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Al Ansari Financial Services PJSC, a leading financial services group in the UAE, has been awarded the Best Financial Institution IPO in the EMEA region for 2023 by EMEA Finance. The award recognizes the successful execution and high investor demand for the Group's IPO, which raised AED 773 million and saw demand exceed AED 12.7 billion. The award ceremony took place in London and highlighted notable deals and dealmakers in the region. Group CEO Rashed A. Al Ansari expressed his gratitude for the recognition and emphasized the company's commitment to delivering value to shareholders and stakeholders. The Group's subsidiaries, including Al Ansari Exchange, have established a specialized ecosystem for efficient money mobility. The recognition underscores the Group's strategic direction and its strong position in the financial services sector.

The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting on June 13, 2024. These contracts, set to expire on September 19, 2024, include futures for various companies such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Additional details and updates can be found on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.

The Islamic Arab Insurance Company (SALAMA) PJSC has announced the opening of nominations for its Board of Directors' membership. Shareholders can submit their applications from June 12, 2024, to June 22, 2024. Interested candidates must meet the nomination conditions and apply at the company’s main office in Dubai, including a brief resume and the type of membership they are seeking (non-executive independent or non-executive non-independent). Two board members will be elected, and the nomination period will last for 10 days as per regulatory requirements. Candidates must comply with the conditions outlined in the Federal Decree-Law on commercial companies and related governance guidelines.

GFH Financial Group B.S.C. announced that its Board of Directors will hold a meeting on Monday, 12th August 2024, at 2 p.m. Bahrain time. The agenda includes reviewing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

Bayanat and IMKAN Properties have signed a Memorandum of Understanding (MoU) to develop an autonomous and sustainable transportation infrastructure on SHA Island Emirates at AlJurf. The project aims to minimize the use of manned vehicles by implementing an AI-enabled transportation ecosystem for fully autonomous driving. Located between Abu Dhabi and Dubai, the island will focus on health and wellness and will also host the SHA Wellness Clinic. Bayanat will provide the digital infrastructure, including HD maps and positioning, while IMKAN Properties will handle the physical infrastructure development.