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Resolution No. 335 of 2024 temporarily suspends trading of Phoenix Group PLC shares on the ADX due to a board meeting scheduled at the same time as the trading session. Trading will be halted from 09:00 on 26-Mar-2024 until the ADX receives the meeting results. All department heads at ADX are instructed to implement this resolution in their respective fields. The resolution will be circulated to the SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution, approved by an authorized person, was issued on 20/03/2024.

The Dubai Financial Market has announced a new contract series for Oman Crude Oil Futures contracts for May 2025. The contracts will be available for trading from 25 March 2024 until 24 March 2025. The contract ID is OIL240325001 and the contract series code is OMOILK25. The information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation.

The text is a communication to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It discusses the resolutions adopted at the Annual General Assembly meeting of the National Central Cooling Company PJSC (Tabreed) held on 19 March 2024. The main resolution is to authorize the Board of Directors to issue non-convertible bonds and/or sukuk up to a total value of USD 1 billion to qualified investors over the next 12 months. The profit rate will not exceed the prevailing market rate for companies with the same credit rating as Tabreed.

The Board of Directors of Dubai Insurance Company (PSC) is inviting shareholders to their Annual General Assembly meeting on 20/03/2024 at 13:00 PM. The meeting can be attended at the company's headquarters or remotely via video technology. The agenda includes reviewing and approving the company's activities and financial position for the fiscal year ended 31/12/2023, the auditor's report, the balance sheet, and the profit and loss account. The board will also propose the distribution of cash dividends, remuneration for board members, and discuss discharging or removing board members and auditors. The appointment of auditors for 2024 and their fees will also be decided. Lastly, amendments to the Articles of Association will be considered to comply with active laws and regulations, pending regulatory approval.

The Board of Directors of Union Properties (PJSC) has invited its shareholders to the Annual General Assembly Meeting, to be held both virtually and physically at The Ritz Carlton Hotel, Dubai Financial Center, on 18 April 2024. The agenda includes the authorization of the Chairman to appoint the meeting’s Secretary and vote collector, approval of reports on the company's financial position, ratification of the new Board member, approval of expense policies for Board members, and potential discharging or dismissal of Board members and auditors. Shareholders can register to attend and vote electronically, with registration opening on 20 March 2024. Shareholders may also appoint a written proxy to attend the meeting. The meeting will be deemed valid if attended by shareholders who hold or represent at least 50% of the Company’s capital.