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GFH Financial Group B.S.C. announced that a Board of Directors meeting is scheduled for Thursday, November 7, 2024, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the third quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

E7 Group has partnered with SAP to implement a unified cloud-based Enterprise Resource Planning (ERP) solution, enhancing its digital infrastructure and improving key business functions. This partnership, following a rigorous evaluation process, is part of E7's growth strategy aimed at improving customer experience and operational efficiency. SAP's solutions will centralize and automate processes, providing real-time data, increased resilience, and future-proof capabilities. This collaboration supports E7's goal to expand globally and boost competitiveness by enhancing digital capabilities. The implementation will be managed by NTT DATA Business Solutions. E7 Group, established in 2006 in Abu Dhabi, operates in security solutions, commercial printing, distribution, and sustainable packaging.

On 24 September 2024, the Abu Dhabi Securities Exchange received a notification from Fertiglobe plc regarding a resolution passed by the company's Board of Directors on 23 September 2024. The resolution, issued at 6:00 PM, includes approval to call for a General Assembly meeting to consider amending the company's Articles of Association and electing a new Board of Directors. The General Assembly meeting will be scheduled two weeks after obtaining necessary regulatory approvals related to ADNOC’s acquisition of OCI’s majority shareholding in Fertiglobe, as announced on 15 December 2023.

Abu Dhabi Future Energy Company PJSC (Masdar), in which Abu Dhabi National Energy Company PJSC (TAQA) holds a 43% share, has signed definitive agreements with Brookfield Renewable and its institutional partners to acquire a 100% stake in Saeta Yield. The deal is valued at approximately AED 4.8 billion (€1.2 billion) with an additional investment of AED 2.8 billion (€696 million). The acquisition includes an operating and regulated portfolio of about 745 MW of onshore wind and solar assets, along with a development pipeline of approximately 1.6 GW across Spain and Portugal. The transaction is expected to close by the end of 2024, pending regulatory and customary approvals. For more information, please refer to Masdar’s full announcement on their website.

Axiom Space and Burjeel Holdings have signed a Memorandum of Understanding to conduct scientific research and test new technologies in space, focusing on how the human body reacts in microgravity. The collaboration aims to expand access to microgravity for medical advancements. The announcement was made at a signing ceremony in New York, attended by key executives from both organizations. As their first initiative, they plan to send a suite of medical capabilities to space, which will be used by Axiom Space astronauts during their training and the upcoming Axiom Mission 4 (Ax-4). This research will study the effects of microgravity on biomarkers, drug substance quality, and remote health services. The partnership is intended to benefit medical innovation and patient outcomes globally, aligning with the UAE's vision for space exploration.

Arcapita Group Holdings Limited and Dgpays Consortium have agreed to acquire a majority stake in NEOPAY, a fast-growing payment solutions provider in the UAE, from Mashreq, which will retain a significant minority interest. The deal values NEOPAY at approximately $385 million and is pending regulatory approval. This acquisition aims to bolster NEOPAY's growth in the Middle East's digital payments sector, leveraging Dgpays' technology. NEOPAY has seen significant growth, serving various sectors and benefiting from the UAE's economic landscape and digital transformation initiatives. Leaders from Arcapita, Dgpays, and Mashreq expressed optimism about NEOPAY's future expansion and market potential.

The Dubai Financial Market has issued an announcement regarding the expiry settlement prices for Micro GME Oman Crude Oil Futures contracts expiring in September 2024. The settlement price for the contract series code OMOIL X24 is 74.36 USD. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.