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The text is a clarifying disclosure regarding the approval of delegation of authority to attend general assemblies, according to Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. It informs shareholders that they may delegate someone, other than board members or company staff, to attend the general assembly on their behalf through a written delegation. The agent must have the right to attend and vote, and should not represent more than 5% of the company's issued capital. Those lacking legal capacity must be represented by their legal representatives. The shareholder's signature on the power of attorney must be approved by a notary public, a chamber of commerce or economic department, a bank or licensed company (provided the agent has an account with them), or licensed financial markets in the country.

SHUAA Capital Bond 1 Limited has announced an exchange offer for its $150 million 7.50% notes due on March 31, 2025. The offer invites eligible holders to exchange up to $75 million of these existing notes for UAE Dirham-denominated mandatory convertible bonds issued by SHUAA Capital psc. This exchange offer is contingent upon approval from the UAE Securities and Commodities Authority and is subject to the terms outlined in the exchange offer memorandum dated February 19, 2025. The offer period runs from February 19 to February 28, 2025, unless extended or terminated by the issuer. Noteholders participating in the exchange agree to waive any accrued interest on the exchanged notes up to the settlement date.

A new contract series for Micro GME Oman Crude Oil Futures, with the contract name "OMOILJ26," will be available for trading starting on February 24, 2025. This contract is set to expire on February 20, 2026. The announcement was made by the Dubai Financial Market and can be accessed on their website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.

The text informs shareholders about their rights and procedures for attending the general assembly, as outlined in Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. Shareholders can delegate someone to attend on their behalf, provided the delegate is not a Board member, company staff, or securities brokerage employee. The delegate cannot represent more than 5% of the company's issued capital. Shareholders must have their signatures on the power of attorney verified by an approved entity, such as a Notary Public, Chamber of Commerce, licensed bank, or financial market. The proxy form should include the shareholder's and brokerage firm's contact details. For further inquiries, contact the provided phone number or email address.

On 18 February 2025, Amlak Finance held a board meeting from 3:00 PM to 5:00 PM, with six board members present, achieving a quorum of 86%. The board decided to call a shareholders' meeting to approve the sale of some of the company's investment properties, including plots in Ras Al Khor, pending regulatory approval. They also authorized the Executive Management to set the meeting date and publish the invitation in coordination with regulatory authorities. Additionally, the board discussed regular business matters. The authorized signatory for the meeting was Lama Takieddin, the Head of Corporate Governance and Company Secretary.

Sean Magee, the Board Secretary, addressed a letter dated 18 February 2025 to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, UAE, and H.E. Hamed Ahmad Ali, CEO of the Dubai Financial Market, Dubai, UAE. The letter clarifies recent media reports about Tabreed's CFO's comments on debt refinancing plans. It confirms that the statement aligns with business and financial updates shared with the market, which are available on Tabreed's website. Tabreed is evaluating refinancing options as part of standard financial practices and is committed to meeting disclosure and transparency requirements of the relevant authorities. Any significant developments will be disclosed once finalized. For further information, recipients are invited to contact the company.

The National Cement Company has issued a clarifying disclosure regarding the approval of proxies, in line with Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. Shareholders who have the right to attend the general assembly can delegate someone, who is not a board member, company employee, or employee of a securities brokerage company, to attend and vote on their behalf. This delegation must be in writing and explicitly state the agent's rights. The delegated person must not hold more than 5% of the company's issued capital. The shareholder's signature on the power of attorney must be verified by a notary public, a commercial chamber, a licensed bank or company, or any licensed attestation entity. The proxy form should include the contact details of both the shareholder and the brokerage firm that approved the proxy. The form serves as a guideline, allowing the shareholder to issue the proxy according to their preferred limits and powers, provided the signature is verified by one of the mentioned authorities. For further information or clarification, contact details are provided.

Sukoon Insurance, previously known as Oman Insurance Company, has launched new digital Accident and Health Insurance products in Dubai, UAE, on February 18, 2025. These products, developed in partnership with the InsureTech platform Democrance, offer comprehensive and flexible coverage options that can be purchased online quickly. The launch addresses the increasing demand for accessible and affordable insurance due to heightened awareness of financial protection needs amidst global economic uncertainties. The new plans are designed to cater to individual needs and budgets, providing a seamless online experience from purchase to claims. Emmanuel Deschamps, Executive Vice President at Sukoon Insurance, emphasized the company's commitment to offering innovative and customer-focused insurance solutions. This launch further establishes Sukoon's reputation as a leading insurer in the UAE.