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The Abu Dhabi National Company for Building Materials (BILDCO) will hold its third board meeting of 2024 on Wednesday, May 29, 2024, at 14:00. The agenda includes approving the minutes from the second board meeting of 2024, discussing the developments of legal lawsuits filed by a bank and the results of negotiations, and addressing any other matters.

RAK Properties has unveiled plans for Raha Island, a luxury island community in Mina Al Arab, Ras Al Khaimah. The development will feature high-end hotels, branded residences, exclusive beach, marina and yacht club, 5-star restaurants, cafés, wellness centers, retail, and leisure facilities. The project aims to offer an unparalleled lifestyle experience with a focus on sustainability and community spirit, aligning with the RAK Vision 2030. Raha Island will include over 2.5 kilometers of public beaches and marinas, and will provide complimentary water transit for seamless connectivity within Mina Al Arab and to other Emirates.

The Micro DME Oman Crude Oil Futures contract expiring in May 2024 has an expiry settlement price of 82.42 USD. The contract series code is OMOIL N24 and the Contract ID is OIL240524001. This information, issued on 24 May 2024, is available on the Dubai Financial Market website. It is subject to change and should not replace the relevant Dubai Financial Market Regulated Derivative Contract Trading Regulation.

The weekly trading summary for DFM Regulated Short Sell Transactions from 20 May 2024 to 24 May 2024 reports no RSS trades during this period. Further information on RSS can be found in the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules and Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. This information is subject to change and DFM is not liable for any loss resulting from the use of this data.