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Dubai Insurance Company (P.S.C) has announced that credit rating agency AM Best has upgraded its Financial Strength Rating to A (Excellent) and its Long-Term Issuer Credit Rating to “a” (Excellent). The company cites the upgrade as a reflection of its strong financial standing and the increasing trust in its diverse insurance products. The firm remains dedicated to upholding its high standards and continuing its progress.

On 22 May 2024, Amlak Finance P.J.S.C held a meeting from 3:00PM to 5:00PM. All seven board members were present, achieving a 100% quorum. The board discussed normal business-related matters. The meeting was signed off by Lama Takieddin, the Head of Corporate Governance and Company Secretary.

The General Meeting (GM) for Presight AI Holding PLC took place on Tuesday, 21st May 2024, at the Rosewood Abu Dhabi Hotel and virtually online. The meeting, chaired by H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, Chairman of the Board of Directors, started at 4:00 PM and ended at 4:30 PM. The total attendance quorum was 90.06% of the capital. The meeting's results were disclosed to the Market Operations and Surveillance Department of the Abu Dhabi Securities Exchange.

Resolution No. 418 of 2024 announced the temporary suspension of trading on the shares of The National Bank of Ras Al Khaimah (RAKBANK). The suspension is due to coincide with the bank's AGM, scheduled for 10:00 on the 13th of June, 2024. Trading on RAKBANK shares will be suspended from this time until the ADX receives the AGM results. The resolution instructs all department heads in ADX to execute this decision in their respective fields and circulate the resolution to the Securities and Commodities Authority (SCA), the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 22/05/2024.

The Dubai Financial Market has announced that the July 2025 Contract Series for Oman Crude Oil Futures contracts will be available for trading from 27 May 2024. The contract, identified as OIL230525001 and symbolized as OMOILN25, is named Micro DME Oman Crude Oil FUT - July 2025. It will be de-listed on 23 May 2025. The announcement is available on the Dubai Financial Market's website. The information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of any inconsistency.

On May 21, 2024, Abu Dhabi Ship Building PJSC announced a resolution by its Board of Directors to restructure the Human Resources and Nominations Committee. The restructured committee will consist of three members, namely Anas Al Barguthi (Chairman), Khalifa Abushahab (Member), Dr. Najwa Aaraj (Member), and an advisor, Noor Al Sulaimani. The resolution will be presented at the next Board of Directors meeting for recording in the minutes.

The Board of Directors of Abu Dhabi National Insurance Company PJSC held their 4th meeting of 2024 on 27th May. The agenda included the adoption of the agenda, approval of the previous meeting's minutes, follow-up on the company's regular business, and discussion of any other matters. The meeting was officially documented by Board Secretary, Omar Khedr. Both the Securities and Commodities Authority and the Central Bank of the UAE were informed about the meeting.

The Abu Dhabi Securities Exchange has received a press release from the Abu Dhabi National Oil Company (ADNOC). ADNOC, which currently owns 84% of the ordinary shares in ADNOC Drilling Company PJSC, has made a general disclosure. A copy of this communication has also been sent to the Securities and Commodities Authority.