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The text refers to the condensed consolidated interim financial statements of the Commercial Bank of Dubai PSC for the six-month period ending on June 30, 2024.

International Financial Advisors Holding K.P.S.C., a public shareholding company in Kuwait, is conducting a rights offering of 180,044,470 ordinary shares. Each share is priced at 150 fils, comprising 100 fils nominal value and 50 fils premium. Eligible shareholders have a preemption right to subscribe to the new shares from July 29, 2024, to August 8, 2024. The prospectus is dated July 9, 2024, and Arzan Financial Group for Financing and Investment K.P.S.C. is serving as the lead manager and subscription agent.

On 24 July 2024, a Board of Directors meeting for the Commercial Bank of Dubai P.S.C. was held at 9:00 a.m. During the meeting, the board approved the minutes of the previous meeting held on 24 April 2024, approved the financial statements for the second quarter of 2024, and discussed normal business activities. The meeting was documented by Mr. Ahmed Ali Al Jaziri, the Board Secretary, and a copy of the minutes was sent to the Securities and Commodities Authority.