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The National Bank of Fujairah (NBF) announced that CEO Vince Cook will step down at the end of September 2024 after leading the bank for over 14 years. Adnan Anwar, currently the Deputy CEO, will assume the role of CEO starting October 1, 2024. Vince Cook is credited with driving the bank's digital transformation, expanding its SME, trade finance, and Islamic finance offerings, and implementing a robust ESG strategy. The Board of Directors expressed their gratitude for his contributions. Adnan Anwar, who has been with NBF for 19 years and served as Deputy CEO since November 2020, will focus on expanding digital services, maintaining a customer-centric approach, and achieving sustainable growth. The Board is confident in Anwar's ability to continue driving the bank's strategic goals and delivering exceptional customer service.

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, is expected to enhance long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This investment is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will be some of the most advanced globally and will operate on existing and new artificial islands at the Zakum field. The award is seen as a significant milestone and a testament to ADNOC Drilling's technical expertise and capabilities.

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, enhances long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This purchase is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will operate on existing and newly constructed artificial islands at the Zakum field, contributing to ADNOC's efforts to meet global energy demands while minimizing emissions.

On July 2, 2024, Abu Dhabi Ship Building PJSC held a Board of Directors meeting from 10:00 am to 12:00 pm with eight board members present, achieving an 88.89% quorum. During the meeting, the board approved the previous meeting's minutes, the company budget for 2024-2028, and the company policies and procedures. The authorized signatory for these resolutions is CEO David Massey, who signed the document on July 2, 2024.

GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on Tuesday, July 2, 2024, and in accordance with Boursa Kuwait's instructions and Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010, there is no additional material information to disclose beyond what has already been recently announced. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.