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The Dubai Financial Market (DFM) has issued the expiry settlement prices for its Equity Futures Contracts due to expire in May 2024. The contracts and their respective settlement prices in AED are as follows: AIRARB K24 at 2.460, ANSRI K24 at 1.020, ARMX K24 at 2.550, DEWA K24 at 2.350, DEYAAR K24 at 0.720, DFMGI K24 at 4,086.0, DFM K24 at 1.340, DIBK24 at 5.630, DICK24 at 2.170, DUK24 at 5.800, EMAAR K24 at 7.680, EMPWR K24 at 1.530, EMRDEV K24 at 7.710, ENBD K24 at 16.600, GFHK24 at 0.996, SALIK K24 at 3.330, and SHUAA K24 at 0.131. The DFM reminds that this information is subject to change and should not replace the official DFM Regulated Derivative Contract Trading Regulation.

On April 16, 2024, Abu Dhabi National Takaful Co. P.S.C - Takaful held its General Assembly Meeting. The meeting was chaired by Mr. Khalid Deemas Alsuwaidi and had an attendance of 87.85%. The assembly approved the Board of Directors’ Report on the company’s activity and financial position for the fiscal year ended on December 31, 2023. The Auditor’s Report and the Internal Shariah Supervisory Board’s Report for the same period were also approved. The company’s balance sheet and profit and loss account were discussed and approved. The Board of Directors proposed a cash dividend distribution amounting to 31,500,000 AED, representing 30% of paid-up capital or 30 fils per share, which was approved by the assembly.

The Dubai Supreme Council of Energy (DSCE) has recognized Emirates Central Cooling Systems Corporation (Empower) as the leading district cooling company in its Demand Side Management Recognition Program. The award was given in recognition of Empower's contributions to energy and water efficiency, commitment to circular economy principles, and innovations for a greener future. Empower's CEO, Ahmad bin Shafar, accepted the award and highlighted the company's operational milestones during 2023, its ongoing expansion efforts, and its commitment to sustainability. Furthermore, Empower has reached a total connected capacity of 1.52 million refrigeration tons and a contracted capacity of 1.69 million RT by the end of Q1 2024.