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First Abu Dhabi Bank (FAB) has appointed Chris Jaques as Group Chief Risk Officer effective August 5, 2024. Mr. Jaques brings over 30 years of experience in the financial services sector, having held leadership roles in risk management, income derivatives trading, and multi-asset fund management. He joins FAB after an 11-year tenure at Deutsche Bank, where he most recently served as Chief Risk Officer for the UK and Ireland and Global Head of Enterprise Risk Management. FAB’s Board of Directors and leadership extend a warm welcome to Mr. Jaques. For media and investor inquiries, contact FAB Communications or FAB Investor Relations.

Dana Gas (PJSC) has announced that Pearl Petroleum Co. Ltd has issued a notice of termination to Enerflex, the EPC contractor for the KM 250 project, due to numerous performance issues. These issues have caused significant delays and hindered the progress of the Khor Mor gas expansion project in the Kurdistan Region of Iraq. As a result, Pearl Petroleum will take direct control of the remaining phases of the project to ensure its timely completion. Pearl also reserves the right to claim potential damages under the contract.

Agility Public Warehousing Company KSCP announced a change in the date for their Q2 2024 analyst call. The call, initially scheduled for August 15, 2024, will now be held on August 21, 2024, at 2:00 PM local time through a live webcast. This adjustment has no impact on the company's financial position.

Al Salam Bank B.S.C., licensed and regulated as an Islamic Retail Bank by the Central Bank of Bahrain, announced a transaction involving a substantial shareholder. On 18 August 2024, Overseas Investment S.P.C. sold 12,513,924 shares, reducing their ownership from 175,504,546 shares (6.38%) to 162,990,622 shares (5.93%). The announcement was made to both the Bahrain Bourse and Dubai Financial Market. The transaction details were communicated by Ali Yusuf Al Khaja, Head of Compliance and MLRO.