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On September 10, 2024, Dana Gas announced that Pearl Petroleum Co. Ltd has initiated arbitration proceedings against Enerflex, the EPC contractor for the KM 250 project, following performance issues. Pearl Petroleum terminated the contract with Enerflex on August 19, 2024, and the termination took effect on September 9, 2024. The arbitration seeks to recover costs and damages due to Enerflex's defective performance. Pearl Petroleum is committed to completing the project and safeguarding stakeholder interests, with Dana Gas promising to update the market on the new expected completion date.

On 9 September 2024, the Board of Directors of the National Central Cooling Company (PJSC) held a meeting to discuss the company's business and operations. This meeting was conducted in accordance with Articles 36/7 and 36/11 of the Disclosure and Transparency Regulations number 3 of 2000, as amended. The notification was addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market in Dubai. The letter was signed by Sean Magee, Board Secretary.

Mashreqbank PSC, headquartered in Dubai, UAE, has announced a change in the timing of its Board of Directors meeting. The meeting is now scheduled for Wednesday, 11th September 2024, at 9:00 am. The agenda includes reviewing the minutes from the previous meeting held on 25th July 2024, discussing normal business activities, and addressing any other business matters. This information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.

Investcorp Capital plc, a provider of capital and capital financing services in the alternative investments space listed on the Abu Dhabi Securities Exchange, announced its fiscal year 2024 results. The company achieved a net profit of $105 million and approved $115 million in dividends, with $60 million already paid, representing a 13% annualized return for public shareholders. Gross operating income was $132 million against $8 million in total operating expenses, resulting in an income to expense ratio of 16.5x. EBITDA grew by 10% to $117 million. Cash-yielding assets under the Capital Deployment segment delivered a 13% return on investment. The Capital Financing Services business deployed $883 million across asset classes, delivering a 9% return on investment, surpassing the target of 8%. The company maintains a solid balance sheet with a diversified portfolio, 70% of which is invested in cash-generating assets. In March 2024, Investcorp Capital closed an $800 million revolving credit facility at a lower cost of capital. Additionally, the company expanded its asset classes to include infrastructure.

Investcorp Capital PLC, previously known as Investcorp Capital Limited, has released its consolidated financial statements for the fiscal year ending June 30, 2024.