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Al Ramz Capital LLC has been appointed as a liquidity provider for Bank of Sharjah, a financial institution listed on the Abu Dhabi Securities Exchange. The appointment will allow Al Ramz to begin independent trading of Bank of Sharjah shares from November 21, 2024, following regulatory approvals. The role of a liquidity provider is to optimize share trading by improving the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Al Ramz, with over 25 years of experience in UAE capital markets, is a licensed market maker on both the Dubai Financial Market and Abu Dhabi Securities Exchange. The CEO of Al Ramz, Karim Schoeib, expressed his delight at the appointment, emphasizing their commitment to maintaining high standards of governance and transparency. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering services such as asset management, corporate finance, brokerage, and financial research.
The text is a formal communication addressed to H.E. Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, both located in the UAE. It concerns the results of a board meeting of the National Central Cooling Company (PJSC), also known as "Tabreed," held on November 19, 2024. The meeting focused on discussing the company's business and operational matters. The letter references specific articles of the Disclosure and Transparency Regulations and is signed by Sean Magee, the Board Secretary.
Al Salam Bank has introduced an exclusive offer for the Jewellery Arabia 2024 exhibition, allowing clients to win back purchases up to BD 5,000 and daily cash prizes. The campaign, running from November 26 to 30, 2024, offers cash prizes based on spending levels using Al Salam Bank's credit or prepaid cards. Clients spending between BD 200 and BD 5,000 can win varying prizes, with higher spending increasing the chance of winning up to BD 5,000. Additionally, the first 10 clients daily can win BD 100 by visiting the bank's booth and showing receipts for purchases of at least BD 200. Cardholders will also benefit from exclusive offers, a temporary credit limit increase, a "Buy Now, Pay Later" feature, and a dedicated entry line at the event. Mr. Mohammed Buhijji, Head of Retail Banking, emphasized the bank's aim to enhance client experience through this campaign. More details are available on Al Salam Bank's website or via WhatsApp.
Response Plus Medical has stationed an ambulance at New York University Abu Dhabi to improve emergency access for students. This initiative, located on Saadiyat Island, aims to provide timely and convenient emergency medical support as part of the company's commitment to high-quality services in the UAE. Key officials from NYU Abu Dhabi and Response Plus Medical were involved in the announcement.