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The Dubai Financial Market (DFM) has released its margin parameters for various financial instruments, effective from May 9, 2024. The base margin percentages range from 5% to 13%, with the base margin per contract varying between AED 2 and AED 2048, and USD 767 for OMOIL. The spread margin per contract ranges from 1 to 410. The DFM has also provided links to its guidelines and procedures for margin calculation and eligible margin types. The information is subject to change and should be used in conjunction with the DFM's Regulated Derivative Contract Trading Regulation.

Amlak Finance reported an 89% increase in its net group profit after income tax for Q1 2024, compared to the same period in 2023. The company's total assets stand at AED 3.14 billion. Amlak is currently in advanced negotiations to exit its current Common Term Agreement. The company's revenue from financing and investing business increased by 14% to AED 33 million during Q1 2024, but total revenue decreased by 9% to AED 68 million. Amlak's operating costs were down by 23% to AED 23 million. The company also repaid AED 23 million to financiers during Q1 2024, and has settled 84% of its Islamic deposit liabilities since 2014. However, Amlak's financial position was impacted by the devaluation of the Egyptian Pound against AED.

The text is a review report and condensed consolidated interim financial information for Amlak Finance PJSC and its subsidiaries. The report covers the three-month period ending on 31 March 2024 and is unaudited.

Resolution No. (399) of 2024 temporarily suspends trading on the shares of Gulf Medical Projects Company. This decision is in accordance with Article No. (16) of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the company's Board of Directors Meeting scheduled for 12:00 on 14-May-2024, which coincides with the trading session at ADX. Trading will be suspended from 09:00 on 14-May-2024 until ADX receives the meeting results. The resolution instructs all department heads at ADX to implement this in their respective fields. The resolution is to be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 08/05/2024.

The letter is addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, from Lama Takieddin, the Head of Corporate Governance and Company Secretary of Amlak Finance PJSC. The letter dated May 8, 2024, informs that the Board of Directors of Amlak Finance PJSC has approved the company's financial statements for the period ending March 31, 2024. The Securities & Commodities Authority is also copied in this correspondence.

Resolution No. (398) of 2024 temporarily suspends trading of RAPCO Investment PJSC shares on the ADX. The suspension is due to coincide with RAPCO's Board of Directors Meeting at 10:00 on May 10, 2024. Trading will be suspended from 09:00 on that day until ADX receives the meeting results. All department heads in ADX are required to enforce this resolution in their respective fields. The resolution will be circulated to 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 May 8, 2024.

Resolution No. (397) of 2024 temporarily suspends trading on the shares of Emirates Insurance Co., in accordance with article No. (16) of the Regulations concerning the listing of securities on ADX. The suspension will occur from 09:00 on 13-May-2024, due to the Emirates Insurance Co. Board of Directors meeting at 12:30 on the same day, and will last until the meeting results are received by ADX. The resolution is to be executed by all department heads at ADX and circulated to 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 08/05/2024.

The Abu Dhabi Securities Exchange (ADX) has issued a circular (19/2024) announcing a temporary suspension of trading on E7 Group shares. This follows the results of the E7 Group Company's General Assembly Meeting on 24/04/2024, where approval was given for the company's share split in line with Article (10/11) of the Listing and Disclosure Rules of the Operating Market. The trading suspension will take place on Friday, 03 May 2024 and Monday, 06 May 2024 due to the entitlement date of the Bank's shares split on 02/05/2024. Trading is expected to resume on Tuesday, 07 May 2024.