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The Dubai Financial Market announced that a new series of equity futures contracts for January 2025 will be available for trading starting October 10, 2024. The contracts, which cover various securities, will be listed on October 10, 2024, and will be de-listed on January 16, 2025. The announcement and further details can be found on the Dubai Financial Market's website. The information in the announcement is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.
London Square, a company owned by Aldar, has launched two new residential developments, Twickenham Green and Twickenham Square, in the highly desirable area of Richmond Upon Thames, Southwest London. This marks the first residential projects by London Square since Aldar acquired the developer last year. The developments offer UAE investors a chance to enter the UK housing market through a reputable London-based developer. Aldar has expanded London Square's landbank by adding eight new sites in prominent London areas, aiming to unlock growth opportunities. The Twickenham area is known for its quality lifestyle, with green spaces, excellent schools, and convenient transport links. The new homes feature modern designs, including two, three, and four-bedroom mews-style houses and apartments with waterfront views and landscaped spaces. Prices for these homes start at £835,000.
The Abu Dhabi Securities Exchange received a notification that NMDC Group PJSC has been awarded a new project. The project, valued at AED 5,050,000,000, involves marine dredging, reclamation, and ground improvement works for Modon Company in Abu Dhabi. The information was also shared with the Securities and Commodities Authority.
Manazel PJSC is exploring new investment opportunities in collaboration with the Ministry of Housing in Muscat. A meeting was held between H.E. Mohammed Al Qubaisi, Chairman of Manazel L.L.C., and H.E. Hisham Al Zubaidi, Advisor to the Minister for Commercial Affairs and Real Estate Development, along with other officials. The discussion focused on identifying investment opportunities to support Manazel's external projects, such as those in Salalah, Jabal Al Akhdar, and central Muscat.
The UAE Pro League, in partnership with MBME Group, has launched an AI-powered digital platform aimed at transforming engagement in football. This platform offers advanced features to personalize fan experiences, enhance club operations, and streamline management processes. Key components include Digital FanGate for tailored fan interactions, ProWare for digital content and educational resources, ProFlow for club management and analytics, and advanced payment solutions. Additionally, the platform includes e-commerce capabilities for club merchandise and tickets. This initiative aligns with the Pro League's strategy to integrate AI and digital advancements in football by 2030.
ADNOC Logistics and Services (ADNOC L&S) announced a cash dividend of $136.5 million for the first half of 2024, equating to 6.78 fils per share. The company plans to distribute a total of $273 million in dividends for the full year, marking a 5% increase from the 2023 annualized dividend. The interim dividend record date is set for October 17, 2024. ADNOC L&S is committed to providing attractive shareholder returns and continues to focus on growth and value through strategic investments. The dividend aligns with the company's policy of a progressive annual increase of at least 5% per share over the medium term.
The Board of Directors of ADNOC Logistics & Services plc approved a written resolution on 7 October 2024 to distribute interim cash dividends to shareholders for the first half of the financial year 2024. The total dividend amount is USD 136.5 million, equivalent to AED 501.29 million, or approximately 6.78 fils per share. The last entitlement date for the dividends is 15 October 2024, the ex-dividend date is 16 October 2024, and the shareholders' registry will close on 17 October 2024. Payments will be made within 30 days from 7 October 2024.