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Multiply Group PJSC has issued a notice regarding the misuse of its company name, employee names, and logo by scammers who promote fraudulent investment opportunities online. These scammers may ask for personal and financial information, claiming it is for paying tender fees or investing in Multiply. Multiply emphasizes that it will never request such information or payments through email or other communication channels. Individuals are advised to be cautious and verify the legitimacy of any requests, ensuring communications come from the official "@multiply.ae" domain. Multiply does not solicit personal information or payments from the public for investments or tenders. For updates and protection against scams, individuals are encouraged to visit Multiply's official website and check the News and Disclosures section on the ADX website.

HAYAH Insurance Company P.J.S.C., located in Abu Dhabi, UAE, is a Public Joint Stock Company with a paid-up capital of AED 200 million, registered at the Central Bank of the UAE since 2008. On October 9, 2024, the company's Board of Directors held a meeting from 11:00 AM to 2:25 PM, with all nine board members present, achieving full quorum. The board discussed recent business and administrative developments. Mohamed Seghir, the Chief Executive Officer, is the authorized signatory for the meeting's resolutions.

Ooredoo successfully raised USD 500 million through an oversubscribed 10-year bond issuance with an annual coupon rate of 4.625%, maturing in October 2034. The bond achieved a spread of 88 basis points over 10-year U.S. Treasuries, marking the tightest spread in Ooredoo's history and one of the lowest for a global telecommunications company since 2020. The issuance was 3.6 times oversubscribed, attracting a diverse group of investors from the U.S., U.K., Europe, Asia, and the MENA region. The proceeds will be used for general corporate purposes, including refinancing existing debt. The bonds are rated A2 by Moody's and A by S&P. Ooredoo's Group CEO, Aziz Aluthman Fakhroo, highlighted the strong investor confidence in the company's strategy and financial performance. The issuance was coordinated by Citigroup, J.P. Morgan, and HSBC.

Multiply Group PJSC has issued a notice regarding the misuse of its company name, employee names, and logo by scammers promoting fraudulent investment opportunities and tenders online. These scammers may request personal, business, and financial information, including credit card and bank details, under the guise of paying tender fees or investing in Multiply. Multiply emphasizes that it will never request such information or payments through email, mail, or any other means. Individuals are advised to exercise caution and verify the legitimacy of any requests before making payments. Official communications from Multiply will only come from the "@multiply.ae" domain. To stay informed and protect against scams, individuals are encouraged to visit Multiply's official website and the News and Disclosures section on the ADX website.

The Dubai Financial Market (DFM) has announced the margin parameters for various futures contracts effective from October 9, 2024. These parameters include the base margin percentage, currency, base margin per contract, and spread margin per contract for different underlying symbols such as AIRARABIA, AlANSARI, ARMX, DEWA, and others. The margin percentages range from 5% to 17%, with margins specified in AED or USD depending on the contract. Detailed guidelines on margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the DFM website, and it is noted that the information may change. It is emphasized that this document does not replace the official DFM Regulated Derivative Contract Trading Regulation, which takes precedence in case of any discrepancies.

Sukoon Insurance PJSC, based in Dubai, UAE, has announced that its Board of Directors will pass a resolution by circulation on Thursday, October 10, 2024, at 10:00 am. The agenda includes approving the sale of certain company-owned lands and authorizing the CEO and/or CFO to negotiate and execute all necessary documents. This notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy is sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi.