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Enersol has signed an agreement to acquire a 100% equity stake in EV Holdings for $45 million. EV Holdings is a global provider of vision-based diagnostics and analytical services in the oil and gas sector. This acquisition aligns with Enersol's strategy to become a technology-centric investment platform. This marks Enersol's third acquisition, bringing its total commitments to approximately $550 million. The transaction is subject to regulatory approvals and closing adjustments. EV Holdings operates in 36 countries, including the UAE and Saudi Arabia, and offers well diagnostics services to address complex wellbore issues.

On 2 August 2024, the Board of Directors of ADNOC Drilling Company PJSC held a meeting via video conference at 3:00 p.m. During this meeting, the Board approved the company's financial statements for the second quarter of the financial year 2024. Additionally, they approved the distribution of interim cash dividends to shareholders for the first half of 2024, amounting to USD 394,143,750 (equivalent to AED 1,447,492,922), which translates to approximately 9.0468 fils per share. Key dates include the last entitlement date on 8 August 2024, the ex-dividend date on 9 August 2024, the shareholders' registry closing date on 12 August 2024, and the payment date within 30 days from 2 August 2024. All parties agreed to sign the document electronically.

The Abu Dhabi National Insurance Company PJSC will hold its Board of Directors Meeting No. 6/2024 by circulation on Thursday, August 8, 2024, starting at 11:00 am. The agenda includes reviewing and approving the company's financial statements for the second quarter of 2024 and requests for Corporate Social Responsibility contributions. The authorized signatory for this disclosure is Omar Khedr, the Board Secretary. Copies of this disclosure have been sent to the Securities and Commodities Authority and the Central Bank of the UAE.

On 2 August 2024, the Board of Directors of the National Marine Dredging Company PJSC issued a written resolution by circulation. The resolution invites the General Assembly of the company to convene on a date to be agreed upon with the Securities and Commodities Authority (SCA) to consider a related party transaction. This consideration will occur after completing the necessary valuations by an independent valuer as required by applicable regulations. The Board has decided to defer its consideration of the formation until a later date. The company will disclose the date of the General Assembly and its agenda to the market once it is approved by the SCA.

Eshraq Investments PJSC has announced that their Board of Directors' Meeting No. 4 for the year 2024 will be held on Tuesday, August 13, 2024, via video and audio conference call, starting at 16:30. The agenda includes reviewing and approving the condensed consolidated interim financial information for the six-month period ending June 30, 2024 (unaudited), and discussing other general business matters. The announcement was made by Mohammad Al Bazaieh, Corporate/Board Secretary.

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.