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The Market Operations Surveillance Department of the Abu Dhabi Securities Exchange has issued a notice regarding the upcoming meeting of the Board of Directors of Waha Capital PJSC. The meeting is scheduled for Thursday, 1 August 2024, at 10:00 a.m. in Abu Dhabi. The agenda includes reviewing the company’s financial statements for the second quarter ending 30 June 2024, updates on the renewal of the company’s revolving credit facility, and other general business matters. This notification is signed by Paul Myers, General Counsel & Board Secretary, and a copy has been sent to the Securities and Commodities Authority.

The Board of Directors of Multiply Group PJSC held a meeting on July 29, 2024, at 4:00 PM, attended by the majority of board members. During the meeting, the audited financial statements for Q2 2024 were approved, and other business matters were discussed. The information was communicated to the Securities and Commodities Authority (SCA) and the Abu Dhabi Securities Exchange.

The Board of Directors of ADNOC Drilling Company PJSC will hold a meeting on Friday, 2 August 2024, at 3:00 p.m. via video conference. The agenda includes discussing and approving the company's financial statements for the second quarter of the financial year 2024, as well as other general matters related to the company's activities and projects. The notification is addressed to the Market Operations and Surveillance section of the Abu Dhabi Securities Exchange and is signed by Abdulrahman Abdulla Al Seiari, the Chief Executive Officer. A copy of the notification has also been sent to the Securities and Commodities Authority.

On 29th July 2024, Aldar Properties PJSC held a Board of Directors meeting from 9:00 am to 9:35 am with six board members present, achieving a quorum of 85.7%. The meeting resulted in the approval of the financial statements for Q2 2024 and the consideration of general business, operational, and strategic items. The authorized signatory for the meeting was Mohammad Hatim Abedalrahman, the Company Secretary.

Aldar's net profit for the first half of 2024 increased by 57% year-over-year, driven by significant backlog realization and strong performance in its investment portfolio. Key highlights from H1 2024 include a 21% YoY increase in development sales to AED 14.0 billion, with 79% of UAE sales coming from overseas and resident expat buyers. The company reported a record development backlog of AED 39.0 billion, with AED 33.2 billion in the UAE, supporting future revenue over the next 2-3 years. Aldar also made a strategic entry into Dubai's commercial segment with a total commitment of AED 1.8 billion and formed a strategic partnership with DP World to develop a logistics park in Dubai. The company's investment properties platform aims to diversify and grow earnings through strategic capital deployment and asset optimization. Aldar issued a second USD 500 million green sukuk and conducted a tender buyback of 2025 sukuk, optimizing its debt structure. The company maintains ample liquidity with AED 3.6 billion in free cash, AED 7.6 billion in undrawn committed credit facilities, and AED 6.2 billion in unrestricted escrow accounts. Financial results for H1 2024 include: - Revenue: AED 10.9 billion (+73% YoY) - Gross Profit: AED 3.9 billion (+43% YoY) - EBITDA: AED 3.9 billion (+61% YoY) - Net Profit (after tax): AED 3.3 billion (+57% YoY) For Q2 2024: - Revenue: AED 5.3 billion (+64% YoY) - Gross Profit: AED 1.8 billion (+27% YoY) - EBITDA: AED 2.0 billion (+42% YoY) - Net Profit (after tax): AED 1.8 billion (+37% YoY) Aldar’s effective tax rate for H1 2024 was 4.1%, following the introduction of UAE corporate income tax on January 1, 2024. Pre-tax net profit increased by 63% to AED 3.5 billion in H1 2024 and by 42% to AED 1.8 billion in Q2 2024.

Aldar Properties PJSC has released a review report and interim financial information for the six-month period ending on June 30, 2024.