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Shuaa Capital PSC, an investment company regulated by the Securities and Commodities Authority, held a Board of Directors meeting on December 27, 2024. During the meeting, the board approved the issuance of two tranches of convertible bonds. The first tranche involves issuing bonds up to a maximum value of 150 million AED, convertible into company shares at a rate of 0.32 AED per share, subject to regulatory and shareholder approvals. The second tranche involves issuing bonds up to a maximum value of 275.5 million AED, also convertible into company shares, pending necessary approvals.

On December 26, 2024, Watania International Holding (PJSC) held a Board of Directors meeting at 1:00 PM. During the meeting, the board approved the company's budget for the financial year 2025 and the procurement of Islamic credit facilities from Emirates NBD Bank. The board also discussed routine business matters. The meeting details were documented by Nawal Ma’ally, the Board Secretary.

The Dubai Financial Market (PJSC) is considering passing a Board of Directors' resolution by circulation on December 31, 2024. This resolution pertains to an internal matter of the company.