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Tabreed, a leading district cooling company, recently concluded its participation in the third World Utilities Congress held at the Abu Dhabi National Exhibition Centre. The event, which has become a significant gathering for global utilities companies since its inception in May 2022, attracted a record number of delegates, visitors, and industry leaders. Tabreed's senior management participated in various panel discussions and presentations, addressing issues such as sustainable cooling, policy and regulation, and carbon pricing. The company showcased its new geothermal plant and other innovations at its prominently located exhibition stand. CEO Khalid Al Marzooqi highlighted Tabreed's role as a major utility provider and its pride in being the Exclusive Cooling Partner for the event.

International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company has become aware that its name, employees' names, and logo are being misused by scammers to advertise fraudulent investment opportunities and tenders online. These scammers are requesting personal, business, and financial information, including credit card and bank details, to pay tender fees or invest in the company. IHC emphasizes that it will never send tender requests or communications asking for personal, business, or financial information via email, mail, or any other means, nor will it ask for payments or investments through such methods. If you receive such a request claiming to be from IHC, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of emails or domains claiming to be from IHC by checking the sender’s email address. Official communications will always come from an “@ihcuae.com” domain. IHC advises the public to stay updated with the latest news by visiting their official website (ihcuae.com) or viewing regular news and disclosures on the ADX website (adx.ae).

AD Ports Group has signed agreements with two UAE banks to refinance its USD 2.25 billion syndicated loan, resulting in potential savings of up to AED 44 million (USD 12 million) in finance costs over the next 12 months. The new refinancing includes an AED 9.2 billion (USD 2.5 billion equivalent) medium-term facility with a 2.5-year maturity and an AED 1.0 billion (USD 273 million equivalent) short-term facility with a 1.5-year tenor. This move extends the Group's debt maturity to 2026 and beyond, providing greater financial flexibility and positioning the company to benefit from declining interest rates. The refinancing follows the US Federal Reserve's decision to start its interest rate easing cycle. AD Ports Group aims to use bonds as the primary long-term funding vehicle and is rated “A+” & “gcAAA” by S&P and “AA-” with a stable outlook by Fitch.

AD Ports Group has signed agreements with two UAE banks to refinance a USD 2.25 billion syndicated loan at more favorable terms, potentially saving up to AED 44 million (USD 12 million) in finance costs over the next 12 months. The new facilities include a medium-term facility of AED 9.2 billion (USD 2.5 billion) with a 2.5-year maturity and a short-term facility of AED 1.0 billion (USD 273 million) with a 1.5-year tenor. This refinancing aligns with the Group's strategy to utilize bonds for long-term funding and takes advantage of the US Federal Reserve's recent interest rate cuts. The new agreements extend debt maturity to 2026 and beyond, offering greater financial flexibility and lower financing costs. AD Ports Group holds strong credit ratings from S&P and Fitch.

Dana Gas PJSC will hold a board meeting on Wednesday, 25 September 2024, starting at 11:00 AM. The agenda includes discussions on the company's operations in Egypt, the United Arab Emirates, and the Kurdistan Region of Iraq, a report on financing options, the ratification of Q2 2024 financial statements, and other routine matters. The meeting details were authorized and signed by Omran Al Zamani, Board Secretary, on 20 September 2024.

The Dubai Financial Market (DFM) has issued the expiry settlement prices for DFM Equity Futures Contracts expiring in September 2024. The prices are listed for various contracts, each identified by a series code, contract ID (ISIN), and currency (AED). The settlement prices range from 0.192 AED for SHUAA (SHUAA U24) to 20.250 AED for Emirates NBD (ENBD U24). This announcement is available on the DFM website and includes a disclaimer that the information is subject to change and is not a substitute for the official DFM Regulated Derivative Contract Trading Regulation.