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ADNOC Distribution's Board of Directors has approved an interim cash dividend of $350 million (AED1.285 billion) for the first half of 2024, equivalent to 10.285 fils per share. The dividend will be distributed in October 2024, with the last day to purchase shares to qualify for the payment set for September 26, 2024. The company has introduced a new five-year dividend policy, setting an annual dividend of $700 million or a minimum of 75% of net profit, whichever is higher, from 2024 to 2028. The policy aims to provide improved payback visibility and potential for increased returns from future earnings growth. Since its IPO in 2017, ADNOC Distribution has distributed $4.4 billion in dividends. The company expects the second and final dividend for 2024 to be paid in April 2025, subject to Board and shareholder approval. CEO Eng. Bader Saeed Al Lamki highlighted the company's strong performance in H1 2024, driven by robust financial results and a successful growth strategy.

Burjeel Holdings PLC, a leading healthcare provider in the MENA region, has announced plans to expand its women and children healthcare services by launching IVF services. This expansion will be integrated into their existing comprehensive portfolio, which includes advanced gynecology, fetal medicine, and pediatric subspecialties. The Trust Fertility Clinic, part of Burjeel Medical City, will be the largest fertility center in the UAE, offering advanced personalized fertility care and cutting-edge technologies such as AI-driven embryo selection. The clinic will be led by Dr. Walid Sayed, an expert in reproductive endocrinology and infertility. This initiative aims to provide a seamless journey for women from conception to delivery, ensuring high standards of care for both maternal and newborn health. The expansion reflects Burjeel's commitment to meeting the growing demand for fertility services in the region and providing world-class, personalized care.

The Dubai Financial Market (DFM) has issued the expiry settlement prices for its equity futures contracts expiring in September 2024. The announcement, dated September 19, 2024, lists the settlement prices in AED for various contracts, including AIRARB U24 (2.750), ANSRI U24 (1.010), ARMX U24 (2.310), DEWA U24 (2.460), and others. The full list and further details are available on the DFM website. The document includes a disclaimer noting that the information is subject to change and advises referring to the official DFM Regulated Derivative Contract Trading Regulation for any inconsistencies.