Dubai Financial Market PJSC
Year to date
-0.10 %
3 months
-0.02 %
6 months
-0.14 %
1 year
-0.20 %
3 years
0.00 %
5 years
0.00 %
Country of Origin: United Arab Emirates (U.A.E)
Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments.
The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions.
The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf.
The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.
Latest Pressrelease Summaries
Threads
The Board of Directors of Watania International Holding (PJSC) is inviting its shareholders to the Annual General Assembly Meeting. The agenda includes approval of the board's report on the company's activities and financial position for the fiscal year ended 31 December 2023, auditor's report, company's balance sheet, and profit and loss account. The board also recommends refraining from distributing dividends for the same fiscal year. Other items include approving board members' remuneration, discharging the board and auditors from liabilities, appointing external auditors for the fiscal year 2024, and ratifying the appointment of Mr. Rashid Mahboob Ali Musabeh Al Qubaisi as a successor to Mr. Shahab Lutfi Al Hormozi. The meeting will be held on 24 April 2024, both in person and electronically via video conferencing.
The Al Sagr National Insurance Company's Board of Directors has invited its shareholders to the annual General Assembly meeting, scheduled for 24/04/2024 at the company's head office in Dubai. The meeting will be held both in-person and remotely, and will cover a range of topics including the approval of the company's 2023 financial reports, the non-distribution of dividends due to accumulated losses, and the election of new board members for the 2023-2026 term. The meeting will also discuss the sale of Ras Al Khor land property and the utilization of the entire legal reserve to offset accumulated losses. Shareholders can register, attend, and vote electronically, and the meeting is open to shareholders registered in the Shareholders Register by 23/04/2024.
The Micro DME Oman Crude Oil Futures Contracts, set to expire in April 2024, have been issued with the expiry settlement price of 88.68 USD. The contract series code is OMOIL M24 and the contract ID is OIL230424001. This information was released by the Dubai Financial Market and can be accessed on their website. It's important to note that this document is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Board of Directors of Emaar Development PJSC has invited shareholders to the Annual General Meeting (AGM), which will be held both remotely and at the Address Sky View Hotel in Dubai on April 23, 2024. If the meeting does not meet quorum, it will be rescheduled for April 30, 2024. The agenda includes approval of the board's report, auditors' report, balance sheet, and profit and loss account for the fiscal year ending December 31, 2023. The board will also propose a dividend distribution of AED 2,082,000,000, representing 52% of the share capital. Other items include approval of board remuneration, discharge of board and auditors' liability for 2023, appointment of auditors for 2024, and approval for board members to engage in company activities. Shareholders can vote through www.smartagm.ae and are encouraged to update their contact details with the Dubai Financial Market for dividend payments.
The Board of Directors of Amlak Finance PJSC has invited shareholders to the Annual General Meeting on 23 April 2024, to be held at Kempinski the Boulevard, Downtown Dubai or remotely. The agenda includes the ratification of various reports and financial statements from the fiscal year ending 31 December 2023, approval of Directors' remuneration, a recommendation not to distribute dividends to shareholders, appointment of the Internal Sharia Supervisory Committee Members for 2024-2027, absolution of the Board of Directors and the External Auditors from liability for 2023, appointment of the External Auditors for 2024, and election of the Board of Directors for 2024-2027. Additionally, a special resolution will consider voluntary contributions for 2024 not exceeding 0.04% of the net profit of 2023.