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Nasdaq Dubai has listed a USD 500 million Sukuk issued by Dubai Islamic Bank (DIB), marking the lowest yield of 5.25% for an emerging markets bank since April 2022. This additional Tier 1 Sukuk is dual listed on Nasdaq Dubai and Euronext Dublin and saw strong investor demand, reflecting confidence in DIB and the UAE's financial market. DIB, a frequent issuer, now has over USD 9 billion through 11 outstanding Sukuk listings on the exchange. The listing enhances Nasdaq Dubai's position as a global hub for Sukuk, with total outstanding Sukuk reaching USD 93 billion across 102 listings. The issuance attracted a diverse range of investors from Europe, Asia, and the Middle East. The listing was commemorated by a market-opening ceremony attended by Saeed Wajdi, Chief of Treasury at DIB, and Hamed Ali, CEO of Nasdaq Dubai and DFM. Dr. Adnan Chilwan, CEO of DIB, emphasized that the listing not only reaffirms market confidence in DIB but also endorses the UAE's economic resilience and ambitions.

The Management Discussion and Analysis Report for the third quarter of 2024, dated October 23, 2024, provides an overview of the company's financial performance and strategic developments during this period.

A meeting of the Board of Directors of Commercial Bank of Dubai P.S.C. took place on Wednesday, 23rd October 2024, at 9:00 a.m. During the meeting, the board approved the minutes from the previous meeting held on 19th September 2024, approved the bank’s financial statements for the third quarter of 2024, and discussed normal business activities. The meeting's details were also communicated to the Securities and Commodities Authority.

The document is the condensed consolidated interim financial statements of Commercial Bank of Dubai PSC for the nine-month period ending on September 30, 2024.

The Abu Dhabi Securities Exchange has issued a resolution to suspend the trading of Gulf Pharmaceutical Industries shares starting from October 23, 2024, until further notice. This decision is in accordance with Articles 10/11 and 38 of the ADX Listing and Disclosure Rules. All relevant departments and brokers are required to implement this resolution, which will be effective from the issuance date. The resolution was issued by Abdulla Salem ALNuaimi, the Chief Executive Officer of ADX.

Emirates Central Cooling Systems Corporation (Empower) and its subsidiary ELIPS have successfully renewed their ISO certifications for 2024. They were re-certified for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 after passing audits conducted by Bureau Veritas. Empower also upgraded to the ISO 27001:2022 standard for its Information Security Management System. This renewal highlights both companies' commitment to quality, environmental standards, and information security. H.E. Ahmad Bin Shafar, CEO of Empower and Chairman of ELIPS, emphasized their dedication to meeting customer needs and aligning with the UAE's vision for excellence and innovation.