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The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting July 11, 2024. These contracts, set to expire on October 17, 2024, cover various securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement and additional details can be found on the Dubai Financial Market website. The information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation for accuracy.

On July 9, 2024, the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange received a disclosure from IHC Subsidiary, Two Point Zero Group LLC, regarding the completion of a Voluntary Tender Offer (VTO). The VTO, initially disclosed on May 31, 2024, involved acquiring a significant minority stake in Elsewedy Electric SAE, a company listed on the Egyptian Exchange (EGX). A total of 427,711,646 shares, representing 19.98% of Elsewedy Electric's issued shares, were tendered in favor of the VTO. The share transfer on the EGX is expected to be completed by July 10, 2024, with settlement anticipated by July 15, 2024. Copies of this disclosure were also sent to the Securities and Commodities Authority in Abu Dhabi.

The government has increased its stake in RAK Properties by 34%, following approvals from ADX and SCA. This decision stems from RAK Properties' significant revenue and profit growth in 2023 and strong performance in Q1 2024. The increased stake reflects the government's confidence in RAK Properties' commitment to developing lifestyle destinations, including flagship projects like Mina Al Arab, Hayat Island, and Raha Island. Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties, stated that this strategic investment will provide resources for growth and innovation, reinforcing their commitment to luxury living and transformative projects in Ras Al Khaimah.

The General Assembly Meeting of Al Seer Marine Supplies & Equipment Company Pr.J.S.C was held on Monday, July 8, 2024, at 3:30 pm. The meeting allowed for both electronic (remote) and in-person attendance. Shareholders were able to register and vote electronically during the meeting. The assembly convened after achieving a quorum with shareholders representing 81.95% of the company's share capital. The topics on the agenda were discussed, and appropriate decisions were made. Attendees from the Board of Directors included Chairman Mr. Readh Faraj Ahmed Alkindi, Vice Chairman General Jasem Yousef Yaqoob Almansoori, Board Member Mr. Mohd Loay T A Abdelfattah, and Board Member & CEO Mr. Guy Neivens. Other board members were unable to attend due to prior commitments.