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RAK Properties has scheduled a Board of Directors meeting on August 7, 2024, at 1:00 PM at Anantara Hotels. The agenda includes discussing and approving the interim financial statement for the six-month period ending June 30, 2024, along with other administrative matters.

Resolution No. 448 of 2024 concerns the temporary suspension of trading in the shares of Abu Dhabi National Takaful Co. (TKFL) on the Abu Dhabi Securities Exchange (ADX). The suspension will start at 11:00 AM on August 7, 2024, due to a Board of Directors meeting scheduled at that time, which coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution mandates that all department heads at ADX implement this decision and that it be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on August 2, 2024.

TECOM Group PJSC reported a 24% increase in net profit for the first half of 2024, reaching AED 603 million, driven by high occupancy rates and strong business performance. Revenue for H1 2024 grew by 9% year-on-year to AED 1.1 billion, supported by occupancy rates exceeding 92% and a successful business strategy. EBITDA also rose by 9% to AED 896 million due to overall revenue growth and operational optimization. Funds from operations increased by 24% year-on-year to AED 840 million. The Board of Directors approved an interim cash dividend of AED 400 million for H1 2024, to be distributed by September 2024. The Group's results reaffirm its role in supporting Dubai's knowledge-based economy by attracting global and regional companies to its specialized business districts.