the support of its stakeholders and is committed to transparent communication to enhance long-term value creation.

Nasdaq Dubai has announced the listing of three Sukuk issuances by the Republic of Indonesia, totaling USD 2.75 billion. This development enhances Indonesia's prominence as a major Sukuk issuer on the exchange, with its total listed Sukuk reaching USD 24.6 billion. The listings are part of Indonesia's USD 45 billion Trust Certificate Issuance Programme, marking the fourth time in 2024 that Indonesia has accessed the USD debt capital market. The new Sukuk tranches include USD 1.1 billion due in 2030, USD 900 million due in 2034, and USD 750 million due in 2054. These listings contribute to Dubai's status as the global leader for Sukuk listings, with a total of USD 98.9 billion. The occasion was marked by a market opening ceremony attended by Indonesian and Nasdaq Dubai officials. The Indonesian Ambassador to the UAE highlighted the significance of these issuances, noting strong investor interest and confidence in Indonesia's economic fundamentals.

Mashreq Bank PJSC held a Board of Directors meeting on December 12, 2024, at 11:00 am. The meeting covered and approved the following agenda items: the minutes from the previous meeting on October 29, 2024, the scheduling of the Annual General Meeting for February 27, 2025, pending necessary approvals, and various other topics related to the bank's business and activities. The communication was signed by Shaima Al Obeidli, the Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.