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On 26 May 2026, the Board of Directors of Gulf Navigation Holding PJSC held a virtual meeting via Microsoft Teams. During the meeting, the Board approved a recommendation from the Audit Committee to propose to shareholders at the upcoming General Assembly in June 2026 the appointment of a new external auditor, subject to regulatory approvals. They also approved the inclusion of this item in the General Assembly agenda, pending approval from the Capital Market Authority. Additionally, the Board discussed other general business matters. The communication was signed by Alvaro Benevides, the Board Secretary.
Drake & Scull International PJSC announced the suspension of two contracts related to the Arabian Hills project, initially awarded on 24 February 2025, as part of a broader restructuring effort. This decision aims to protect shareholder interests amid recent regional developments. The company is closely monitoring the situation, coordinating with relevant parties, and remains committed to transparency by keeping shareholders and the market informed of significant developments in compliance with disclosure requirements.
The notification informs the recipients about a change in the timing of the Gulf Navigation Holding PJSC Board of Directors meeting. Originally scheduled for 10:00 am on Tuesday, 26 May 2026, the meeting will now take place from 12:00 pm via Microsoft Teams. The message is addressed to the Chief Executive Officers of the Dubai Financial Market and the Capital Market Authority in Abu Dhabi and is signed by Alvaro Benevides, the Board Secretary of Gulf Navigation Holding PJSC.
The settlement price for the Micro GME Oman Crude Oil Futures contract expiring in May 2026 is $103.60 USD. The contract series code is OMOIL N26, and the contract ID is OIL220526001. This announcement is available on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistency.